823 S Magnolia St, Palestine, TX, 75801
About This Home
Step through the front door of this historic home and take in the spacious sunny foyer and living room. This home was built with space in mind – no hallways! The open layout allows for you to personalize how to use each room. The first floor has a completely updated kitchen with a large island, utilizing every square foot for storage. Walk back to a bedroom with a large closet and lots of charm. The laundry area is by the back door and the w/d are staying. The parlor with a fireplace was used as the main bedroom by the seller. This two story built in 1907 offers potential income. The second floor has two entries/exits and is separated from the first floor by an interior door. The second story has three bedrooms, a sitting area and a kitchenette with more cabinets and porcelain sink. The bathroom has a claw foot tub with a custom made vanity and two sinks. The bathroom can be heated independently for a warm bath time. The home has had major renovations to all main systems such as, electrical, leveling, plumbing and installations of light fixtures and fans. The .5+/- acre large yard is completely fenced and the front porch offers a porch swing and fans for morning coffee. There is a 3 car carport for parking. There are mature pecan trees, persimmon, roses, wisteria and more. The seller updated the home with new owners in mind. The roof will need to be replaced in 1-2 years and the seller has given credit for that in the price. A complete list of all updates, repairs and upgrades will be available. A letter of financial approval is required for showing.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1907
Materials
- Foundation: Pillar/Post/Pier
- Roof: Other/See Remarks
- Construction materials: Other/See Remarks,Attic/Crawl Hatchway(s) Insulated
Type & Style
- Home type: SingleFamily
- Architectural style: Other/See Remarks
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven-Gas,Dishwasher,Refrigerator
Bathroom
- Features: Shower/Tub
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s),Other/See Remarks,Kitchen Island
- Flooring: Stone,Vinyl Plank
- Fireplace features: Gas Log,Master Bedroom
- Fireplace: Yes
Heating & Cooling
- Heating features: Other/See Remarks
- Cooling features: Window Unit(s),Other/See Remarks
Interior Area
- Total structure area: 2,612
- Total interior livable area: 2,612 sqft
Kitchen
- Features: Breakfast Bar
Property
Details
- Parcel number: 34961
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch
- Exterior features: Gutter(s)
- Fencing: Wood,Chain Link
Lot
- Features: Corner Lot
Parking
- Parking features: Detached
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Heat Wave
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,147 | $13,764 |
| Home Insurance * | $242 | $2,904 |
| Property Taxes | $112 | $1,344 |
| Electricity | $286 | $3,441 |
| Total | $1,787 | $21,444 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-09 | Listed for sale | $227,000 |
| 2013-11-20 | Sold | -- |
| 2013-07-18 | Price change | $59,900 |
| 2013-05-14 | Price change | $65,000 |
| 2012-11-14 | Price change | $70,000 |
| 2012-09-14 | Listed for sale | $89,900 |
For Sale by Agent
View on Zillow