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$565,000

2461 Neck Rd, Palmer, TX, 75152

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,369 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.57 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size1.03 acres

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.5955.901.002.00.110
Lot Number2
SubdivisionLittle Acres Addn
Land UseResidential
Legal DescriptionLOT 2 BLK A LITTLE ACRES ADDN 1.026 AC
Census Tract060105
Assessed Land Value$120,000
Assessed Improvement Value$416,590
Assessment Year2025

About this property

Pre-appraised! Stunning home has so much space with all the bells and whistles on 1 acre lot with shop. Backyard is an entertainers dream with a wood-framed structure that is perfect for a firepit sitting area. Everyone is sure to enjoy the amazing views of this sparkling blue pool. Spacious home with 4 bedrooms, office and an additional flex space to fit your family needs. Two bedrooms on the 1st level and 2 additional bedrooms upstairs. A dedicated office space upstairs as well that could possibly be used as a 5th bedroom for larger families. As you breach the top of stairs you are met with a good-sized flex space to suit your family needs. Kitchen has an open concept with luxurious design elements to include fresh color scheme and light counters. The living room has an abundance of natural light and a cozy fireplace for those cool nights. This home is situated in a neighborhood with other homes on large lots. You get a small town feel with only a short drive of approx. 20 min to Dallas. Propane tank on property is leased. All information is deemed to be accurate and true but buyer and buyer's agent to verify all information. ***Call agent for showing appts***

Investor Tools

Property Icon
$565,000
Estimated Property Value
$582,152Estimated Mortgage Balance
$0Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,419 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,715
$536,590
2025
$120,000
$416,590
$536,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,715
$536,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Va
$582,152
Yes
First
Jun 10, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$572,771
N/A
0%
101%
$3,491/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$3,491/mo
$-861/mo
5.6%

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: Palmer

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2461 Neck Rd | Property Details | No Agent List