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B+
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Days200Days on Market
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$339,999

220 Poinsetta Drive, Palmer, TX, 75152

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.78 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Private PoolPrivate Pool
Lot Size7,884 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65.6690.912.002.00.110
Lot Number2
SubdivisionThe Meadows Of Palmer Ph 5 Sec 1
Land UseResidential
Legal DescriptionLOT 2 BLK L THE MEADOWS OF PALMER PH 5 SEC 1 0.181 AC
Census Tract060105
Assessed Land Value$45,000
Assessed Improvement Value$315,162
Assessment Year2025

About this property

Hello there… I’m 220 Poinsetta Drive, and I’ve been waiting for you. Let me introduce myself properly. I’m a charming, nearly-new (built in 2022) Texas sweetheart nestled in the Meadows of Palmer, and I’m on the hunt for my next family to love, protect, and make memories with. From the moment you pull into my driveway, I show off my board-and-batten, brick, and stone outfit—classic, confident, and always in style. Step inside and you’ll quickly notice I’m a one-story, wide-open kind of home. I don’t believe in walls getting in the way of laughter, conversation, or snack runs during movie night. I offer three cozy bedrooms and two bright bathrooms, including a peaceful primary suite with dual sinks, a garden tub, a separate shower, and a walk-in closet designed to keep mornings calm and organized. My open-concept kitchen was made for gathering, featuring granite countertops, a spacious island, pantry storage, and an eat-in dining area perfect for everyday living. I even have a mud bench and utility room, because real life happens and I’m built to handle it. Step out back and you’ll find my favorite feature—a private in-ground gunite pool. It’s ideal for cooling off on hot Texas afternoons or hosting weekend get-togethers. I sit on a just-right-sized lot with a full wood fence, covered patio, and no HOA. Located in Palmer ISD with a two-car garage, I’m move-in ready and eager to begin my next chapter. Come meet me at 220 Poinsetta Drive in Palmer. I think we will be a match!

Investor Tools

Property Icon
$360,162
Estimated Property Value
$0Estimated Mortgage Balance
$88,556Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,161 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Francine DeLongchamp

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,610
$360,162
2025
$45,000
$315,162
$360,162
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,610
$360,162

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$293,584
Yes
First
Jun 15, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,606
$88,556
24%
75%
$1,761/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,761/mo
+$259/mo
6.7%

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.

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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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220 Poinsetta Drive | Property Details | No Agent List