$390,000
510 An County Road 2137, Palestine, TX, 75801
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher
Exterior
Lot Size4.36 acres
Land Information
APN10184
SubdivisionJohn Adams Survey Abstract
Land UseResidential
Legal DescriptionA0002 ADAMS, JOHN BLOCK 1152 TRACT 2, 2A1 & 2B1
Census Tract950901
Assessed Land Value$56,471
Assessed Improvement Value$348,731
Assessment Year2026
About this property
Country living with room to roam! This spacious 4-bedroom, 2-bath home sits on approximately 4 acres and offers the perfect blend of comfort and country charm. The primary suite features a cozy wood-burning fireplace, creating a warm and inviting retreat. Outside, the property is ready for your four-legged friends with a functional horse barn and fenced pens, making it ideal for an equestrian setup or small farm. Enjoy the privacy, space, and possibilities this property has to offer!
Investor Tools
$331,966Estimated Mortgage Balance
$322,034Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,924 /month
Positive
Cash Flow Estimate:
$1,308 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,041
$405,202
2026
$56,471
$348,731
$405,202
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,041
$405,202
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$343,660
Yes
First
May 12, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,966
$322,034
49%
51%
$2,215/mo
