Last 24 Hours
$192,800
NAL Estimated Property Value407 Rorem Ave, Palacios, TX, 77465
Off Market
3 Beds
2 Bath
1,570 Sq Ft
Single Family Residence
$111.46 / sqft
Built in 1954Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2AppliancesMicrowave, 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
$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
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
12.4%