For sale

$30,000

607 Rainey St, Palestine, TX 75801

2beds

1,004sqft

Get pre-qualified

Residential

Built in 1900

0.27 Acres Lot

$-- Zestimate^®

$30/sqft

$-- HOA

What's special

Large corner lotGenerous corner lot

Fixer-Upper on a Generous Corner Lot! This 2 bed, 1 bath home is a true investment opportunity for those ready to roll up their sleeves. Located within city limits on a large corner lot, the property needs substantial work but holds great potential. Whether you're looking to flip, rent, or rebuild, this one is full of possibilities!

86 days

195

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

None

Cooling

None

Features

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

Interior area

Total structure area: 1,004
Total interior livable area: 1,004 sqft

Video & virtual tour

View virtual tour

Property

Features

Exterior features: No Special Features
Fencing: Other

Lot

Size: 0.27 Acres
Topography: Level

Details

Parcel number: R29053, R29054

Construction

Type & style

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

Materials

Other
Roof: Composition

Condition

Year built: 1900

Utilities & green energy

Electric: Unk
Gas: Unk
Sewer: Public Sewer
Water: Public, City

Community & HOA

Community

Subdivision: Debard

Location

Region: Palestine

Financial & listing details

Price per square foot: $30/sqft
Tax assessed value: $29,016
Annual tax amount: $1,107
Date on market: 4/13/2026
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,233/mo

Price history

Date	Event	Price
4/13/2026	Listed for sale	$30,000-25%$30/sqft
Source: Palestine AOR #101386 Report a problem
3/27/2026	Listing removed	$40,000$40/sqft
Source: Palestine AOR #101386 Report a problem
7/29/2025	Listed for sale	$40,000$40/sqft
Source: Palestine AOR #101386 Report a problem
11/26/2024	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$636 -39.1%	$29,016 -38.6%
2024	$1,044 -0.4%	$47,219 -0.3%
2023	$1,048 +6.8%	$47,342 +23.8%
2022	$982 +10.3%	$38,236 +15.7%
2021	$890 +17.1%	$33,059 +19.7%
2020	$760 +62%	$27,623 +66.4%
2018	$469	$16,605 +2.9%
2017	--	$16,132
2016	--	$16,132 +2%
2015	--	$15,816
2014	--	$15,816 +1.8%
2013	--	$15,533
2012	--	$15,533
2011	--	$15,533
2010	--	$15,533 -2.5%
2009	--	$15,925 0%
2008	--	$15,930 -3.2%
2007	--	$16,450

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified