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$409,000

NAL Estimated Property Value

6518 Palo Duro Dr, Manvel, TX, 77578

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,125 Sq Ft
price_per_sqft$162.35 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet

Exterior

Lot Size9,601 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces4

Land Information

APN6033-2002-004
Lot Number4
SubdivisionLakeland Sd Sec 2
Land UseResidential
Legal DescriptionLAKELAND SD SEC 2 (A0283/A0483 HT&BRR) (MANVEL) BLK 2 LOT 4
Census Tract660708
Assessed Land Value$73,920
Assessed Improvement Value$291,360
Assessment Year2025

About this property

Nestled in Lakeland Subdivision, this single-story haven boasts of charm and practical design. As you step inside, plush carpeting creates a welcoming feel throughout the open living spaces. The living area, has natural light, offers a comfortable retreat with a fireplace, a perfect spot for relaxation and gatherings. The adjacent kitchen features modern amenities and a breakfast nook flooded with sunlight. Four bedrooms, each uniquely inviting, provide ample space for comfort and privacy. The primary bedroom offers a tranquil escape, complete with an en-suite bathroom. Above the garage, a versatile game room provides additional space for entertainment or relaxation. Outside, a serene backyard oasis with a patio space invites outdoor leisure and is great for gathering. Conveniently located within a peaceful community, this home offers comfort and accessibility to nearby amenities, schools, and shopping centers—an ideal blend of classic charm and modern comfort for everyday living.

Investor Tools

Property Icon
$409,000
Estimated Property Value
$306,983Estimated Mortgage Balance
$102,017Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
$517/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,400
$365,280
2025
$73,920
$291,360
$365,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,400
$365,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$320,512
Yes
First
Jan 25, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,983
$69,017
18%
75%
$1,922/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: Manvel

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6518 Palo Duro Dr | Property Details | No Agent List