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$259,000

218 Palm Lane, Lake Jackson, TX, 77566

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.47 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Dishwasher
FlooringVinyl

Exterior

Lot Size8,851 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN6955-0157-000
Lot Number9
SubdivisionParkwood Terrace
Land UseResidential
Legal DescriptionPARKWOOD TERRACE (LAKE JACKSON) BLK 11 LOT 9
Census Tract663500
Assessed Land Value$41,760
Assessed Improvement Value$158,180
Assessment Year2025

About this property

This beautifully renovated Lake Jackson home has been thoughtfully updated from the studs out, offering the perfect blend of classic charm and modern convenience. Featuring 3 bedrooms, 2 bathrooms, and over 1,400 square feet of living space, this move-in-ready home boasts an open-concept layout designed for today's lifestyle. The spacious kitchen is the heart of the home, showcasing custom wood cabinetry, abundant countertop space, a large center island, and seamless flow into the living area. Durable luxury vinyl flooring extends throughout the home. The primary suite and secondary bedrooms are complemented by fully updated bathrooms featuring granite countertops and beautifully tiled surrounds. Major improvements completed during the renovation include updated plumbing, electrical, HVAC, and windows, providing peace of mind. Situated in the heart of Lake Jackson with a privacy-fenced backyard, this home offers comfort, convenience, and quality craftsmanship throughout.

Investor Tools

$201,532Estimated Mortgage Balance
$1,468Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

Interested in this property?

Meaghan Arceneaux

Mega Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,842
$199,940
2025
$41,760
$158,180
$199,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,842
$199,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$223,250
No
First
May 2, 2021
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,532
$1,468
0%
99%
$1,339/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: Lake Jackson

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218 Palm Lane | Property Details | No Agent List