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Brazoria 77541
4518 Palm Street
$100,000 Last Listed Price
● House - Off Market

4518 Palm Street

Freeport, TX 77541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,148 Ft²
$115,577
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

The electric is connected but there is no power. There is no water as well water is the only water available and it is plugged. It needs to be drilled again. The septic is older and will still need to be upgraded to modern standards, estimated cost  for those for the water well is $10k and the septic is about $10k.  The house has been gutted and ready for fixes and upgrades.

Located on the free beach section (2nd access) of the island between the beach and the bay. Neighborhood had a public boat ramp access to drum bay that leads into Christmas bay.

Priced well below cad value.

According to the seller- the house is out of any city limits there are no building codes needed unless the anything done improves the current year's value by 50%. Adding a second story can be done without a permit as long as the value doesn't increase the current CAD value by 50%.
Unit Size
1,148 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$87
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1965

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Last updated: 4 months ago (HAR #58392610)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Sold
Jun 7, 2021 Listed by Gulf Coast, Realtors $100,000
Listed by Gulf Coast, Realtors
The electric is connected but there is no power. There is no water as well water is the only water available and it is plugged. It needs to be drilled again. The septic is older and will still need to be upgraded to modern standards, estimated cost for those for the water well is $10k and the septic is about $10k. The house has been gutted and ready for fixes and upgrades. Located on the free beach section (2nd access) of the island between the beach and the bay. Neighborhood had a public boat ramp access to drum bay that leads into Christmas bay. Priced well below cad value. According to the seller- the house is out of any city limits there are no building codes needed unless the anything done improves the current year’s value by 50%. Adding a second story can be done without a permit as long as the value doesn’t increase the current CAD value by 50%.

Property Highlights


Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 216

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,148
  • Gross Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAN LUIS BEACH (A0029 S F AUSTIN)
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SAN LUIS BEACH (A0029 S F AUSTIN), BLOCK 5, LOT 5

Neighborhood

  • School District Name: Brazosport Independent School District
  • School Tax School District: RDB
  • Census Tract: 664200

Zoning

  • Zoning: 0089

Geography

  • Subdivision Tract Number: S7430
  • Parcel: 7430-0223-110
  • Block: 5
  • Lot: 5
  • Municipality: IOWA COLONY
  • Latitude: 28.9948
  • Longitude: -95.2339

    Address

  • Full Address: 4518 Palm St
  • Address - House Number: 4518
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: TX
  • City Name: Freeport
  • Zip Code: 77541

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $186,950
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: SBR

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 66
  • Final Value: 155,909
  • High Value: 192,997
  • Low Value: 118,822

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $33,750
  • Market Improvement Value: $66,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,000
  • Assessed Land Value: $33,750
  • Assessed Improvements Value: $66,250

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021047904
  • Previous Sale Recording Date: Nov 30, 2018
  • Previous Sale Contract Date: Nov 28, 2018
  • Previous Sale Amount: $82,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Brazoria


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Frequently Asked Questions

When was property at 4518 Palm Street built and last sold?
The property at 4518 Palm Street was built in 1965 and last sold on Jul 19, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 4518 Palm Street is $105,849.
What are some comparable homes to 4518 Palm Street?
There are currently no comparable homes to 4518 Palm Street.