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$641,000

NAL Estimated Property Value

350 An County Road 2147, Palestine, TX, 75801

SoldInfo
8/17/26
Beds3 Beds
Baths2 Bath
Baths4,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.03 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size120.85 acres

Building Information

Year Built1971
Garage Spaces2

Land Information

APN15002
SubdivisionJames Madden
Land UseResidential
Legal DescriptionA0039 MADDEN, JAMES BLOCK 1168 TRACT 1A, 2B, 3, 4, BLOCK 1677 TRACT 11
Census Tract950901
Assessment Year2025

About this property

Country Estate on 45 Acres w/Pond, Pines & Endless Possibilities! Property features a recently planted 6-acre pine tree barrier at back, offering privacy & natural beauty w/a large pond to the left. Inside, the home showcases elegant details like crown molding, 3 sets of French doors, plus two Pella exterior door leading out of a bright sunroom/second living area at the rear. The layout includes a formal living & dining room at front (possible 4thBR), an open galley kitchen equipped w/a portable island, lazy Susan, bread box & convenient slide-out drawers. Guest BRs share a bath & there is a cedar-lined safe room w/coded access. Outside has a separate apartment featuring a mini-split system (2026), stylish diagonal tile flooring, washer/dryer hookups & 2 exits perfect for guests, a home business or gatherings. Additional highlights include: Gated brick & steel entry, Concrete driveway,2 car attached garage, a hard-packed road leading to the back of the property, scattered tree coverage w/mostly cleared land.2 water wells (both 475 ft deep; second well near pond with 4-inch casing).Timber exemption already in place, abundant water & usable land… This one truly has it all!

Investor Tools

Property Icon
$641,000
Estimated Property Value
$0Estimated Mortgage Balance
$641,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,882 /month
Positive
Cash Flow Estimate:
$1,294 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,430
$373,749
2025
N/A
N/A
$1,092,744
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,430
$373,749

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$406,000
100%
0%
$0/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.

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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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350 An County Road 2147 | Property Details | No Agent List