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$325,000

$349,000

519 An County Road 450, Palestine, TX, 75803

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,559 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.47 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesGas Oven, Gas Water Heater, Microwave, Vented Exhaust Fan, Washer
FlooringHardwood, Vinyl

Exterior

Lot Size11.30 acres

Building Information

Year Built1962
Garage Spaces1

Land Information

APN10468
SubdivisionGeorge Anding
Land UseAgriculture / Farming
Legal DescriptionA0003 ANDING, GEORGE BLOCK 1552 TRACT 4
Census Tract951100
Assessed Land Value$96,333
Assessed Improvement Value$92,453
Assessment Year2025

About this property

Rare opportunity to own 20 acres of beautiful East Texas countryside in Palestine, Texas! Surrounded by mature cedar, oak, and pine trees, this scenic property offers the perfect blend of privacy, recreation, and potential. Whether you're looking for a weekend retreat, hunting property, investment opportunity, hobby farm, or the ideal setting to build your dream estate, the possibilities are endless. The property includes a vintage 1960s home ready for renovation and your personal touch. Featuring 3 bedrooms, 1 bathroom, and a charming brick fireplace in the living room, the home provides a solid foundation for restoration or future plans. Enjoy peaceful country living with plenty of room to roam, ride ATVs, explore nature, and take in the beauty and tranquility that East Texas is known for. Escape the hustle and bustle of city life while still being conveniently located near the amenities of Palestine. Properties with this much acreage, character, and potential are hard to find, don't miss this unique opportunity! Home being sold AS-IS.

Investor Tools

$0Estimated Mortgage Balance
$188,786Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Amy Downs

DHS Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,977
$188,786
2025
$96,333
$92,453
$188,786
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,977
$188,786

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,786
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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