Owner financing available with 20% down, 8% interest, and a 10-year term. Great investment opportunity! This charming Victorian-era duplex near downtown Palestine features two 1-bed, 1-bath units, each with its own kitchen, high ceilings, and hardwood floors. Recent updates include a new roof in 2025 and new HVAC system in 2024. The property also includes a 308 sqft ADU with its own bathroom and a metal roof installed in 2024—perfect for extra rental income, a guest space, or office. Both front and back porches are covered, adding to the home's character and functionality. With three rentable units and modern upgrades, this property is ideal for investors, house hackers, or anyone looking to generate steady income while enjoying the charm of a historic home.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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