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$360,000

2601 Palmetto Drive, Temple, TX, 76502

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,357 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$152.74 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Range, Some Electric Appliances, Built In Oven
FlooringCarpet Free, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPatio, Private Yard
Lot Size16,801 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN127017
Lot Number9,10
SubdivisionForest Hills 1st Ext
Land UseResidential
Legal DescriptionFOREST HILLS 1ST EXT, BLOCK 002, LOT 10, PT 9, (E 55' 6 OF 9) (E 55' 6 OF 9)
Census Tract021302
Assessed Land Value$28,000
Assessed Improvement Value$386,804
Assessment Year2025

About this property

Lovingly maintained by the same family for almost 50 years, this 4-bedroom, 3-bathroom home is ready for new owners. It is located in a well-established neighborhood with mature oak trees that offer plenty of shade from the Texas heat. Situated on a large corner lot the property features a screened-in patio, gazebo and a detached shop. The star of the show is a sparkling inground pool installed in 2009. The detached shop is constructed of metal siding and has a half bathroom. This makes ideal to convert into a pool house, home gym, or have additional storage. Inside, you’ll find 4 spacious bedrooms with large closets, built-in storage throughout, and a functional Jack-and-Jill bedroom layout. While the kitchen has been updated with new countertops, the rest of home has kept its original charm with wooden beams and no carpet. New windows and a roof replaced in 2024 provide added value and peace of mind. Conveniently located near churches, dining, shopping, and everyday amenities, this home also offers easy interstate access for commuting to Killeen/Fort Hood, Waco, or Austin. This property combines space, storage, and outdoor living in a prime established neighborhood setting. Come see it today!

Investor Tools

$0Estimated Mortgage Balance
$403,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

Interested in this property?

Jodi Brazeal

Magnolia Realty Temple Belton

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,989
$361,161
2025
$28,000
$386,804
$414,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,989
$361,161

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$403,000
100%
0%
$0/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.

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: Temple

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2601 Palmetto Drive | Property Details | No Agent List