1 month on rocket

501 E Park Ave, Palestine, TX, 75801

$150,000

Home List Price

$1,781*

Closing Credit

4 Bedrooms
2 Full Baths
2,478 SqFt
$61/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

501 E Park Ave, Palestine$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1928
HeatingNone
CoolingCeiling Fan(s)
FireplaceWood Burning
MLS #24001038
Lot Size0.20 Acres
StatusActive

About 501 E Park Ave

This charming 1928 cottage across from Reagan Park in historic Palestine, Texas is ready for someone to love! With arched dormer windows, front porch, many original "wavy glass" windows, and details galore, this early Micheaux Park home is calling to buyers who appreciate the craftsmanship and style only historic homes provide. With 2478 sq. ft., this 4 bedroom, 2 bath home has a living area with arched windows, built-in bookshelves flanking the wood burning fireplace and french doors opening to adjacent dining room with raised ceiling and wainscoting. Breakfast alcove with original built-in cabinetry provides additional dining space and connects to kitchen. Enclosed back porch houses the utility room. Spacious bedrooms throughout with two upstairs and two downstairs. Upstairs bedrooms are large and each has 2 window seats with storage below and generous closet space. Two enclosed porches at side of home create great space for sunroom and office. A bonus room is accessed through an arched cased opening off the living room at the front of the house, where the previous homeowner lovingly taught children piano lessons for years! Much has been done to bring this home back to its former glory however there is more to be done. New HVAC unit is needed - venting & ductwork is there. Interior has been painted - exterior is ready for new homeowner to choose their favorite colors and make it their own. Plenty of space to add garage/shop if desired. This home provides the character of a bygone era of home building, for more lucky families to enjoy!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1928
  • Stories: 2
  • Living Area: 2,478 SqFt

Listing Office:

  • Office Name: Staples Sothebys International Realty
  • Office Phone: (903) 630-4321
  • Listing Agent: Dana Staples

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Tile, Wood
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Wood Fence, Porch

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Crockett & Spring St in Palestine: South on Crockett to stoplight at Park Ave. Turn left. Home on corner of Crockett and E. Park Ave. Sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $61/SqFt

Tax Information:

  • Annual Amount: $2,129
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Palestine, TX.

Map thumbnail provided by MapBox

Palestine, TX

City

Med. Sold Price

$320K

Med. Price/SqFt

$151

Avg. Days On Market

105

# of Sold Homes

6

501 E Park Ave vs Palestine

40 DAYS ON ROCKET

-65 Days

$150,000

-$170K Less

$61/SqFt

-$91 Less

KEY TAKEAWAY

This property is $170K less than the Median Sold Price and $91/SqFt less than other homes in Palestine, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TylerTX
  • MLS Number: #24001038

Listing Office:

  • Office Name: Staples Sothebys International Realty
  • Office Phone: (903) 630-4321
  • Listing Agent: Dana Staples

IDX Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed. Copyright © 2024 Greater Tyler Association of REALTORS® All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 12/22/2024, 6:16:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,129$77,425
2019 - $77,425
2018$2,225$77,425
2017$2,251$77,425

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-892724
3
/10

  • Southside Elementary School

  • 201 E Gillespie St

  • 1.14 miles

  • Public District Grades 2-3

school-card-donut-892725
5
/10

  • Westwood Elementary School

  • 2305 Salt Works Rd

  • 3.29 miles

  • Public District Grades 3-6

school-card-donut-892726
5
/10

  • Elkhart Intermediate School

  • 301 E Parker St

  • 9.42 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,220. Residents of Palestine, TX typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 E Park Ave

What is the listing price of this property?

The listing price of 501 E Park Ave property is $150,000.

What type of property is this?

The property 501 E Park Ave is a house located in Palestine, Texas, 75801.

Is this property for sale now?

Active Listing: 501 E Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,129 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 E Park Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 E Park Ave is 2,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 E Park Ave is 1928.

Rocket Homes›Texas›Anderson County›Palestine›75801›501 E Park Ave

This home is located at 501 E Park Ave in Palestine, TX and zip code 75801. This 2,478 square foot home, which was built in 1928, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $150,000.

In November 2024, from all listings sold in Palestine, TX there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Palestine, TX decreased by 3.5% between October 2024 and November 2024. In November 2024, listings were on the market for 105 days. During the same period, the median list price in this real estate market was $320,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources