$55,000
504 W••••• Lacy Dr (Sign up for 50 free credits to unlock)Palestine, TX 75801
Property Description
Opportunity awaits in this charming 2-bedroom, 1-bath home conveniently located downtown! Whether you're a first-time homebuyer looking to build equity, an investor searching for your next renovation project, or someone seeking a potential rental property, this home offers endless possibilities. With its strong investment potential, this property is ready for your vision and personal touches. Owner financing is available with 10% down, 10% interest, and a 10-year term, making homeownership and investing more accessible than ever. Don't miss this affordable opportunity to own a property with great potential!
Property Facts & Features
- Property Type
- Single Family
- Status
- Active
- Listed
- Jun 11, 2026
- Price per Sq Ft
- $51/sqft
- ZIP Code
- 75801
- Full Baths
- 1
- Heating
- Natural Gas
- Cooling
- Window Unit(S)
- Construction
- Frame
- Property Tax (2026)
- $1,237/yr
- Assessed Value
- $56,496
- County
- Anderson
- School District
- Palestine Independent School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 2
Bathrooms
- Full Bathrooms: 1
Land Info
- Lot Size Acres: 0.0803
- Lot Size Square Feet: 3498
Utilities
- Sewer: Public Sewer
- Water Source: Public
Other Rooms
- Kitchen/Dining Combo
Interior Features
- Flooring: Vinyl
Garage and Parking
- Driveway: Concrete
Kitchen and Dining
- Kitchen Description: Gas Water Heater
School Information
- School District: Palestine ISD
Heating and Cooling
- Cooling Features: Window Unit(s)
- Heating Features: Natural Gas
Other Property Info
- Annual Tax Amount: 1298
- Source Listing Status: Active
- County: ANDERSON
- Directions: From VeraBank, turn left in sycamore, then left on lacy, on your left in 0.2 miles
- Area: Inside Loop 256
- Source Neighborhood: DEBARD
- Subdivision: DEBARD
- Property Subtype: Residential
Accessibility Features
- Access: City Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Total Square Feet Living: 1078
- Year Built: 1925
- Construction Materials: Frame
- Foundation Details: Pillar/Post/Pier
- Living Area Source: ACAD
- Property Age: 101
- Roof: Composition
- House Style: Traditional
Exterior and Lot Features
- No Special Features
- Fencing: Chain Link
Amenities and Community Features
- Old Home-50+ Years
Location
Lat 31.76461 · Lng -95.63510