3 months on rocket

523 May St, Palestine, TX, 75801

$127,500

Home List Price

$1,514*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,120 SqFt
$60/SqFt
House

Location

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523 May St, Palestine$127,500

Buyer Closing Credits

$1,514*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Driveway
Year Built1900
HeatingFireplace(s)
CoolingCeiling Fan(s)
FireplaceWood Burning
MLS #20704613
Lot Size0.12 Acres
StatusActive

About 523 May St

Investor special with abundant opportunities for being a family home or even a bed & breakfast. Inside you'll find charmingvintage wallpaper, custom chandeliers and elaborate woodwork. Hardwood floors throughout most of the rooms. Bring yourideas and transform this home into the showplace it was meant to be.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1900
  • Living Area: 2,120 SqFt

Listing Office:

  • Office Name: S.E.T. Real Estate
  • Office Phone: (903) 218-0585
  • Listing Agent: Christi Earley

Interior Features

Interior Information:

  • Appliances: Electric Oven
  • Basement: No
  • Flooring Type: Vinyl, Wood
  • Interior: Paneling/Wainscoting, Natural Woodwork
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached Carport, Driveway

Virtual/3D Tour

  • Virtual Tour: 523 May St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot, Subdivision
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s)
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $127,500
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $750
  • Tax Year: 2020
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Housing Market Comparison

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

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Palestine, TX

City

Med. Sold Price

$335K

Med. Price/SqFt

$157

Avg. Days On Market

25

# of Sold Homes

7

523 May St vs Palestine

93 DAYS ON ROCKET

+68 Days

$127,500

-$207.5K Less

$60/SqFt

-$98 Less

KEY TAKEAWAY

This property is $207.5K less than the Median Sold Price and $98/SqFt less than other homes in Palestine, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20704613

Listing Office:

  • Office Name: S.E.T. Real Estate
  • Office Phone: (903) 218-0585
  • Listing Agent: Christi Earley

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/21/2024, 9:20:55 PM 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$750$27,266
2019 - $27,266
2018$783$27,266
2017$764$26,286

History based on county public records data.

Payment Calculator

$704

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$449

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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-423977
3
/10

  • Southside Elementary School

  • 201 E Gillespie St

  • 1.25 miles

  • Public District Grades 2-3

school-card-donut-423978
5
/10

  • Westwood Elementary School

  • 2305 Salt Works Rd

  • 2.76 miles

  • Public District Grades 3-6

school-card-donut-423979
5
/10

  • Elkhart Intermediate School

  • 301 E Parker St

  • 9.58 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 $23,222. The most common annual income of people living in Palestine, TX is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 523 May St

What is the listing price of this property?

The listing price of 523 May St property is $127,500.

What type of property is this?

The property 523 May St is a house located in Palestine, Texas, 75801.

Is this property for sale now?

Active Listing: 523 May St 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 $750 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 523 May St has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 523 May St is 2,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 523 May St is 1900.

Rocket Homes›Texas›Anderson County›Palestine›75801›523 May St

This home is located at 523 May St in Palestine, TX and zip code 75801. This 2,120 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $127,500.

While more than 0 listings in Palestine, TX in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. In October 2024 in Palestine, TX there were 15.9% more homes for sale than in September 2024. In October 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $335,000.

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

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