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$120,000

914 S Micheaux St, Palestine, TX, 75801

$128,086 ARVInfo
PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,156 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.81 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size6,538 sqft

Building Information

Year Built1938

Land Information

APN36869
Lot Number7
SubdivisionWrights Second Addition
Land UseResidential
Legal DescriptionWRIGHTS 2ND BLOCK 1 LOT 7
Census Tract950800
Assessed Land Value$5,230
Assessed Improvement Value$112,910
Assessment Year2025

About this property

Here's the revised version with the corner lot feature included: Charming and move-in ready 2-bedroom, 1.5-bath home in Palestine, TX! Situated on a desirable corner lot, this well-maintained property features updated flooring throughout and replacement windows installed approximately two years ago, providing improved energy efficiency and a fresh, modern feel. The functional floor plan offers comfortable living spaces, spacious bedrooms, and one and 1.5 bathrooms for added convenience. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers great value and low-maintenance living. Conveniently located near local amenities, shopping, dining, and schools. Schedule your showing today! For a stronger MLS-style description, you could also say "Situated on a spacious corner lot" if the lot size is a selling point.

Investor Tools

$76,332Estimated Mortgage Balance
$52,668Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$128,085
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,192
$118,140
2025
$5,230
$112,910
$118,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,192
$118,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cendera Funding Inc
Fha
$85,325
Yes
First
Jul 12, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,332
$52,668
40%
59%
$545/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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