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$586,673

9440 E Fm 321, Palestine, TX, 75803

$762,675 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,752 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$472.38 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesMicrowave, Free-Standing Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size38.26 acres

Building Information

Year Built1995
Garage Spaces2

Land Information

APN22398
SubdivisionWm S Herrin
Land UseResidential
Legal DescriptionA0374 HERRIN, WM S BLOCK 590 TRACT 10A,10A1,12,12A & 14B
Census Tract950902
Assessed Land Value$210,404
Assessed Improvement Value$568,837
Assessment Year2025

About this property

Welcome to the ultimate recreational ranch comprised of over 117.778 acres with a winning combination of pasture & woods, a 12 acre spring fed lake & a two story custom built home with shop! Floor plan encompasses a large living area, kitchen/dining combo, raised high ceilings and with 4 spacious bedrooms, 2.5 bathrooms & an upstairs flex room that could be a 5th bedroom you have plenty of room for relaxation and play! Upstairs you’ll also find two bedrooms & one bathroom. Outdoor space includes a heated & cooled section of the 2700sqft shop w/4 overhead doors, French drains & Generac Generator! Come experience true country living with abundant hunting, fishing and privacy in your own backyard. East Texas at its finest! Don’t Miss!

Investor Tools

Property Icon
$586,673
Estimated Property Value
$0Estimated Mortgage Balance
$586,673Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$762,675
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$956/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,536
$586,673
2025
$210,404
$568,837
$779,241
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,536
$586,673

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$586,673
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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9440 E Fm 321 | Property Details | No Agent List