$220,500
2004 Palmer Pl, Converse, TX, 78109
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size8,435 sqft
Building Information
Year Built2024
Roof Type109
Garage Spaces360
Land Information
APN05088-406-0190
Lot Number19
SubdivisionRandolph Crossing
Land UseSingle Family Residential
Legal DescriptionCB 5088D (RANDOLPH CROSSING UT 2), BLOCK 6 LOT 19 2024 NEW PER PLAT 20003/811-812///
Census Tract131802
Assessed Land Value$51,200
Assessed Improvement Value$265,640
Assessment Year2025
About this property
Come see 2004 Palmer Place conveniently located on a nice corner loot and within an area that is developing fast. This home features four bedrooms and two-an-a-half baths with an attached two-car garage. All bedrooms and utility room are upstairs.
Investor Tools
$286,581Estimated Mortgage Balance
$30,259Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,901 /month
Positive
Cash Flow Estimate:
$634 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,639
$316,840
2025
$51,200
$265,640
$316,840
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,639
$316,840
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendlo Mortgage Llc
Va
$299,706
Yes
First
May 28, 2024
Jun 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,581
$30,259
9%
90%
$1,797/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,097/mo
+$323/mo
9.2%
