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502 Palmetto Ct, Runaway Bay, TX, 76426

3beds
2baths
1,613sqft
$333,999
$207price/sqft
$2,559/moest. monthly cost
$102,360/yrincome needed

About This Home

Welcome to your peaceful retreat in Runaway Bay! This is where modern comfort meets natural beauty. This brand-new build was meticulously designed with a seamless balance of elegant style and practical everyday living. Nestled among mature trees, your private backyard is a serene sanctuary for watching deer and other native wildlife. Step inside to a bright, open-concept floor plan centered around a stunning fireplace. The chef-inspired kitchen features premium countertops, a large island, custom cabinetry, stainless steel appliances, and a stylish coffee bar. Perfect as a luxury retreat, weekend getaway, or peaceful escape with the ideal blend of comfort and outdoor living. Features You’ll Love: Chef’s Kitchen: Quartz countertops, large island, custom cabinetry, stainless steel appliances, modern lighting, and a dedicated coffee bar. Luxurious Living Room: Bright, spacious open-concept floor plan featuring a stunning fireplace and space to relax. Primary Suite Retreat: Spa-like bathroom with dual vanities, a dual walk-in shower, and an oversized walk-in closet. Outdoor Living: Covered front porch overlooking mature trees, private nature views, and abundant local wildlife. Why Choose This Home? Energy-Efficient: Central heating and air conditioning paired with modern LED lighting and energy-saving appliances. Engineered Piered Foundation: This home features a reinforced slab supported by 34 structural piers, providing exceptional stability, durability, and long-term peace of mind. Prime Location: Minutes from Lake Bridgeport boating, fishing, and golf courses, all within an hour of Fort Worth. No HOA Fees: Enjoy ultimate flexibility and total freedom to use your property however you like. 2-10 Home Buyers Warranty at closing

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

--
4/10
Bridgeport Middle SchoolGrades 6-88.0 mi
4/10
Bridgeport High SchoolGrades 9-128.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Shingle
  • Construction materials: Brick,Rock,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse,Modern,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Cooktop,Electric Range,Electric Water Heater,Disposal,Microwave
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Dimensions: 12 x 11

Bedroom

  • Features: Ceiling Fan(s),Walk-In Closet(s)
  • Level: First
  • Dimensions: 12 x 11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 11 x 9

Features

  • Built-in Features,Chandelier,Dry Bar,Decorative/Designer Lighting Fixtures,Double Vanity,High Speed Internet,Kitchen Island,Open Floorplan,Pantry,Cable TV,Wired for Data,Walk-In Closet(s)
  • Window features: Window Coverings
  • Flooring: Combination,Ceramic Tile,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Electric,Living Room,Insert
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric,ENERGY STAR/ACCA RSI Qualified Installation,ENERGY STAR Qualified Equipment,Fireplace(s)
  • Cooling features: Central Air,Ceiling Fan(s),Electric,ENERGY STAR Qualified Equipment

Interior Area

  • Total interior livable area: 1,613 sqft

Kitchen

  • Features: Breakfast Bar,Built-in Features,Eat-in Kitchen,Kitchen Island,Solid Surface Counters,Walk-In Pantry
  • Level: Second
  • Dimensions: 19 x 11

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 19 x 12

Master Bedroom

  • Features: Ceiling Fan(s),Double Vanity,En Suite Bathroom,Walk-In Closet(s)
  • Level: First
  • Dimensions: 15 x 15

Other

  • Features: Built-in Features,Dual Sinks,En Suite Bathroom,Jack and Jill Bath,Solid Surface Counters
  • Level: First
  • Dimensions: 9 x 11

Other

  • Features: Solid Surface Counters
  • Level: First
  • Dimensions: 10 x 5

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Accessible Entrance

Details

  • Parcel number: 772249

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: Awning(s)
  • Waterbody name: Bridgeport
  • Residential vegetation: Grassed,Heavily Wooded,Wooded

Lot

  • Lot size: 9,975 sqft
  • Features: Back Yard,Cul-De-Sac,Irregular Lot,Lawn,Many Trees
  • Lot size dimensions: 109 x 109 x 110 x 46

Parking

  • Total spaces: 2
  • Parking features: Door-Single,Garage,Garage Door Opener,Oversized,Unpaved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Heat Wave
Inland Flooding
Strong Wind
Wildfire
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,688$20,256
Home Insurance *$330$3,960
Property Taxes $303$3,636
Electricity $238$2,859
Total$2,559$30,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,737/yr
40% on housing$76,770/yr
45% on housing$68,240/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 76426$169
Wise County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 76426$166
Wise County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Price change$329,999
2026-07-30Price change$333,999
2026-07-21Price change$334,000
2026-06-24Listed for sale$335,000
2026-06-19Contingent$335,000
2026-06-10Price change$335,000
2026-05-24Listed for sale$340,000

New Construction

AgentDavid Rico
BrokerageRendon Realty, LLC

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