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.

Key Features

  • Built in 1949
  • 0.26 acre lot

Property Details

1 full
1949

Amenities

Hardwood
Listing 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!

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

VinylTileHardwood

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 $268 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

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.

LA

Lou Anderson

Agent at Landmark Realty

Listed by Landmark Realty · Broker phone: (903) 729-4000 · Broker website

MLS# 96794· Source: Palestine Association of Realtors· 987 days on PropertySimple

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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