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$1,550,000

3 Palmetto Court, Trophy Club, TX, 76262

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$335.86 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen
Lot Size25,269 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR71954
Lot Number11
SubdivisionTrophy Club # 1
Land UseResidential
Legal DescriptionTROPHY CLUB # 1 LOT 11
Census Tract020305
Assessed Land Value$274,428
Assessed Improvement Value$742,002
Assessment Year2025

About this property

Live the golf course lifestyle in this stunning single-story home perfectly positioned on Hogan's #13 fairway, and sits on a quiet cul-de-sac. Fully renovated in 2019, this home blends modern design, thoughtful functionality, and incredible indoor-outdoor living. The reimagined floor plan offers exceptional flexibility with four secondary bedrooms paired with two full baths and a central media room—ideal for family or guests. A sixth bedroom with a custom Murphy bed currently serves as a stylish home office, with a full bath. The private primary suite addition is a true retreat, featuring a spa-inspired bathroom with sleek modern finishes and a sauna. Relax in your own sitting area with a fireplace and coffee bar while enjoying peaceful views of the resort-style backyard. Step outside and experience an entertainer’s dream. The expansive outdoor living space includes a covered lounge with two wall-mounted TVs, a full outdoor kitchen with grill and bar seating, a modern pool and spa, firepit, and even a putting green. Low-maintenance turf covers the upper level, while a sleek retaining wall leads down to a grassy lower yard. Inside, soaring ceilings with a dramatic center beam and walls of windows flood the main living area with natural light and showcase the breathtaking views. The living room features a striking wood accent wall and floating console, while the chef’s kitchen is anchored by a massive quartzite island perfect for cooking and gathering. The side entry optimizes function with an oversized drop zone, extra refrigerator, full utility room, additional storage, and easy garage access. The 2.5-car garage even includes a dedicated bay for your golf cart. Perks: newer roof and mechanicals, whole house filtration and softener, extra insulation. All tvs, Sonos speakers, two refrigerators and the washer and dryer come with the home. This is the perfect blend of old side charm and character, new form and function and incredible prime golf course lot location.

Investor Tools

Property Icon
$1,575,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,124,330Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,450 /month
Positive
Cash Flow Estimate:
$3,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,097
$955,969
2025
$274,428
$742,002
$1,016,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,097
$955,969

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$510,400
No
First
May 19, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,670
$1,124,330
71%
29%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,760/mo
$3,061/mo
$-301/mo
2.1%

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: Trophy Club

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3 Palmetto Court | Property Details | No Agent List