# 509 Lipsey Avenue, Palestine, TX 75801

> **TL;DR:** 3bd/1ba single family, $50,000 ($46/sqft), built 1949, 1,088 sqft.
> Hardwood. Est. $217/mo. Listed 839 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $50,000 |
| Price/sqft | $46 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,088 |
| Year Built | 1949 |
| Lot Size | 11,252 sqft (0.26 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 839 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $217 |
| **Total** | **$217** |

## Key Amenities

- Hardwood

## Property Highlights

- Built in 1949
- 0.26 acre lot

## Description

### 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!

## Location

- **Address:** 509 Lipsey Avenue, Palestine, TX 75801
- **County:** ANDERSON
- **Neighborhood:** LIPSEY
- **Coordinates:** 31.744661, -95.657251
- **Google Maps:** https://www.google.com/maps?q=31.744661,-95.657251

## Listing Agent

- **Name:** Lou Anderson
- **Brokerage:** Landmark Realty LLC.
- **Phone:** 9039225990
- **Email:** lou@landmarkrealty.llc

## Primary Photo

![509 Lipsey Avenue - Primary Photo](http://lh.rdcpix.com/242f530ba12f5daddd9fa83fb2043a84l-f3834933754r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/509-lipsey-avenue-palestine-tx-75801-tx96794)*

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**MLS#:** 96794 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/509-lipsey-avenue-palestine-tx-75801-tx96794)

---

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  "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!",
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