For sale

Price cut: $10K (5/9)

$315,000

121 Blanton Rd, Palestine, TX 75803

2beds

936sqft

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Residential

Built in 1961

3.34 Acres Lot

$297,500 Zestimate^®

$337/sqft

$-- HOA

What's special

Multiple dwellings on acreage

PRICE IMPROVEMENT>>> INCOME POTENTIAL>>> 4 HOMES! Attention Investor's - Westwood ISD! Discover an exceptional income-producing opportunity with four total houses situated on 3.34 acres inside the city limits. Three of the homes are currently occupied and generating $850/month each, providing immediate rental income. The fourth home is livable and ready for your personal updates and TLC—perfect for an owner-occupant wanting to live near their investment or to convert into a fourth rental unit for increased revenue. With ample space, established tenants, and flexible use options, this unique property is ideal for investors seeking steady cash flow and long-term potential. Don't miss this rare chance to own multiple dwellings on acreage in an established area within Westwood ISD!

217 days

38

1

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Kitchen/Dining Combo

Heating

Electric, Central

Cooling

Electric, Wall Unit(s)

Features

Ceiling Fan(s)
Flooring: Wood, Laminate
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 936
Total interior livable area: 936 sqft

Video & virtual tour

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Property

Parking

Parking features: Gravel, Driveway
Has uncovered spaces: Yes

Features

Fencing: None

Lot

Size: 3.34 Acres
Topography: Level

Details

Parcel number: 00000

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential

Materials

Frame
Roof: Composition,Metal

Condition

Year built: 1961

Utilities & green energy

Electric: Champion
Gas: None
Sewer: Public Sewer
Water: Public, City Of Pal

Community & HOA

Community

Subdivision: Moser,J L(Cowart)

Location

Region: Palestine

Financial & listing details

Price per square foot: $337/sqft
Tax assessed value: $137,497
Annual tax amount: $4,363
Date on market: 11/14/2025
Listing terms: Cash,3rd Party Only

Estimated market value

$297,500

$283,000 - $312,000

$1,170/mo

Price history

Date	Event	Price
5/9/2026	Price change	$315,000-3.1%$337/sqft
Source: Palestine AOR #101751 Report a problem
11/14/2025	Listed for sale	$325,000$347/sqft
Source: Palestine AOR #101751 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,901 +0.8%	$137,497
2024	$2,879 -2.8%	$137,497
2023	$2,962 -6.8%	$137,497 +9.1%
2022	$3,179 +35.3%	$126,070 +23.7%
2021	$2,349	$101,920 +133.8%
2020	--	$43,584 +805.2%
2018	$119	$4,815
2017	--	$4,815
2016	--	$4,815
2015	--	$4,815
2014	--	$4,815

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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