607 N Rainey St, Palestine, TX 75801

$49,000 Asking Price

2 beds
1 bath
1,472  sqft

Prime investment opportunity in downtown Palestine, TX: this property features two adjacent lots, one with a house and the other a vacant corner lot. The existing home offers potential for renovation and increased value. Ideal for developers or investors looking to capitalize on the strategic location and growth potential.


Features & Amenities

Interior

General:
Other/See Remarks
Dining:
Kitchen/Eating Combo
Flooring:
Wood,Laminate
A/C:
None
Heating:
None
Fireplace:
None

Exterior

General:
Patio Covered
Style:
Traditional
Other Structures:
None
Pool:
None

Construction

Roofing:
Composition
General:
Wood Based Siding, 1 Story, Other/See Remarks

Location

County:
Anderson

Lot

Zoning:
DEBARD BLOCK U LOT 4A;DEBARD BLOCK U LOT 4B
Fencing:
Other/See Remarks

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Mission Real Estate Group, Dale Iley

About Palestine, TX

Housing

Number of Units
13,389
Median Home Value
$122,478
Median Rent
$621

31.36% of housing units are renter occupied.

12.90% are vacant.

Commute

Car
93.30%
Public Transportation
0.41%
Walk to Work
0.66%
Work from Home
4.36%
Other
1.24%

The median travel time to work is 20 minutes.

People

Population
38,982
Median Age
38.30
Median Household Size
2.72

Education

High School
40.96%
Associate’s Degree
7.22%
Bachelor’s Degree
7.32%
Graduate Degree
3.93%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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