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708 Larry St, Palestine, TX, 75803

3beds
1baths
1,339sqft
$43,000
$32price/sqft
$574/moest. monthly cost
$22,960/yrincome needed

About This Home

Price improvement. Investor Special! Great opportunity for a rental property or remodel project. This home features 3 large bedrooms plus a bonus room—ideal for a home office or lounge. The kitchen has a new counter top,(no appliances included). Oversized bathroom/laundry combo. Flooring needs repair, and while the floor isn't level, there are no noticeable soft spots. Situated on a large city lot—see map in documents. Home is vacant and easy to show. Use the deadbolt lock only. Side door is blocked off from the inside.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

5/10
4/10
7/10
Palestine High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1947

Materials

  • Roof: Composition
  • Construction materials: Frame,HardiPlank Type

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Window Unit(s)
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,339
  • Total interior livable area: 1,339 sqft

Property

Details

  • Parcel number: R30004

Features

  • Exterior features: No Special Features
  • Fencing: None
  • Topography of land: Level

Lot

  • Lot size: 10,254 sqft
  • Features: Typical Lawn

Parking

  • Parking features: Asphalt
  • Has uncovered spaces: 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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Strong Wind
Heat Wave
Ice Storm
Winter Weather

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm
Winter Storm

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

MonthlyAnnual
Mortgage $217$2,604
Home Insurance *$44$528
Property Taxes $75$900
Electricity $238$2,859
Total$574$6,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,680/yr
40% on housing$17,220/yr
45% on housing$15,306/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 5.7%
5.7%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$32This listing

vs Other Active Listings

Avg $/sqft

ZIP 75803$331
Anderson County$209

vs Homes Sold Last Month

Median $/sqft

ZIP 75803$137
Anderson County$124

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)

No zestimate history available

Price History

DateEventPrice
2026-04-29Price change$43,000
2025-12-02Price change$43,500
2025-08-01Listed for sale$52,500

For Sale by Agent

AgentCynthia Castleberry
BrokerageTXNET Properties , LLC.

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