About This Home

This 3-bedroom, 2-bathroom multi-family at 401 W Carolina Street in Palestine, TX is listed for $132,900. Built in 1951, on a 0.11 acres lot.

Key Features

  • Built in 1951
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
2 full
1951

Amenities

A/C
Listing Description

Calling all investors or savvy homeowners. Unique opportunity to live in a fully remodeled 2 bedroom and 1 remodeled bath unit, while collecting income from the rented garage conversion with 3/4 bath, kitchenet, laundry, and upstairs loft. Unit #A offers a fully covered front porch.

Enter the formal living & dining rooms. Living space is open to the all-new kitchen with all new cabinets, full height subway tile backsplash, butcher block counters, range with vented hood, dish washer, refrigerator & statement light fixture. Spacious bedrooms with new windows, ceiling fan, and storage.

Bathroom offers full-size step-in shower with sliding glass doors, and all new fixtures. New laminate wood flooring throughout. Exterior is clad with metal siding and a metal roof to endure the elements with ease. Unit #A pays for water and trash for both units. Separate electrical service. Unit #B is currently rented though Sept 30, 2026 for $500 per mo.

Monthly Cost Estimate

$711/mo

20% down · 6.5% · 30 years

Principal$96
Interest$576
Insurance$39

Estimates only. Actual payments may vary.

Location

401 W Carolina Street

Palestine, TX 75803

Green

Features & Amenities

Interior Features

OpenFloorplan

Property Details

Flooring

Laminate

Construction

MetalSiding

Heating

Electric (Heating)

Cooling

Central Air

Appliances

DryerDishwasherElectricRangeRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 401 W Carolina Street is listed at $132,900. The estimated monthly payment is $711 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.11 acre lot, 2 stories. Interior Features: OpenFloorplan.

This property is listed by Dave Redderson.

DR

Dave Redderson

Agent at HomeSmart

Listed by HomeSmart · Broker phone: 817-992-7871 · View on Broker Site

MLS# 21311980· Source: North Texas Real Estate Information Systems, Inc.· 4 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

401 W Carolina Street, Palestine, TX 75803

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