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$149,000

811 N Cedar St, Palestine, TX, 75801

$193,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths4,554 Sq Ft
QuadruplexQuadruplex
price_per_sqft$32.72 / sqft
Year BuiltBuilt in 1912

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
FlooringOther

Exterior

Lot Size20,343 sqft

Building Information

Year Built1912

Land Information

APN34306
Lot Number5A
SubdivisionOakdale Drive Addition
Land UseResidential
Legal DescriptionORIGINAL BLOCK 99 (EAST) LOT 5A
Census Tract950500
Assessed Land Value$55,942
Assessed Improvement Value$175,137
Assessment Year2026

About this property

CALLING ALL INVESTORS! FOUR-UNIT MULTIFAMILY OPPORTUNITY IN THE HEART OF PALESTINE! Don't miss your chance to scoop up this FOUR-UNIT MULTIFAMILY PROPERTY in the heart of Palestine! Whether you're a seasoned investor looking to expand your portfolio or just getting started in real estate, this property presents an exciting opportunity to build long-term wealth and generate rental income! With FOUR SEPARATE UNITS, this property offers multiple income streams under one roof and plenty of potential for the right investor. Add this property to your rental portfolio, maximize its income-producing potential, and take advantage of this multifamily investment opportunity! Four-unit opportunities like this are worth a look! Schedule your showing today and see the potential for yourself!

Investor Tools

$70,671Estimated Mortgage Balance
$160,548Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$193,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

Interested in this property?

Edward McClintick

Joseph Walter Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,938
$231,079
2026
$55,942
$175,137
$231,079
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,938
$231,079

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michigan Mutual Inc
Conventional
$78,750
No
First
Jun 29, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,671
$160,408
69%
31%
$473/mo

City: Palestine

811 N Cedar St | Property Details | No Agent List