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B+
NoAgentList RatingHow are grades calculated? Info

$291,000

436 Green Acres Dr, Palmer, TX, 75152

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.72 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesPlayground
Lot Size33,171 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces1

Land Information

APN65.4401.000.011.00.110
Lot Number11
SubdivisionGreenway Ests
Land UseResidential
Legal DescriptionLOT 11 GREENWAY ESTS .7615 AC
Census Tract060105
Assessed Land Value$85,000
Assessed Improvement Value$184,500
Assessment Year2025

About this property

Cozy home in the small town of Palmer. It sits on .7615 AC. Includes a 16x12 workshop with electricity, and a large covered patio at the rear where you can enjoy the sunsets every night. It expands the rear of the home, and is completely covered. A french drain has been installed. The garage is being used for storage, it easily can be converted to a bedroom, as it was previously. Includes a closet, window, and HVAC system. New windows installed at the rear of the home. New roof and gutters installed in December 2022. New siding in October 2020. Security system is owned and will convey with the property. This cute home includes an eat-in kitchen, utility room, and a large primary bedroom with an ensuite. The refrigerator and playground equipment will convey with the home. There are solar panels that will be paid off by the seller at closing. These were installed last year. Enjoy the feeling of a small town, with easy access to Dallas, Waxahachie, and Ennis.

Investor Tools

Property Icon
$291,000
Estimated Property Value
$276,892Estimated Mortgage Balance
$24,059Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,006
$269,500
2025
$85,000
$184,500
$269,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,006
$269,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homespire Mortgage Corp
Fha
$276,892
Yes
First
May 31, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,941
$24,059
8%
92%
$1,661/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,661/mo
+$359/mo
8.3%

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: Palmer

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436 Green Acres Dr | Property Details | No Agent List