NOT LISTED FOR SALE

501 1st St Palacios, TX 77465

Estimated Value: $198,000 - $250,000

2 Beds
1 Bath
1,298 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 09, 2019

Current estimated payment $1,186/month

8 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • Paneling
  • Traditional Architecture
  • Covered patio or porch
  • Window Unit Cooling System

About This Home

As of April 2019

This property is currently being used as a Resale/Antique shop but it can be used as a 2 bedroom 1 bathroom home. It has a large yard with a view of Tres Palacios Bay. It is 1 block from a public boat launch and 2 blocks from a public fishing pier. The property can be used as Commercial or Residential.The house is in need of some repairs and priced with this in mind.

Last Agent to Sell the Property

Elmo Duke

Texana Real Estate Brokerage Phone: 9792454105 License #TREC #:0496345 Listed on: 02/18/2019

Last Buyer's Agent

Elmo Duke

Texana Real Estate Brokerage Phone: 9792454105 License #TREC #:0496345 Listed on: 02/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,695

Year Built

  • Built in 1916

Lot Details

  • 0.35 Acre Lot
  • Corner Lot
  • Irregular Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Asbestos
  • Pier And Beam

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Open Parking

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System

Additional Features

  • Covered patio or porch
  • City Lot

Community Details

  • Palacios Subdivision

Listing and Financial Details

  • Exclusions: All Personal Property
  • Assessor Parcel Number 41929

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,695

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.349
  • Lot Size: 15202
  • Road Frontage Type: City Street
  • Exclusions: All Personal Property
  • Subdivision Name: Palacios
  • Directions: Hwy 35 to Palacios, stay on Hwy 35/1st St when you get in town property is on the right before you get downtown.......Real Estate sign posted in yard.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1916
  • Attribution Contact: 9792454105
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet/Vinyl
  • Interior Amenities: Paneling, Ceiling Fan(s)
  • Living Area: 1298

Exterior Features

  • Fencing: None
  • Lot Features: 0-1 acre, Corner Lot, Irregular Lot, Residential City
  • Pool Features: None
  • Pool Private: No
  • View: Water
  • View: Yes
  • Disclosures: Structural Defects/Gas
  • Construction Type: Asbestos
  • Foundation Details: Slab, Pier & Beam
  • Patio And Porch Features: Covered Enclosed Patio
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage/Carport, Gravel Drive

Utilities

  • Cooling: Window Unit(s), Central Electric
  • Cooling Y N: Yes
  • Heating: Central Electric Heat
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Palacios

Lot Info

  • Lot Size Sq Ft: 15202.44
  • Parcel #: 41929
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2694.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 4, 2019
Sold by
Warchesik Sandra M
Bought by
Nguyen Hien D
Seller's Agent
Elmo Duke
Texana Real Estate
Buyer's Agent
Elmo Duke
Texana Real Estate
List Price
$82,500
Current Estimated Value
$213,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nguyen Hien D -- Palacios Abstract And Ttl Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold -- -- --
02/26/2019 02/26/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $82,500 -- $64 / Sq Ft
Source: Matagorda County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $39 $181,660 $27,670 $153,990
2023 $3,258 $141,430 $22,960 $118,470
2022 $3,643 $131,980 $22,960 $109,020
2021 $2,789 $100,850 $22,960 $77,890
2020 $2,528 $89,850 $22,960 $66,890
2019 $2,714 $97,020 $22,960 $74,060
2018 $2,694 $96,340 $13,530 $82,810
2017 $2,729 $98,340 $13,530 $84,810
2016 $2,660 $95,840 $13,530 $82,310
2015 -- $74,320 $10,000 $64,320
2014 -- $80,830 $10,000 $70,830
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elmo Duke

    Texana Real Estate

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Map

Source: Matagorda County Board of REALTORS®

MLS Number: 774623

APN: 41929

Texas Matagorda County Palacios 77465

501 1st St, Palacios, TX

This home is located at 501 1st St, Palacios, TX 77465 since 18 February 2019 and is currently estimated at $213,623, approximately $164 per square foot. This property was built in 1916. 501 1st St is a home located in Matagorda County with nearby schools including Central Elementary School, East Side Intermediate School, and Palacios Junior High School.

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