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$192,800

NAL Estimated Property Value

407 Rorem Ave, Palacios, TX, 77465

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,570 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.46 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesMicrowave, Gas Range
FlooringCarpet, Vinyl

Exterior

Lot Size11,238 sqft

Building Information

Year Built1954

Land Information

APN42256
Land UseResidential
Legal DescriptionPALACIOS ORIGINAL TOWNSITE, BLOCK 41, LOT 14-E/2 & ALL LOT 15
Census Tract730600
Assessed Land Value$26,860
Assessed Improvement Value$165,940
Assessment Year2025

About this property

This rare find in popular Palacios features 3 bedrooms, 2 baths, and a nice foyer as you enter. The split bedroom plan affords privacy. There is an oversized utility room with so much storage and washer/dryer connections. The kitchen has a breakfast space and a door to the outside. There is a large covered patio and backyard. You will also enjoy the carport, where there is parking for two vehicles. There is central air and heat for your comfort. It is well located and ready to move into.

Investor Tools

Property Icon
$192,800
Estimated Property Value
$0Estimated Mortgage Balance
$192,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,157 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$614
$192,800
2025
$26,860
$165,940
$192,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$614
$192,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,800
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: Palacios

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407 Rorem Ave | Property Details | No Agent List