Active

Price cut: $5K (8/6)

$74,900

504 W Lacy St, Palestine, TX 75801

2beds

1,078sqft

$571/mo

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Residential

Built in 1925

3,497 Square Feet Lot

$-- Zestimate^®

$69/sqft

$-- HOA

What's special

Opportunity awaits in this charming 2-bedroom, 1-bath home conveniently located downtown! Whether you're a first-time homebuyer looking to build equity, an investor searching for your next renovation project, or someone seeking a potential rental property, this home offers endless possibilities. With its strong investment potential, this property is ready for your vision and personal touches. Owner financing is available with 10% down, 10% interest, and a 10-year term, making homeownership and investing more accessible than ever. Don't miss this affordable opportunity to own a property with great potential!

80 days
497
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Kitchen/Dining Combo

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Gas Water Heater

Features

None
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,078
Total interior livable area: 1,078 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Concrete
Has uncovered spaces: Yes

Features

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

Lot

Size: 3,497 Square Feet

Details

Parcel number: R29155

Construction

Type & style

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

Materials

Frame
Roof: Composition

Condition

Year built: 1925

Utilities & green energy

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

Community & HOA

Community

Subdivision: Debard

Location

Region: Palestine

Financial & listing details

Price per square foot: $69/sqft
Tax assessed value: $56,496
Annual tax amount: $1,237
Date on market: 6/12/2026
Listing terms: Cash,Owner Will Carry,3rd Party Only

Estimated market value

Not available

Estimated sales range

Not available

$1,246/mo

Price history

Date	Event	Price
8/6/2026	Price change	$74,900-6.3%$69/sqft
Source: Palestine AOR #103452 Report a problem
6/12/2026	Listed for sale	$79,900$74/sqft
Source: Palestine AOR #103452 Report a problem
1/28/2025	Listing removed	$900$1/sqft
Source: Zillow Rentals Report a problem
1/24/2025	Listed for rent	$900+12.5%$1/sqft
Source: Zillow Rentals Report a problem
1/28/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
1/22/2022	Listed for rent	$800+18.5%$1/sqft
Source: Zillow Rental Manager Report a problem
2/27/2021	Listing removed	--
Source: Owner Report a problem
10/22/2020	Listing removed	$675$1/sqft
Source: Owner Report a problem
10/20/2020	Price change	$675-10%$1/sqft
Source: Owner Report a problem
10/9/2020	Listed for rent	$750+20%$1/sqft
Source: Owner Report a problem
6/22/2018	Listing removed	$625$1/sqft
Source: Owner Report a problem
6/9/2018	Listed for rent	$625$1/sqft
Source: Owner Report a problem
4/1/2014	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,238 -0.9%	$56,496
2024	$1,249 -0.2%	$56,496 -0.1%
2023	$1,252 +15%	$56,531 +33.4%
2022	$1,088 +9.6%	$42,382 +14.9%
2021	$993	$36,883 +20.1%
2020	--	$30,714 +39.9%
2018	$619	$21,953 +3.1%
2017	--	$21,299
2016	--	$21,299 +2.1%
2015	--	$20,864 -19%
2014	--	$25,764 +2.1%
2013	--	$25,223
2012	--	$25,223
2011	--	$25,223
2010	--	$25,223 -2.6%
2009	--	$25,903 +0%
2008	--	$25,900 -16.6%
2007	--	$31,070