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Street View
A+
NoAgentList RatingHow are grades calculated? Info
Days453Days on Market
Views1view

$56,000

607 Larry Street, Palestine, TX, 75803

$72,800 ARVInfo
On MarketInfo
Beds5 Beds
Baths2 Bath
Baths1,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$48.61 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
AppliancesNone
FlooringTile, Wood

Exterior

Lot Size5,828 sqft

Building Information

Year Built1900

Land Information

APN33328
Lot Number8
SubdivisionMurchison & Mcdonald By-Pass
Land UseResidential
Legal DescriptionMURCHISON & MCDONALD BY-PASS BLOCK 7 LOT 8
Census Tract950600
Assessed Land Value$2,915
Assessed Improvement Value$58,143
Assessment Year2025

About this property

Investor Special! This five bedroom, two bath home is a fixer-upper with incredible potential. With the right vision and renovations, this property could be a great rental, flip, or primary residence. Home needs extensive repairs, including updates to roof, foundation, electrical, plumbing, and interior finishes. Great opportunity for cash buyers or investors looking for their next project. Conveniently located near schools, shopping, and major roads. Don’t miss out on this opportunity to bring new life to this home!

Investor Tools

Property Icon
$61,058
Estimated Property Value
$0Estimated Mortgage Balance
$61,058Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$72,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$366 /month
Positive
Cash Flow Estimate:
$122 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,338
$61,058
2025
$2,915
$58,143
$61,058
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,338
$61,058

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$61,058
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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607 Larry Street | Property Details | No Agent List