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$333,004

NAL Estimated Property Value

237 Palmer Dr, Portland, TX, 78374

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,860 Sq Ft
price_per_sqft$174.73 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Dryer
FlooringTile, Vinyl

Exterior

Exterior FeaturesGarden
Lot Size6,882 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APN1098-1003-0003-000
Lot Number3
SubdivisionNorthshore Unit 6b
Land UseResidential
Legal DescriptionNORTHSHORE UNIT 6B BLK 2 LT 3
Census Tract010603
Assessed Land Value$69,000
Assessed Improvement Value$264,004
Assessment Year2025

About this property

A handsome brick home that has been lovingly maintained with so many upgrades! Located in the coveted Legends of Northshore neighborhood close to EVERYTHING. This well situated home is completely remodeled with impact windows and immaculate interior. Pre-inspected for your convenience with unique architectural tiered ceilings, this four bedroom home boasts an additional room/workshop. Not on tax rolls! The lush lawn & flowerbeds greet you. A soft hue embraces you as you enter. A wood burning fireplace & lighted china cabinet grace the living room. One aspect the current owner enjoyed is the floorplan. Guest bedrooms share a very separate wing from the primary bedroom, evoking privacy. A large country kitchen with breakfast bar, lots of cabinets & counterspace have a view of the covered patio & large yard. The primary retreat boasts a separate tub & shower, walk in closet & double sink. The attic is partially floored for extra storage.

Investor Tools

Property Icon
$333,004
Estimated Property Value
$326,065Estimated Mortgage Balance
$6,939Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
$17/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,983
$333,004
2025
$69,000
$264,004
$333,004
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,983
$333,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$328,932
Yes
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,065
$6,939
2%
98%
$1,973/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: Portland

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237 Palmer Dr | Property Details | No Agent List