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$928,000

323 E Palm Street, Fresno, TX, 77545

$1,206,400 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths5,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.29 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size4.89 acres

Building Information

Year Built2012
Garage Spaces9

Land Information

APN4600-00-624-0000-907
SubdivisionMagnolia Place
Land UseResidential
Legal DescriptionMAGNOLIA PLACE, BLOCK 624 (PT), ACRES 4.893, (SOUTH OF MUSTANG BAYOU)
Census Tract670801
Assessed Land Value$346,037
Assessed Improvement Value$660,801
Assessment Year2025

About this property

Stretching across more than four acres of private, sprawling grounds within the Magnolia Place neighborhood, this property features a beautifully reimagined 2½-story residence that perfectly fuses country serenity with modern refinement. The heart of this home showcases a fully updated kitchen, clad in sleek countertops, premium finishes, and custom cabinetry. An expansive first-floor footprint hosts dual living areas, an adaptable bonus room, and three spacious bedrooms. The entire second level is dedicated to a luxurious primary suite complete with a spa-inspired en suite bathroom, seamlessly connecting to a versatile loft area that climbs to a third-floor balcony with sweeping views of the surrounding landscape. Outside, two independent additional buildings unlock exceptional possibilities for a workshop, studio, or private retreat. Offering unparalleled versatility, this property delivers a sophisticated rural lifestyle with endless space to scale your vision.

Investor Tools

$241,260Estimated Mortgage Balance
$710,405Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,206,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,710 /month
Positive
Cash Flow Estimate:
$1,903 /month

Interested in this property?

Tikila Adolph

Keller Williams Signature

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,245
$951,665
2025
$346,037
$660,801
$1,006,838
No

Tax History

Year
Tax Paid
Assessed Value
2025
$22,245
$951,665

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cit Group-Consumer Finance Inc
Unknown
$206,000
No
First
Jun 30, 2006
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,260
$710,405
74%
25%
$2,312/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: Fresno

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323 E Palm Street | Property Details | No Agent List