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Ellis 75152 Americas Choice Village
180 Choice Drive
Photo of 180 Choice Drive

6

Map

Photo of 180 Choice Drive
Photo of 180 Choice Drive
$115,000
● Land - For Sale

180 Choice Drive

Palmer, TX 75152
bedrooms
Studio
bathrooms
0 Bath
$565
Est. Monthly

About This Property

Build your dream home on this spacious vacant lot in the growing community of Palmer, TX. With plenty of room to design the home, shop, or outdoor space you've always wanted, this property offers the perfect blend of country living and convenience. Enjoy the peace and privacy of a rural setting while remaining just minutes from I-45 for an easy commute to Waxahachie, Ennis, and the Dallas-Fort Worth metroplex. Whether you're looking to build now or invest for the future, this is a great opportunity to own land in a desirable location.
Unit Size
-
Days on Market
-
Land Size
0.68 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (NTREIS #21330684)

Price History

Date / Event Date Event Price
Jul 14, 2026 Listed by Elite Real Estate Texas $115,000
Listed by Elite Real Estate Texas

Property Highlights

Exterior Details
Lot Features: Cleared, Cul-De-Sac, Irregular Lot
Lot Size Area: 0.681
Lot Size Units: Acres
Lot Size Acres: 0.681
Lot Size Square Feet: 29664.36
Tax Lot: 8

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,664
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMERICAS CHOICE VILLAGE PH 3
  • Land Acres: 0000000681
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 8 BLK A AMERICAS CHOICE VILLAGE PH 3 .681 AC

Neighborhood

  • School District Name: Ferris Independent School District
  • Census Tract: 060106

Geography

  • Assessors Map Reference: 1033-V
  • Parcel: 210174
  • Block: A
  • Lot: 8
  • Municipality: PALMER
  • Latitude: 32.4659
  • Longitude: -96.7491

    Address

  • Full Address: 180 Choice Dr
  • Address - House Number: 180
  • Address - Street Name: Choice
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Palmer
  • Carrier Code: R001
  • 4-Digit Zip Code: 8138
  • Zip Code: 75152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $96,800
  • Tax Rate Code Area: 205

    Appraisal Valuation

  • Standard Deviation: 0.2413
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 66
  • Final Value: 336,089
  • High Value: 417,216
  • Low Value: 254,962

    Market Valuation

  • Market Total Value: $94,662
  • Market Land Value: $75,000
  • Market Improvement Value: $19,662

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,662
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $19,662
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Americas Choice Village

Stats & Trends

Median Asking:

$259,999

Sale Price/ft²

$156

Below Asking

0.10%

Average Days on Market

203

Average Home Size

1664 ft²

Average Home Age

9 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2650 Fm 983, Red Oak, TX, 75125

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,089 ft²
2650 Fm 983, Red Oak, TX, 75125 Listing by Lyndah Orms

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Joseph Gomez, Elite Real Estate Texas
Last Updated: 3 months ago
Data Source: NTREIS MLS, MLS# 21330684
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 180 Choice Drive built and last sold?
The property at 180 Choice Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 180 Choice Drive is $116,150.
What are some comparable homes to 180 Choice Drive?
There are currently no comparable homes to 180 Choice Drive.
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