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$240,000

520 Palo Duro Dr, Joshua, TX, 76058

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.94 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Vinyl

Building Information

Year Built1978

Land Information

APN126.3547.00300
Lot Number6
Land UseResidential
Legal DescriptionLOT 6 BLK 4 SIERRA PLAZA ADDN
Census Tract130210
Assessed Land Value$25,000
Assessed Improvement Value$125,129
Assessment Year2025

About this property

Welcome to 520 Palo Duro Drive, a thoughtfully updated home that brings comfort, space, and practical enhancements together in a well-designed layout. Offering 1,404 square feet of living space and built in 1978, this home sits on a generous 0.27-acre corner lot positioned at the end of the road, creating a setting with minimal traffic, added privacy, and a sense of retreat. The upgraded AC system provides improved efficiency and year-round comfort, while the updated kitchen features refreshed finishes, modern touches, and an intuitive flow that supports both everyday routines and casual entertaining. Inside, a converted garage adds valuable flexibility, now offering a combined bedroom and office space ideal for work, creative pursuits, or other functional uses. The property still includes usable garage space, giving room for storage, tools, seasonal items, or equipment. The main living areas offer a comfortable layout with a natural connection between the kitchen, dining, and living spaces, allowing for an easy, open feel. The backyard is one of the home’s most notable highlights. Larger than many in the area, it provides room for outdoor gatherings, play areas, gardening projects, or simply enjoying open green space. A privacy fence surrounds the yard and includes vehicle-access capability, adding convenience for trailers, equipment, or additional parking needs. According to the seller, the location is a favorite aspect—just two blocks from a nearby elementary school and set on a quiet street with very little passing traffic. Located within Joshua ISD, this property blends convenience, thoughtful updates, and spacious outdoor living into a single inviting package. Whether appreciating the quiet corner-lot setting, the upgraded systems, or the expanded interior flexibility, 520 Palo Duro Drive offers a welcoming environment ready to complement a wide range of needs.Bundled service pricing available for buyers. Connect with the listing agent for details.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$243,434Estimated Mortgage Balance
$0Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,257
$150,129
2025
$25,000
$125,129
$150,129
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,257
$150,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Inc
Unknown
$243,434
No
First
Jan 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,024
N/A
0%
101%
$1,460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,460/mo
+$467/mo
9.7%

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: Joshua

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520 Palo Duro Dr | Property Details | No Agent List