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$513,000

NAL Estimated Property Value

99 Parker Ridge Rd, Palmer, TX, 75152

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,624 Sq Ft
price_per_sqft$186.36 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop
FlooringOther

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Other
Lot Size1.91 acres

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces5

Land Information

APN00.6880.001.025.00.103
SubdivisionNorth Ridge Est
Land UseResidential
Legal Description25 1 NORTH RIDGE EST 1.91 ACRES
Census Tract061700
Assessed Land Value$120,000
Assessed Improvement Value$388,036
Assessment Year2025

About this property

POOL & LARGE SHOP on almost 2 ACRES. This corner lot has a circular driveway & oversized garage. Large shop about 1500 sqft housing an auto crane & 3 bay doors - full bath, kitchen area, and covered patio bar that allows for entertaining near the fenced in heated pool, hot tub, and gas fire pit. PRIVACY & SPACE outside of city limits with a mature neighborhood and rural landscape! Front door entryway leads to tall ceilings in the grand main living room with additional study-den-game-2nd living room space that includes a built-in wet bar & cabinets. The kitchen is spacious with tons of wood cabinetry & lots of counter space including center island. Make this dream property yours! Open House Dec. 26 from 1 to 3.

Investor Tools

Property Icon
$513,000
Estimated Property Value
$374,673Estimated Mortgage Balance
$138,327Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$921/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,487
$508,036
2025
$120,000
$388,036
$508,036
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,487
$508,036

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$407,232
Yes
First
Feb 1, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,673
$138,327
26%
73%
$2,442/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,442/mo
$-422/mo
4.7%

City: Palmer

99 Parker Ridge Rd | Property Details | No Agent List