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$431,555

2364 An County Road 404, Palestine, TX, 75803

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,553 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.29 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
AppliancesElectric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5.26 acres

Building Information

Year Built1979
Garage Spaces2

Land Information

APN21294
SubdivisionHallum Original Survey
Land UseResidential
Legal DescriptionA0286 FARIS, DANIEL BLOCK 1296 TRACT 4 & 4B
Census Tract950902
Assessed Land Value$56,665
Assessed Improvement Value$374,890
Assessment Year2025

About this property

Calling all horse lovers! This lovely custom 4BD/2.5BA two-story brick & hardy sided home sits far back from the road nestled on 5.266 acres with breathtaking views of the East Texas Countryside. Kitchen features an abundance of cabinets, granite counters and a breakfast nook. Formal dining room! Living room has an expansive brick fireplace and built-in bar. Wood look tile downstairs and recessed lighting throughout. Updated bathrooms! All of the bedrooms are upstairs with large landing area. Great outdoor space with circle driveway and an extended deck perfect for entertaining. The land is fenced and ready for your horses or cattle. Don't Miss this horse lovers dream!

Investor Tools

Property Icon
$431,555
Estimated Property Value
$402,000Estimated Mortgage Balance
$53,635Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,589 /month
Positive
Cash Flow Estimate:
$863 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,364
$431,555
2025
$56,665
$374,890
$431,555
No

Tax History

Year
Tax Paid
Assessed Value
2022
$5,364
$431,555

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Denton County Mortgage Svcs Inc
Va
$402,000
Yes
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,920
$53,635
12%
88%
$2,411/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: Palestine

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2364 An County Road 404 | Property Details | No Agent List