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$95,000

713 Highland Drive, Palestine, TX, 75801

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths874 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.7 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesElectric Oven, Electric Range, Microwave

Exterior

Lot Size8,917 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN32451
SubdivisionWilliam Lynes Subdivision
Land UseResidential
Legal DescriptionLYNE, WM BLOCK 1 LOT 4B & 5B
Census Tract950800
Assessed Land Value$8,918
Assessed Improvement Value$71,529
Assessment Year2025

About this property

Charming 1950 Craftsman filled with character and timeless appeal. This 2-bedroom, 1-bath home offers approximately 874 square feet with a functional layout and inviting living spaces. Original hardwood floors run through much of the home, adding warmth and charm, while the cozy living and dining areas make for comfortable everyday living. The bedrooms are well-sized and offer flexibility for a variety of needs. This home presents a great opportunity for buyers to make it their own over time while enjoying its classic style and solid feel. Ideal for a first-time buyer, to downsize, or investor looking for a property with personality and potential.

Investor Tools

$33,404Estimated Mortgage Balance
$70,596Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$624 /month
Positive
Cash Flow Estimate:
$208 /month

Interested in this property?

Charlotte Williams

Keller Williams Realty-Tyler

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,763
$80,447
2025
$8,918
$71,529
$80,447
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,763
$80,447

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southside Bank
Fha
$47,004
Yes
First
Aug 20, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,404
$70,596
67%
32%
$0/mo

City: Palestine