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$284,818

302 E Neches St, Palestine, TX, 75801

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.84 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Refrigerator
FlooringLaminate, Wood

Exterior

Lot Size9,932 sqft

Building Information

Year Built2005

Land Information

APN32886
SubdivisionMicheaux Park
Land UseResidential
Legal DescriptionMICHEAUX PARK BLOCK D LOT 4B, 5B & 6B
Census Tract950800
Assessed Land Value$7,945
Assessed Improvement Value$276,873
Assessment Year2025

About this property

Originally Built in the early 1900's, this Beautiful Move in Ready Completely Remodeled 3 bed 3 bath home, sitting just 2 blocks from Reagan Park, gives you so much space for large family gathering with 2 living areas, 2 Wood Burning fireplaces, 20ft ceilings in living area and Master bedroom. New Roof, New Ac Heating units, new floors, walls, roof structure, and remodeled kitchen and all bathes, You won't be disappointed by the bonus room and extra large laundry room. Covered carport with entry into the den kitchen area.

Investor Tools

Property Icon
$284,818
Estimated Property Value
$150,000Estimated Mortgage Balance
$128,721Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,506
$284,818
2025
$7,945
$276,873
$284,818
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,506
$284,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Building Or Construction Loan
$150,000
No
First
May 5, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,097
$128,721
45%
55%
$1,008/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: Palestine

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302 E Neches St | Property Details | No Agent List