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$336,000

251 Poinsetta Dr, Palmer, TX, 75152

$352,792 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,797 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.33 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Lot Size8,059 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65.6690.911.010.00.110
Lot Number10
SubdivisionThe Meadows Of Palmer Ph 5 Sec 1
Land UseResidential
Legal DescriptionLOT 10 BLK K THE MEADOWS OF PALMER PH 5 SEC 1 0.185 AC
Census Tract060105
Assessed Land Value$45,000
Assessed Improvement Value$278,732
Assessment Year2025

About this property

Move-In Ready home by Bridge Homes offers easy access to Hwy I-45 for a quick 30-minute commute to Dallas. This 3-bed home includes an office with ample natural light. Enjoy an open-concept living space, High efficiency tankless electric water heater, Full Foam Encapsulation Energy Star Certified Homes, and energy-efficient design with Spray Foam Insulation. Experience comfort and security with smart home technology. The kitchen features quartz countertops, shaker-style cabinets, and opens to the dining and living area. The primary suite boasts a luxurious bathroom with a Free-Standing Tub, Spacious Walk-in Shower with Frame-less Shower Glass, dual sinks, and a walk-in closet. GE appliance package includes Microwave, Oven, Dishwasher, Washer, and Dryer for added convenience. 4 other homes available from the builder.

Investor Tools

Property Icon
$336,000
Estimated Property Value
$309,825Estimated Mortgage Balance
$36,347Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$352,791
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,441
$323,732
2025
$45,000
$278,732
$323,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,441
$323,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Va
$309,825
Yes
First
Jul 30, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,653
$36,347
10%
89%
$1,858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
$1,858/mo
+$772/mo
9.4%

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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251 Poinsetta Dr | Property Details | No Agent List