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About This Home

This 3-bedroom, 1-bathroom single family at 509 Lipsey Avenue in Palestine, TX is listed for $50,000 ($46 per sqft). Built in 1949, the home offers 1,088 sqft of living space on a 0.26 acres lot.

Agent Description

Don't miss out on this investment property! This 3 bed/1 bath corner lot in Westwood ISD is just waiting for you to fix it up! Sitting on 0.2583 acres, the yard has a spacious feel to it. Would make an amazing rental property or first time home with a little TLC. Call and make an appointment to check it out!

Key Features

  • Built in 1949
  • 0.26 acre lot

Property Details

1 full
1949

Amenities

Hardwood

Monthly Cost Estimate

$267/mo

20% down · 6.5% · 30 years

Principal$36
Interest$217
Insurance$15

Estimates only. Actual payments may vary.

Location

509 Lipsey Avenue

Palestine, TX 75801

LIPSEY

Features & Amenities

Interior Features

No Special Features

Exterior Features

No Special Features

Property Details

Flooring

HardwoodTileVinyl

Construction

Frame

Heating

Natural Gas

Cooling

Gas (Cooling)

Questions & Answers

This 3-bedroom, 1-bathroom single family at 509 Lipsey Avenue is listed at $50,000 ($46/sqft). The estimated monthly payment is $217 based on 20% down at 6.5% interest.

Key features include: Built in 1949, 0.26 acre lot. Interior Features: No Special Features. Exterior Features: No Special Features.

This property is listed by Lou Anderson and can be reached at 9039225990 or lou@landmarkrealty.llc.

LA

Lou Anderson

Agent at Landmark Realty LLC.

(903) 922-5990

Listed by Landmark Realty LLC.

MLS# 96794· Source: listhub· Updated 839 days ago

Copyright © 2026 Palestine Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

509 Lipsey Avenue, Palestine, TX 75801

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