Nestled at the intersection of Interstate Highway 45 Palmer and Parker Hill Road, this expansive 64.650-acre property stands as a beacon of opportunity for investors and developers alike. Boasting a strategic location with direct access to I-45, holds immense potential for various commercial ventures and serves as a canvas for future residential development. As commercial property, the possibilities are vast. Envisioning retail centers, office complexes, or hospitality establishments. Beyond its current commercial designation, holds promise for future residential development. The expansive acreage provides ample space for crafting a thoughtfully planned residential community, creating a harmonious blend of convenience and comfort. Surrounded by natural beauty and panoramic views, this land offers a picturesque setting for both commercial and residential purposes. The integration of green spaces and landscaping possibilities adds aesthetic value to the overall development potential.
Directions: Go on Hwy 45 south and take Parker Hill road exit. Take a left at the bridge and the land is on other side of the service roadd beside gas station.Also all the road frontage on Parker hill behind the gas station
Price Information
Listing Price Info
Price Summary:
List Price: $2,553,675
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palmer, TX.
Last updated on: 11/21/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.8K
Per Month
Principal & Interest
$12.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,723
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Palmer Elementary School
303 Dick St
Distance between this listing and this school3.08 miles
Public District Grades PK-3
6
/10
Austin Elementary School
1500 Austin Dr
Distance between this listing and this school4.20 miles
Public District Grades 1-3
5
/10
Travis Elementary School
200 N Shawnee St
Distance between this listing and this school4.84 miles
Public District Grades 1-3
Nearby Schools
6
/10
Palmer Middle School
118 W FM 813
Distance between this listing and this school3.15 miles
Public District Grades 4-8
4
/10
Jack Lummus Intermediate School
501 N Clay St
Distance between this listing and this school4.94 miles
Public District Grades 4-6
6
/10
Dorie Miller Intermediate School
2200 W Lampasas St
Distance between this listing and this school6.17 miles
Public District Grades 4-6
Nearby Schools
5
/10
Palmer High School
422 W Jefferson St
Distance between this listing and this school3.08 miles
Public District Grades 9-12
3
/10
Ennis High School
2301 Ensign Rd
Distance between this listing and this school6.64 miles
Public District Grades 9-12
5
/10
Ferris High School
1025 E 8th St
Distance between this listing and this school9.28 miles
The neighbors living near this home have an average income of $79,688. Typical income of Palmer, TX residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD Parker Hill Rd
What is the listing price of this property?
The listing price of TBD Parker Hill Rd property is $2,553,675.
What type of property is this?
The property TBD Parker Hill Rd is land located in Palmer, Texas, 75152.
Is this property for sale now?
Active Listing: TBD Parker Hill Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD Parker Hill Rd in Palmer, TX and zip code 75152. This home sits on a 64.65 acre lot. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $2,553,675.
The number of homes for sale in Palmer, TX decreased by 6.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 99 days, the median list price was $351,500.
From Rocket Homes Real Estate and based on county public records data.