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$236,703

NAL Estimated Property Value

209 Texas Dr, Palmer, TX, 75152

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,288 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1988

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.42 acres

Building Information

Year Built1957
Stories1
Roof Type105

Land Information

APN00.8445.000.008.00.110
SubdivisionSuburban Estates
Land UseResidential
Legal Description8 SUBURBAN 2.42 ACRES
Census Tract060106
Assessed Land Value$160,000
Assessed Improvement Value$76,703
Assessment Year2025

About this property

Discover the freedom and possibilities on this beautiful acre parcel in Palmer, TX. Whether you’re looking to build your dream home, place a manufactured home, or create a private country retreat, this property offers the flexibility and space you’ve been searching for. acres of open land – room for a home, workshop, garden, and more Manufactured home friendly – bring your plans and make it yours Peaceful rural setting with convenient access to I-45 - Highway 34 Just minutes from downtown Palmer, shopping, schools, and dining Ample space for livestock, recreational use, or future expansion With easy utility access nearby and no city restrictions holding you back, this property is perfect for those seeking a quiet lifestyle without sacrificing convenience. All information regarding property details—including, but not limited to, lot size, square footage, room count, construction type, year built, school district, property taxes, special assessments, and future area developments—is provided as a courtesy but is not guaranteed. It is the sole responsibility of the buyer and the buyer’s agent to independently verify all such information.

Investor Tools

Property Icon
$236,703
Estimated Property Value
$0Estimated Mortgage Balance
$236,703Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,420 /month
Positive
Cash Flow Estimate:
$473 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,195
$236,703
2025
$160,000
$76,703
$236,703
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,195
$236,703

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,703
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
N/A
+$2,020/mo
10.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Palmer

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209 Texas Dr | Property Details | No Agent List