607 North Rainey Street

Palestine, TX 75801

$54,000
Last List Price
2
Beds
1
Bath
1,472 Sq. Ft.
$37 / Sq. Ft.
1,472
Sq. Ft.
$37
per Sq. Ft.

Description

Prime investment opportunity in downtown Palestine, TX: this property features two adjacent lots, one with a house and the other a vacant corner lot. The existing home offers potential for renovation and increased value. Ideal for developers or investors looking to capitalize on the strategic location and growth potential.Prime investment opportunity in downtown Palestine, TX: this property features two adjacent lots, one with a house and the other a vacant corner lot. The existing home offers potential for renovation and increased value. Ideal for developers or investors looking to capitalize on the strategic location and growth potential.
  1. Listed by Dale Iley • TREC #0554437 • Mission Real Estate Group

Property Details for 607 North Rainey Street

Waterfront
No
STYLE
Traditional
LISTING UPDATED: 11/27/2024 04:55 PM

Property Details for 607 North Rainey Street

StatusSold
MLS #24008173
Days on Market151
Taxes$1,119 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built-
Lot Size0.27 AC / 11,761 SF
CountyAnderson County

Building Information for 607 North Rainey Street

Stories1Year Built-Building Size-Lot Size0.27 AC / 11,761 SF

Property Information for 607 North Rainey Street

Summary
Location and General Information
  • County: Anderson
  • Waterview: No
  • Directions: Head northeast on TX-256 Loop E toward Threll St/N Virginia Ave//Turn right at the 2nd cross street onto N Jackson St/Turn left onto W Lacy St/ Turn left onto N Rainey St
  • City: Palestine
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: 1119
  • Tax Year: 2023
Parking
  • Garage: 0.0
School Information
  • Elementary: Palestine
  • Middle School: Palestine
  • High School: Palestine
Property
Property and Assessments
  • Appraisal District Number: 29053,29054
  • Class: RESIDENTIAL
  • Year of Construction: 0
  • Foreclosure/Bank Owned Y/N: No
  • Legal: DEBARD BLOCK U LOT 4A;DEBARD BLOCK U LOT 4B
Lot Information
  • Approx SqFt: 1472
  • LOT/LAND DESCRIPTION: Corner
  • Total Number of Acres: 0.27
Utilities
  • SEWER: Public Sewer
  • WATER: Public
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Wood Based Siding
  • EXTERIOR: Patio Covered
  • OUTBUILDINGS: None
  • FENCING: Other/See Remarks
  • POOL/SPA: None
  • ROOF: Composition
  • FOUNDATION: Other/See Remarks
Interior Features
  • FIREPLACE: None
  • # Bedrooms: 2.0
  • BEDROOM DESCRIPTION: All Bedrooms Downstairs
  • COOLING: None
  • HEATING: None
  • LEVELS: 1 Story
  • # Full Baths: 1.0
  • # Half Baths: 0.0
  • BATH DESCRIPTION: Shower/Tub
  • DINING AREAS: Kitchen/Eating Combo
  • INTERIOR: Other/See Remarks
  • FLOORING: Wood, Laminate
  • KITCHEN EQUIPMENT: Pantry
  • ROOM DESCRIPTION: 1 Living Area

Property History for 607 North Rainey Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 607 North Rainey Street

Taxable ValueLand$2,268Additions$44,951Total$47,219
Tax Record2022$982 ($82 / month)
Home Facts
Beds0Total Finished SqFt1,004 SqFtAbove Grade Finished SqFt1,004 SqFtLot Size5,040 SqFtStyleSingle Family ResidenceYear Built1900CountyANDERSONAPN29053

Schools near 607 North Rainey Street

This home is within Palestine Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 3
Public - 4 to 6
Public - 7 to 8
Rating
School
Distance
Northside Primary
PublicK to 1

Southside Elementary School
Public2 to 3

Story Intermediate School
Public4 to 6

Palestine J High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mission Real Estate Group, Dale Iley, TREC #0554437

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.