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$83,000

NAL Estimated Property Value

502 Palmer St, Bangs, TX, 76823

$96,745 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$47.68 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesNone
FlooringCombination

Exterior

Lot Size34,064 sqft

Land Information

APN12261
SubdivisionSamuel Bangs Survey 108 Abstract
Land UseResidential
Legal DescriptionSAMUEL BANGS, SURVEY 108, ABSTRACT 59, ACRES .782
Census Tract950500
Assessed Land Value$8,520
Assessed Improvement Value$69,720
Assessment Year2025

About this property

This 3-bedroom fixer-upper sits on over three-fourths of an acre. This 3 bedroom 2 bath home needs work to bring it back to life including painting, flooring, and exterior siding. The rooms are a good size and there is an extra office or flex room. The area is tranquil and the lot is awesome. This is a great buy for the savvy buyer who is handy. Vacant and easy to show.

Investor Tools

Property Icon
$83,000
Estimated Property Value
$95,606Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$96,745
Rent-to-Value Ratio: 0.72%
Rent Estimate
$498 /month
Positive
Cash Flow Estimate:
$166 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,440
$78,240
2025
$8,520
$69,720
$78,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,440
$78,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Resources Inc
Usda
$97,171
Yes
First
Jun 9, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,606
N/A
0%
115%
$583/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: Bangs

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502 Palmer St | Property Details | No Agent List