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A+
NoAgentList RatingHow are grades calculated? Info
Days21Days on Market
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$257,000

$289,000

706 Inwood Dr, Palestine, TX, 75801

$334,100 ARVInfo
On MarketInfo
Price DropInfo
Beds6 Beds
Baths3 Bath
Baths2,962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.77 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 3Bathrooms 3
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size35,349 sqft

Building Information

Year Built1962
Garage Spaces2

Land Information

APN31284
Lot Number125
SubdivisionInwood Terrace Addition
Land UseResidential
Legal DescriptionINWOOD TERRACE LOT 125 & 126B
Census Tract950800
Assessed Land Value$31,811
Assessed Improvement Value$378,476
Assessment Year2025

About this property

Great opportunity in Palestine! This unique split-level home features a bright kitchen with crisp white cabinetry, modern subway tile, quartz countertops, and a large center island. Step outside to a spacious backyard complete with a covered double carport and a detached storage shed/workshop. Property sold as-is; information provided is by Anderson County Appraisal District.

Investor Tools

Property Icon
$410,287
Estimated Property Value
$375,518Estimated Mortgage Balance
$56,649Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$334,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,462 /month
Positive
Cash Flow Estimate:
$821 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$920/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,990
$410,287
2025
$31,811
$378,476
$410,287
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,990
$410,287

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$375,518
Yes
First
May 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,860
$55,427
13%
86%
$2,252/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: Palestine

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706 Inwood Dr | Property Details | No Agent List