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$325,000

2138 Wilson Rd, Palmer, TX, 75152

$422,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.73 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Washer
FlooringCarpet, Linoleum

Building Information

Year Built2000
Stories1

Land Information

APN99.0227.000.013.96.110
Lot Number9
Land UseResidential
Legal Description227 A CROCKER;LOT 9 LEISURE FARM UNRCD SUBD IMP ONLY
Census Tract061300
Assessed Improvement Value$48,939
Assessment Year2025

About this property

Beautiful piece of land out in the country, but near Waxahachie and all the conveniences. Mobile home will need repairs, but is now occupied by the owner. The land and the area where it is located is the selling point. New construction and established homes in the area. The majority of the land is fenced. Beautiful trees located toward the middle of the property, a great view from the rear of the house to those, and more trees forming a border for your home at the rear. The mobile home is located toward the front of the property.

Investor Tools

Property Icon
$195,000
Estimated Property Value
$23,045Estimated Mortgage Balance
$172,464Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$422,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$651
$48,939
2025
N/A
$48,939
$48,939
No

Tax History

Year
Tax Paid
Assessed Value
2024
$651
$48,939

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secretary Of Housing And Urban Developme
Building Or Construction Loan
$23,045
No
First
Feb 12, 2025
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,536
$172,464
88%
12%
$139/mo

Learn About the Market: Opportunity in Texas

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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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2138 Wilson Rd | Property Details | No Agent List