Sold

Price Unknown

407 Gay Ave, Palestine, TX 75801

3beds

2,440sqft

Single Family Residence

Built in 1936

1.07 Acres Lot

$119,500 Zestimate^®

$--/sqft

$2,118 Estimated rent

Home value

$119,500

Estimated sales range

Not available

$2,118/mo

Zestimate^® history

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$2,118/mo

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What's special

Original hardwood floorsClassic brick exterior

Rare Investor Opportunity! Step back in time with this 1930 Tudor-style home, a property overflowing with so much original character and timeless architectural appeal. From the classic brick exterior to the original hardwood floors, this residence is a dream project for those looking to restore a piece of history. Situated on a spacious 1.07-acre lot, the property offers incredible room for expansion, redevelopment, or a high-end renovation. The home is being sold AS-IS and requires updates, including repair to a roof leak in the kitchen area. Cooling is provided by window units, and a gas heater serves the home. All furnishings convey, making this a true "turnkey" restoration project. Bring your vision and unlock the immense potential of this unique, character-filled gem!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: None

Bedroom

Features: Other/See Remarks

Bathroom

Features: Shower and Tub

Dining room

Features: Separate Formal Dining

Heating

Other/See Remarks

Cooling

Window Unit(s)

Appliances

Included: Range/Oven-Electric, Other/See Remarks

Features

Other/See Remarks
Has basement: Yes
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 2,440
Total interior livable area: 2,440 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: Other/See Remarks
Exterior features: Other/See Remarks
Pool features: None
Fencing: None

Lot

Size: 1.07 Acres
Features: Other/See Remarks

Details

Additional structures: None
Parcel number: 33738
Special conditions: Other/See Remarks

Construction

Type & style

Home type: SingleFamily
Architectural style: Other/See Remarks
Property subtype: Single Family Residence

Materials

Brick and Stone
Foundation: Slab, Pillar/Post/Pier, Combination, Other/See Remarks, Basement
Roof: Aluminum/Metal

Condition

Year built: 1936

Community & HOA

Community

Subdivision: Oakdale Drive

HOA

Has HOA: No

Location

Region: Palestine

Financial & listing details

Tax assessed value: $199,688
Annual tax amount: $4,275
Date on market: 1/14/2026

Price history

Date	Event	Price
5/7/2026	Sold	--
Source: GTARMLS #26000691 Report a problem
4/6/2026	Pending sale	$120,000$49/sqft
Source: GTARMLS #26000691 Report a problem
3/23/2026	Price change	$120,000-7.7%$49/sqft
Source: GTARMLS #26000691 Report a problem
2/18/2026	Price change	$130,000-7.1%$53/sqft
Source: GTARMLS #26000691 Report a problem
1/14/2026	Listed for sale	$140,000-6.4%$57/sqft
Source: GTARMLS #26000691 Report a problem
11/8/2025	Listing removed	$149,500$61/sqft
Source: Palestine AOR #101453 Report a problem
9/10/2025	Price change	$149,500-3.5%$61/sqft
Source: Palestine AOR #101453 Report a problem
8/14/2025	Listed for sale	$155,000-2.5%$64/sqft
Source: Palestine AOR #101453 Report a problem
6/14/2025	Listing removed	--
Source: Owner Report a problem
5/23/2025	Listed for sale	$159,000$65/sqft
Source: Owner Report a problem
5/20/2025	Pending sale	$159,000$65/sqft
Source: Owner Report a problem
4/27/2025	Listed for sale	$159,000$65/sqft
Source: Owner Report a problem
2/8/2025	Listing removed	--
Source: Owner Report a problem
11/10/2024	Listed for sale	$159,000-20.5%$65/sqft
Source: Owner Report a problem
8/15/2024	Listing removed	$200,000$82/sqft
Source: Palestine AOR #94226 Report a problem
4/26/2024	Price change	$200,000-7.8%$82/sqft
Source: Palestine AOR #94226 Report a problem
2/29/2024	Listed for sale	$217,000+0.9%$89/sqft
Source: Palestine AOR #94226 Report a problem
1/4/2024	Listing removed	--
Source: Palestine AOR #94226 Report a problem
12/3/2023	Price change	$215,000-1.8%$88/sqft
Source: Palestine AOR #94226 Report a problem
10/14/2023	Price change	$219,000-4.8%$90/sqft
Source: Palestine AOR #94226 Report a problem
7/17/2023	Listed for sale	$230,000$94/sqft
Source: Palestine AOR #94226 Report a problem
7/17/2023	Listing removed	--
Source: Palestine AOR #94129 Report a problem
6/14/2023	Listed for sale	$230,000+53.8%$94/sqft
Source: Palestine AOR #94129 Report a problem
6/13/2022	Sold	--
Source: GTARMLS #10147456 Report a problem
3/29/2022	Listed for sale	$149,500$61/sqft
Source: Palestine AOR #92535 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,375 +57.5%	$199,688 +59%
2024	$2,778 -47.3%	$125,599 -47.2%
2023	$5,269 +52%	$237,981 +29%
2022	$3,466	$184,511 +24.6%
2021	--	$148,139 +10.6%
2020	--	$133,957
2018	$3,824	$133,957 +1.9%
2017	--	$131,521
2016	--	$131,521 +227.5%
2015	--	$40,160 +16.3%
2014	--	$34,537 -1.9%
2013	--	$35,218 -36.5%
2012	--	$55,485 -0.1%
2011	--	$55,531
2010	--	$55,531 -35.2%
2009	--	$85,698 -34.1%
2008	--	$129,960 +41.4%
2007	--	$91,910