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B+
NoAgentList RatingHow are grades calculated? Info
Days276Days on Market
Views1view
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$1,149,999

408 Jolly ST, Palestine, TX, 75801

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths10,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.2 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, Down Draft, Electric Cooktop, Electric Range, Microwave, Double Oven, Refrigerator
FlooringCarpet, Parquet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSee Remarks
Lot Size2.33 acres

Building Information

Year Built2000
Garage Spaces4

Land Information

APN15689
SubdivisionWm S Mcdonald
Land UseResidential
Legal DescriptionA0043 MCDONALD, WM S BLOCK 884 TRACT 8
Census Tract950800
Assessed Land Value$48,759
Assessed Improvement Value$796,356
Assessment Year2025

About this property

Welcome to this exceptional Classical Georgian masterpiece on 2.32 acres in the heart of historic Palestine, Texas. Built in2000, this remarkable two-story home beautifully captures the timeless elegance of true Georgian architecture while offering the benefits of modern construction & energy efficiency. From the moment you enter the grand foyer, you’re greeted by a stunning curved staircase with wainscoting & arched hall leading to double doors that open to a wide central hallway—a breathtaking feature running through the heart of the home. To one side of the entry, the walnut-paneled library exudes warmth & sophistication, complete with custom shelving, parquet wood floors, & a wood-burning fireplace. Opposite lies a gracious living room featuring another fireplace, double pocket doors, natural light & exquisite millwork. The grand center hall with scraped wood floors & arched solid wood doors seamlessly connects the main living spaces, including the elegant dining room adorned with a crystal chandelier, upholstered walls, wainscoting, and intricate dentil molding. A well-appointed butler’s pantry with sink, dishwasher, warming drawer, & china closet leads to the chef’s kitchen boasting abundant cabinetry, island, Sub-Zero refrigerator/freezer, Thermador double ovens, Monogram cooktop with downdraft, & Bosch dishwasher. The adjoining breakfast room flows into the inviting family room, where a wall of windows with arched transoms frame serene views of the tree-shaded backyard. A brick fireplace with antique carved mantel anchors the space, while French doors open to an elevated patio perfect for entertaining. The luxurious main-level primary suite includes a private sitting area, dual bathrooms, & two large closets. Upstairs, accessible by elevator or stair, are three to four spacious bedrooms & two baths. The lower level features an indoor lap pool, exercise room, bath, storage, & a third garage—creating the ultimate blend of grandeur, comfort, & practicality.

Investor Tools

Property Icon
$1,138,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

Interested in this property?

Dana Staples

Staples Sotheby's International Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,017/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,517
$845,115
2025
$48,759
$796,356
$845,115
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,517
$845,115

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,138,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Palestine

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408 Jolly ST | Property Details | No Agent List