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B+
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Days12Days on Market
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$659,900

$674,900

8460 Fm 322, Palestine, TX, 75801

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.41 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Range, Oven, Disposal, Electric Water Heater

Exterior

Private PoolPrivate Pool
Lot Size30.76 acres

Building Information

Year Built2008

Land Information

APN843513
SubdivisionWilson Ewing Survey Abstract
Land UseResidential
Legal DescriptionA0021 EWING, WILSON BLOCK 1131 TRACT 11A
Census Tract951002
Assessment Year2025

About this property

Escape to the peace & quite of the country while still being close to town amenities. Located in Elkhart school district, this home has lots to offer. This beautiful 4-bedroom 2 bath home offers the perfect blend of comfort & wide-open space. As you enter the home, you'll be welcomed w/ a large open concept area w/ beautiful wood ceilings & wood feature wall. The living area is centered w/ a gorgeous stone wood burning fireplace. The kitchen has granite countertops, breakfast bar & a large pantry w/ tons of shelves. The large main bedroom has a nice main en suite bathroom w/ a walk-in shower & large walk-in closet. Down the hall, you'll find 3 good sized bedrooms & a large laundry room. Sitting on 30 + acres, this spacious home offers large porches that are perfect for relaxing. The backyard oasis is complete w/ a pool, firepit & hot tub that all overlook the beautiful land. The land is completely fenced, has a refurbished pond, plenty of native pastures and even a small riding corral. The property also includes a shop/barn w/ water, electricity and tons of storage. The charming chicken house/coop is an added bonus. Cattle can also be purchased. This is farm life at it's best.

Investor Tools

$189,943Estimated Mortgage Balance
$479,140Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,008 /month
Positive
Cash Flow Estimate:
$1,336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,422
$346,707
2025
N/A
N/A
$557,131
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,422
$346,707

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$208,000
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,943
$242,057
56%
28%
$1,248/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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8460 Fm 322 | Property Details | No Agent List