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Days302Days on Market
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$1,850,000

4751 Parker Hill Rd, Palmer, TX, 75152

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$494.39 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Barbecue
Lot Size4 acres

Building Information

Year Built1978
Stories2
Garage Spaces3

Land Information

APN99.0003.904.015.99.110
SubdivisionR-Pena
Land UseResidential
Legal Description3 15 Q-D R PENA 4 ACRES
Census Tract061700
Assessed Land Value$12,368
Assessed Improvement Value$482,086
Assessment Year2025

About this property

A large family home at the top of a towering hilltop, strategically positioned for privacy and breathtaking views on an 88 acre ranch. The home features three bedrooms, three and a half bathrooms, a garage, mudroom, study and a pool. The ranch offers excellent hilltop views, stock ponds, an equipment barn, the family residence, a creek and over 80 acres of manicured pasture. This is a stunning property that offers the Texas ranch life with views for miles and close proximity to DFW. The entire property is 88.46± acres with approximately 3,600 feet of road frontage. Water and electricity are installed on-site. The home needs some updates, and the seller is open to offers. Come visit this stunning family ranch with convenient access to Interstate 45 today!

Investor Tools

$0Estimated Mortgage Balance
$630,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,100 /month
Positive
Cash Flow Estimate:
$3,700 /month

Interested in this property?

Tim Cummings

Tero Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,563
$494,454
2025
$12,368
$482,086
$530,086
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,563
$494,454

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$630,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,630/mo
N/A
+$2,630/mo
5.0%

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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4751 Parker Hill Rd | Property Details | No Agent List