Investor opportunity! 3 bedroom / 1 bath house built to last and located in an established neighborhood. Being situated on two city lots totaling over half an acre, this property offers lots of room for possibilities. The mature Pecan trees and the detached workshop in the back yard are added bonuses. Whether you're looking to renovate, rent, or flip, this one's a smart investment with room to grow.
For sale
Price cut: $5K (7/24)
$74,900
707 Lipsey Ave, Palestine, TX 75803
3beds
1,185sqft
Est.:
Residential
Built in 1952
0.52 Acres Lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
Detached workshopHalf-acre lotMature pecan trees
- 71 days
- on Zillow |
- 397 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 07:15am
Listed by:
LPT Realty LLC.
Source: Palestine AOR,MLS#: 101214
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Oven/Range, 2 or More Water Heaters, Refrigerator
Features
- Ceiling Fan(s), Split Bedroom/Plan
- Flooring: Vinyl Plank, Concrete
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,185
- Total interior livable area: 1,185 sqft
Video & virtual tour
Property
Parking
- Parking features: No Carport/Garage, Concrete
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Covered Front Porch
- Fencing: None
Lot
- Size: 0.52 Acres
- Features: Typical Lawn
- Topography: Level
Details
- Additional structures: Storage
- Parcel number: 63400002700500
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1952
Utilities & green energy
- Electric: Txu
- Gas: None
- Sewer: Public Sewer
- Water: Public, City
Community & HOA
Community
- Subdivision: Lipsy
Location
- Region: Palestine
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $80,015
- Annual tax amount: $1,664
- Date on market: 6/2/2025
- Listing terms: Cash,No Owner Financing,3rd Party Only
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