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$289,000

2414 Neck Road, Palmer, TX, 75152

$375,700 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.62 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size2 acres

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces4

Land Information

APN99.0003.905.041.00.110
SubdivisionR-Pena
Land UseResidential
Legal Description3 R PENA Q-E 2 ACRES
Census Tract060105
Assessed Land Value$160,000
Assessed Improvement Value$329,501
Assessment Year2025

About this property

What if they're wrong, and you really can have it all? Once you see this welcoming retreat less than 30 miles from downtown Dallas, you'll know. This lovely 5-bedroom, one story home on two acres is a dream come true with everything you need to shake off the daily grind: a sparkling oasis with a view, newly updated granite and stainless steel galley kitchen, and updated flooring, paint and carpet throughout. Come home to Palmer because you deserve a vacation every day.

Investor Tools

Property Icon
$536,000
Estimated Property Value
$0Estimated Mortgage Balance
$90,851Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$375,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,216 /month
Positive
Cash Flow Estimate:
$1,072 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,372
$489,501
2025
$160,000
$329,501
$489,501
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,372
$489,501

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Supreme Lending
Unknown
$12,452
No
First
Nov 26, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,149
$90,851
16%
83%
$3,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$3,063/mo
$-1,043/mo
4.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Palmer

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2414 Neck Road | Property Details | No Agent List