Active

Price cut: $1.5K (6/25)

$63,000

305 Lakeview Ave, Palestine, TX 75801

3beds

1,176sqft

$481/mo

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Residential

Built in ----

4,965 Square Feet Lot

$-- Zestimate^®

$54/sqft

$-- HOA

What's special

Formal dining areaKitchen with solid cabinetry

Investor Opportunity Near Downtown Palestine. Attention investors and renovators! This 3-bedroom, 1-bath home is located in an established neighborhood just minutes from downtown Palestine and local parks. Offering great potential, this property is ready for updates and your creative vision. Features include a spacious living room, formal dining area, and kitchen with solid cabinetry ready for restoration. A new 30-year architectural roof was installed in 2024 on both the home and garage, and a new porch roof was also added the same year — a major improvement already completed. Property is being sold as-is and presents an excellent opportunity for investment, rental, or personal renovation project. Owner financing available with 20% down, 10% interest, 5-year term. Don't miss this value-add opportunity in a convenient location.

214 days
180
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Dining Room

Heating

None

Cooling

None

Appliances

Included: None, Other

Features

No Special Features
Flooring: Hardwood
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,176
Total interior livable area: 1,176 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Concrete
Has uncovered spaces: Yes

Features

Patio & porch: Covered, Front Porch
Exterior features: No Special Features
Fencing: Chain Link

Lot

Size: 4,965 Square Feet
Topography: Level

Details

Parcel number: 32789

Construction

Type & style

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

Materials

Frame, Vinyl Siding
Roof: Composition

Utilities & green energy

Electric: Txu
Gas: Atmos
Sewer: Public Sewer
Water: Public, City

Community & HOA

Community

Subdivision: Michaux Park

Location

Region: Palestine

Financial & listing details

Price per square foot: $54/sqft
Tax assessed value: $52,750
Annual tax amount: $1,236
Date on market: 2/4/2026
Listing terms: Cash,Owner Will Carry,3rd Party Only

Estimated market value

Not available

Estimated sales range

Not available

$1,342/mo

Price history

Date	Event	Price
6/25/2026	Price change	$63,000-2.3%$54/sqft
Source: Palestine AOR #102994 Report a problem
5/1/2026	Price change	$64,500-0.8%$55/sqft
Source: Palestine AOR #102994 Report a problem
2/4/2026	Listed for sale	$65,000+30.7%$55/sqft
Source: Palestine AOR #102994 Report a problem
3/15/2024	Listing removed	--
Source: Palestine AOR #95379 Report a problem
11/17/2023	Price change	$49,750-16%$42/sqft
Source: Palestine AOR #95379 Report a problem
8/23/2023	Listed for sale	$59,250$50/sqft
Source: GTARMLS #23011444 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,156 -14.1%	$52,750 -13.3%
2024	$1,346 -14.4%	$60,869 -14.3%
2023	$1,572 +20.4%	$71,008 +39.6%
2022	$1,306 +0%	$50,866 +4.8%
2021	$1,306	$48,522 +13.2%
2020	--	$42,872
2018	$1,247	$42,872
2017	--	$42,872
2016	--	$42,872 +2.7%
2015	--	$41,731
2014	--	$41,731
2013	--	$41,731
2012	--	$41,731
2011	--	$41,731
2010	--	$41,731 -1.2%
2009	--	$42,235 0%
2008	--	$42,240 +28.3%
2007	--	$32,930