7 months on rocket

1616 Palomino Ln, Krum, TX, 76249

$365,000

Home List Price

$4,334*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,627 SqFt
$139/SqFt
House
Schools Nearby

Location

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1616 Palomino Ln, Krum$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt, Door-Multi, Garage Faces Front
Attached Garage3 spaces
Year Built2008
HeatingCentral
CoolingCentral Air
MLS #20431396
Lot Size0.17 Acres
StatusActive

About 1616 Palomino Ln

Welcome home to this spacious 2,655 square foot home in Krum, Denton County, Texas.! This beautiful 4-bedroom, 2.5-bathroom, 2-story house is a dream come true. Freshly painted with new carpet. The main floor gives you two living rooms, or one can be used as an office. Joining the two living areas is the kitchen. Plenty of counter space, and a convenient island for meal prep, along with a bar for casual dining. Upstairs, you'll find four comfortable bedrooms, providing ample space for your family and guests. The master suite features a sitting area for relaxing in the morning or before retiring for the night, along with a private ensuite bathroom, ensuring your own little retreat. The remaining bedrooms share a well-maintained full bathroom. Step outside into your own backyard oasis, complete with a covered patio and an above-ground pool. It's the perfect spot for hot summer days, a relaxing dip, or hosting poolside barbecues.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 2008
  • Stories: 2
  • Living Area: 2,627 SqFt

Listing Office:

  • Office Name: Mossy Oak Properties of Texas- Cross Timbers Land
  • Office Phone: (940) 600-1313
  • Listing Agent: Mike Morris

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Simulated Wood
  • Interior: Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Walk-In Closet(s), Wired for Sound

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Storage

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Asphalt, Door-Multi, Garage Faces Front

Virtual/3D Tour

  • Virtual Tour: 1616 Palomino Ln

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Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Krum High School, Public District Grades 9-12
  • Blanche Dodd Intermediate School, Public District Grades 4-5
  • Krum Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: From Denton, Texas, go north in Interstate 35 to FM 1173 in Krum. Go west on FM 1173 to Thoroughbred Drive. Turn left onto Thoroughbred Drive. Take the first left onto Palamino Lane. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $139/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,442
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Krum, TX.

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Krum, TX

City

Med. List Price

$375K

Med. Price/SqFt

$188

Avg. Days On Market

85

# of Sold Homes

17

1616 Palomino Ln vs Krum

227 DAYS ON ROCKET

+142 Days

$365,000

-$10K Less

$139/SqFt

-$49 Less

KEY TAKEAWAY

This property is $10K less than the Median List Price and $49/SqFt less than other homes in Krum, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20431396

Listing Office:

  • Office Name: Mossy Oak Properties of Texas- Cross Timbers Land
  • Office Phone: (940) 600-1313
  • Listing Agent: Mike Morris

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 3:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,442$263,949
2020$5,441$245,395
2019$5,827$243,273
2018$5,828$241,505
2017$5,387$222,115

History based on county public records data.

Payment Calculator

$1,905

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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.

Middle School

school-card-donut-2355148
6
/10

  • Blanche Dodd Intermediate School

  • 915 E Mccart St

  • 0.78 miles

  • Public District Grades 4-5

school-card-donut-2355149
5
/10

  • Krum Middle School

  • 805 E Mccart St

  • 0.95 miles

  • Public District Grades 6-8

High School

school-card-donut-2355150
5
/10

  • Krum High School

  • 700 A Bobcat Blvd

  • 0.86 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,539. The most common annual income of people living in Krum, TX is between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 Palomino Ln

What is the listing price of this property?

The listing price of 1616 Palomino Ln property is $365,000.

What type of property is this?

The property 1616 Palomino Ln is a house located in Krum, Texas, 76249.

Is this property for sale now?

Active Listing: 1616 Palomino Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1616 Palomino Ln are:
Blanche Dodd Intermediate School: GreatSchools Rating 6/10
Krum Middle School: GreatSchools Rating 5/10
Krum High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,442 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1616 Palomino Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1616 Palomino Ln is 2,627 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 Palomino Ln is 2008.

Rocket Homes›Texas›Denton County›Krum›76249›1616 Palomino Ln

This home is located at 1616 Palomino Ln in Krum, TX and zip code 76249 in the Saddlebrook Estates neighborhood. This 2,627 square foot home, which was built in 2008, sits on a 0.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 14, 2023 and is currently priced at $365,000.

The number of listings in Krum, TX increased by 18.2% between February 2024 and March 2024. The median list price of listings available in March 2024 was $375,000, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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