$55,000

For sale

504 W••••• Lacy Dr (Sign up for 50 free credits to unlock)Palestine, TX 75801

2Beds
1Baths
1,078Sq Ft Living
3,498Sq Ft Lot
1925Year Built

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

$64,000Range $49,955 to $88,100

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