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$499,999

1206 W Fm 813, Palmer, TX, 75152

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,678 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.97 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size1.75 acres

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0045.000.012.00.110
SubdivisionR F Brenham
Land UseResidential
Legal Description45 R F BRENHAM 1.75 ACRES
Census Tract060106
Assessed Land Value$133,875
Assessed Improvement Value$206,332
Assessment Year2026

About this property

Country Living, Room to Roam, and a Shop That Steals the Show! Welcome to 1206 W FM 813 in Palmer, Texas, where wide open spaces, small town charm, and everyday convenience come together on 1.75 acres! Located in highly sought after Palmer ISD, home of the Bulldogs, this property offers the country lifestyle you've been dreaming of with convenient access to Dallas, Ennis, and Waxahachie. With approximately 1,678 square feet, this inviting 3 bedroom, 2 bath home offers a spacious living room and a comfortable kitchen layout perfect for gathering with friends and loved ones. Step outside to the covered back patio, where you can sip your morning coffee while enjoying the peaceful country setting, fire up the grill for weekend cookouts, or mount a TV and settle in to watch the big game. And then there's the SHOP! Measuring an impressive 30 by 50 feet, this 1,500 square foot space is a dream for car enthusiasts, hobbyists, and anyone who appreciates room to work and play. Spray foam insulated and complete with a car lift and dedicated man cave area equipped with its own mini split heating and cooling system, the possibilities are endless. Whether you're working on your own vehicles, tackling weekend projects, or creating the ultimate hangout space, this shop is ready for it! Outside, the fenced backyard offers a great space for pets, outdoor activities, or simply relaxing in the peaceful country setting, while the 1.75 acres provide even more room to spread out. The property also features an RV electrical hookup with both 30 amp and 50 amp service. With no city taxes, the freedom of country living, and easy access to boutique shopping, local restaurants, and community events in nearby Ennis and Waxahachie, you'll enjoy the best of both worlds. Imagine evenings on the patio, weekends spent working on your favorite projects, and coming home to a place where there's room to breathe. This isn't just a house. It's the lifestyle you've been looking for! Schedule a showing now!

Investor Tools

$255,176Estimated Mortgage Balance
$174,824Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Lauren Cook

Cook Realty Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,767
$328,403
2026
$133,875
$206,332
$340,207
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,767
$328,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$279,965
No
First
Feb 17, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,176
$174,824
40%
59%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,679/mo
+$341/mo
5.6%

City: Palmer

1206 W Fm 813 | Property Details | No Agent List