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$239,500

706 E Palestine St, Mexia, TX, 76667

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths1,435 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.9 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop

Building Information

Year Built1954

Land Information

APNR18110
Land UseResidential
Legal DescriptionDIVISION F MEXIA, BLOCK 001, (62X125')
Census Tract970500
Assessed Land Value$6,050
Assessed Improvement Value$207,800
Assessment Year2024

About this property

Beautifully remodeled 2 bedroom, 2 bath home. Welcome Home! This completely remodeled home offers a fresh updated interior with plenty of features designed for comfortable living. The home features new flooring throughout, a beautiful kitchen with granite countertops, a large island with ample storage and a double oven--perfect for everyday cooking or entertaining. Outside, enjoy a fenced backyard with a large deck, creating a great space for relaxing, entertaining or enjoying the outdoors. The property also includes a carport and a separate storage building for added convenience. Additional features include new paint on outside of house and central heat and air for year round comfort. A move-in-ready home with great indoor and outdoor spaces---come take a look!

Investor Tools

$0Estimated Mortgage Balance
$213,850Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,437 /month
Positive
Cash Flow Estimate:
$479 /month

Interested in this property?

Robert Forrest

Forrest Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,831
$213,850
2024
$6,050
$207,800
$213,850
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,831
$213,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,850
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.

Explore Texas Explore This Area
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: Mexia

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706 E Palestine St | Property Details | No Agent List