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$191,000

NAL Estimated Property Value

2409 Palato Dr, Marshall, TX, 75672

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.64 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Gas Water Heater
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size14,985 sqft

Building Information

Year Built1971
Stories1

Land Information

APN04725.00180.00000.000000
Lot Number3
SubdivisionPinehaven
Land UseResidential
Legal DescriptionACRES: 0.344 LOT: 3 BLK: 3 SUBD: PINEHAVEN HSE
Census Tract020502
Assessed Land Value$6,750
Assessed Improvement Value$142,490
Assessment Year2025

About this property

Welcome to 2409 Palato Drive, a solid 3-bedroom, 2-bathroom home offering 1,544 square feet of living space on a 0.34-acre lot. This property features a spacious bonus room at the front, ideal for a family room or home office. An enclosed room at the back provides a perfect space for hobbies or remote work. The covered, enclosed back porch overlooks a large, fenced yard with an above-ground pool that can be prepared for swimming or removed based on your preference. Backing up to a vast open field, the home is situated on a quiet street with limited traffic, offering a peaceful living environment. Conveniently located near Highway 43 South and I-20, this property combines tranquility with accessibility. With great potential for personalization, this home offers a wonderful opportunity to make it your own.

Investor Tools

Property Icon
$191,000
Estimated Property Value
$170,994Estimated Mortgage Balance
$20,006Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,884
$149,240
2025
$6,750
$142,490
$149,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,884
$149,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Fha
$173,794
Yes
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,994
$20,006
10%
90%
$1,042/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: Marshall

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2409 Palato Dr | Property Details | No Agent List