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$273,000

441 Bluebonnet, Palmer, TX, 75152

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.38 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet

Exterior

Lot Size21,432 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces3

Land Information

APN65.2580.000.002.00.110
SubdivisionBluebonnet Addn
Land UseResidential
Legal DescriptionLOT TR 2 BLUEBONNET ADDN 0.492 AC
Census Tract060105
Assessed Land Value$65,000
Assessed Improvement Value$193,614
Assessment Year2025

About this property

This almost 1600 sq. ft. home is a great place to call home. It provides all the shade you need with a 32'x32' carport that connects to a covered wrap around porch. This 3 bed 2 bath home has new carpet and vinyl plank. The living, dining room, and kitchen all connect and flow together masterfully. The master bathroom provides an oversized tub, and a separate shower. While the home is great, the main attraction of this property is the shop in the back that has a concrete driveway all the way to it. Not only does the shop have an RV spot with 220 hookups already there (20' wide by 36' deep), a personal storage unit (8'x12.5' with a 6x7 roll up door), but it boasts a main area of the two story shop that is 30'x36' with two 10'x10' roll up doors. Palmer has great schools, a wonderful growing community with a small town feel, and now a great piece of property to call home.

Investor Tools

Property Icon
$273,000
Estimated Property Value
$0Estimated Mortgage Balance
$273,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,355
$258,614
2025
$65,000
$193,614
$258,614
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,355
$258,614

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$273,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
N/A
+$2,020/mo
8.9%

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: Palmer

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441 Bluebonnet | Property Details | No Agent List