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$2,497

NAL Estimated Property Value

TBD E Reagan Street, Palestine, TX, 75801

Off MarketInfo
Baths0 Bath

About this property

Vacant Lot for single family residence. Note that the road does not currently extend out to the lot, and utilities likely do not extend out either. Back of this house faces the railroad. Houses in this area valued around $60k - $145k. Zoned as R-2 (single family detached). Permitted uses include site-built, manufactured, and modular homes. NO MOBILE HOMES ALLOWED. Lot being sold AS-IS on behalf of an entity. No physical address has been assigned to this lot yet. Our goal is to help the average person affordably participate in land ownership, so owner finance is available with flexible terms with a minimum of $500 down. Seller does not have a survey. Property taxes for 2018 were $73.56.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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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TBD E Reagan Street | Property Details | No Agent List