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$415,000

5730 E FM 323, Palestine, TX, 75801

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.06 / sqft
Year BuiltBuilt in 1982

About this property

Country Living at Its Best on 16.12 Acres! Nestled toward the back of the lush acres, this immaculately maintained 4BR/2BA brick home offers a private escape. The open floor plan provides a welcoming space for entertaining, gathering w/family or simply enjoying everyday life. Inside, you’ll find a spacious mudroom at the back of the home complete w/a laundry sink for added convenience. The home is all electric, serviced by community water & had a roof replacement in 2016. The outdoor amenities are just as impressive! Detached 3 car carport w/an attached shop that has electric & a roll up door for large storage. When it is time to relax you can enjoy outside time on the covered back patio overlooking the back property line. There is a row of willow trees offering added privacy while still allowing views of the neighboring lake! Behind the fencing, there is an additional concrete slab which was a detached garage at one time but now its yours to make into whatever you wish! The acres are primarily open pasture & ready for cattle or just ideal to enjoy the outdoors. There are wooded trails along the left side inviting you to take a leisurely stroll and experience the beauty of nature!

Investor Tools

$0Estimated Mortgage Balance
$415,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Christie Scroggins

Landmark Realty

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Financing Details

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

City: Palestine