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$359,000

NAL Estimated Property Value

228 W Palm St, Bellville, TX, 77418

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,911 Sq Ft
price_per_sqft$180.53 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size25,570 sqft

Building Information

Year Built1961
Garage Spaces2

Land Information

APN8312
SubdivisionJ Nichols
Land UseResidential
Legal DescriptionA073 J NICHOLS
Census Tract760501
Assessed Land Value$31,863
Assessed Improvement Value$174,896
Assessment Year2025

About this property

This delightful 3-bedroom 2-bath is situated on a beautiful half acre lot and within walking distance to Bellville library and downtown square with shopping and restaurants. Spacious living room opens to the dining with natural lighting and views in back. Inviting kitchen features brand new GE stainless steel convection oven, GE stainless steel refrigerator and GE stainless steel dishwasher. Home also features energy efficient Andersen windows. The primary bedroom is very roomy with space to read are for your exercise equipment. Interior is delightful, comfortable and peaceful throughout. There is an extra room/workshop with separate back access and a nice 12' x 16'second workshop on slab with electricity. The cute backyard features an expansive brick patio, grand century old oak tree and attractive landscaping; perfect for entertaining and relaxing. Home is located in a great neighborhood and truly special.

Investor Tools

Property Icon
$359,000
Estimated Property Value
$332,278Estimated Mortgage Balance
$26,722Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,405
$182,310
2025
$31,863
$174,896
$206,759
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,405
$182,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$338,751
Yes
First
Apr 1, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,278
$70,722
17%
93%
$2,031/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.

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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: Bellville

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228 W Palm St | Property Details | No Agent List