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$535,000

NAL Estimated Property Value

278 Palisades Drive, Gordonville, TX, 76245

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,429 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.8 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size13,678 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN015 7932001
Lot Number18R
SubdivisionPalisades Addition Phase Ii Replat Lt 18
Land UseResidential
Legal DescriptionPALISADES ADDITION PHASE II REPLAT LT 18 & 19 BLK A, BLOCK A, LOT 18R, ACRES 0.314
Census Tract000304
Assessed Land Value$43,940
Assessed Improvement Value$379,000
Assessment Year2025

About this property

Gorgeous 2-story home on large lot with an excellent drive-up appeal. Enjoy resort living at its best with all the luxurious amenities at the well known Rock Creek Resort on Lake Texoma featuring the Jack Nicklaus Designed Golf Course, Clubhouse, Pro Shop, pool, marina, Ship Store which offers many outside entertainment options! Spa & Fitness Center opening in 2018. Featuring an open, spacious floor plan, kitchen with granite counter tops, large island with bar seating, walk-in pantry, Stainless Steel Appliances, Stone Fireplace. Master bedroom on 1st floor. Enjoy the outdoor covered patio grilling with friends or just relax!!

Investor Tools

Property Icon
$535,000
Estimated Property Value
$0Estimated Mortgage Balance
$535,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,020
$422,940
2025
$43,940
$379,000
$422,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,020
$422,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$535,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Gordonville

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278 Palisades Drive | Property Details | No Agent List