$230,000
604 Head Street, Palestine, TX, 75801
On Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave
Exterior
Lot Size6,795 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APN65891
Lot Number2R
SubdivisionSummers & Johnson Addition
Land UseResidential
Legal DescriptionSUMMERS & JOHNSON ADDITION #1 BLOCK 1 LOT 2R
Census Tract950500
Assessed Land Value$4,077
Assessed Improvement Value$225,144
Assessment Year2025
About this property
2021 3 bedroom, 2 bath home in a quiet neighborhood. Open concept with eat-in kitchen, granite counters, and kitchen island. Perfect for entertaining. Privacy fence being installed. Just minutes from downtown Palestine and 2 hours or less from DFW.
Investor Tools
$186,217Estimated Mortgage Balance
$43,004Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,022
$229,221
2025
$4,077
$225,144
$229,221
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,022
$229,221
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Fha
$201,286
Yes
First
May 17, 2022
Jun 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,217
$43,004
18%
81%
$1,207/mo
