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$82,433

500 S Dallas St, Palmer, TX, 75152

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths800 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size5,750 sqft

Building Information

Year Built1960
Stories1

Land Information

APN65.2001.002.007.00.110
SubdivisionO T Palmer-Rev
Land UseCommercial
Legal Description7 2 O T PALMER 0.132 ACRES
Census Tract060105
Assessed Land Value$54,205
Assessed Improvement Value$28,228
Assessment Year2025

About this property

Corner lot with a two stall car wash with a change machine and vacuum. A great location on one of the main streets. This lot is on the corner of Dallas Street and Waco Street in Palmer.

Investor Tools

Property Icon
$82,433
Estimated Property Value
$0Estimated Mortgage Balance
$82,433Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$495 /month
Positive
Cash Flow Estimate:
$165 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,717
$82,433
2025
$54,205
$28,228
$82,433
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,717
$82,433

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$82,433
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: Palmer

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