$88,000
NAL Estimated Property Value30 Eel Court, Palacios, TX, 77465
Recently Sold
8/27/26
Property Lead Type:
Absentee OwnerHigh Equity
About this property
Well maintained 40x25 workshop with full bath and 43x14 covered RV pad. Sewer hard piped in! 30 amp service. Washer/dryer hookups! Shop can be converted to a Barn dominium- electricity and plumbing already run to shop! This community offers a boat ramp, pool, lighted fishing pier, cleaning station! Trading post and restaurant nearby! Bring your boat & toys and ENJOY life for ONCE and for all! Palacios is the shrimp capital of TEXAS...so bring your appetite too!
Investor Tools
$88,000
Estimated Property Value
$23,297Estimated Mortgage Balance
$64,703Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$540 /month
Positive
Cash Flow Estimate:
$180 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
$180/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$805
$49,760
2025
$20,500
$29,260
$49,760
No
Tax History
Year
Tax Paid
Assessed Value
2025
$805
$49,760
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stephen Adams
Seller Carryback / Seller Financing / Seller Take-Back
$25,000
No
First
Sep 29, 2022
Oct 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,297
$64,703
73%
26%
$150/mo
