Palestine Homes under $500,000

Welcome to Palestine, Texas – a charming city that beautifully blends rich history with modern living. Nestled in Anderson County, Palestine is renowned for its warm hospitality, vibrant community, and picturesque landscapes. With a population of just over 18,000 residents, this city offers a close-knit, small-town atmosphere while providing access to all the amenities you could desire.

Palestine is steeped in history, featuring stunning architecture from the late 19th and early 20th centuries, including the iconic Palestine Depot and the historic downtown district. The city is surrounded by lush pine forests and scenic lakes, making it an outdoor enthusiast’s paradise. Whether you enjoy hiking, fishing, or simply taking in the natural beauty, Palestine has something for everyone.

For those seeking a home in this delightful community, you’ll be pleased to discover a range of affordable options. Homes under $500,000 are plentiful, offering buyers the chance to find their dream residence without breaking the bank. From charming bungalows to spacious family homes, there’s a perfect fit for every lifestyle. Many properties boast large yards, modern amenities, and easy access to local parks and schools.

Palestine is not just a place to live; it’s a place to thrive. With a strong sense of community, excellent schools, and a variety of local events throughout the year, you’ll quickly feel at home in this welcoming city. Explore the possibilities of homeownership in Palestine, Texas, and discover the perfect blend of comfort, affordability, and charm!

Newest Palestine Homes under $500,000

$179,900

2 Beds ⋅ 1 Baths ⋅ 21416404 MLS

Fall in love with this charming, cottage-style home on a beloved street! This home features large living areas and spacious bedrooms. Abundant windows in every room fill the space with beautiful natural light. The exterior has been freshly painted and a new roof installed for instant curb appeal and equity. Enjoy the privacy of the fenced backyard and large covered patio. A dedicated laundry room and one car garage provide added convenience and storage. This property has the space, charm and comfort you are looking for in a place to call home!

1018 Woodland Dr, Palestine

$325,000

4 Beds ⋅ 3 Baths ⋅ 21416327 MLS

Located in Palestine, Texas, this 4 bedroom, 3 bathroom home sits on 14 acres, offering space, privacy, and endless possibilities. With 2,472 square feet, the layout provides a functional design suited for everyday living and hosting. Inside, you’ll find an open concept floor plan with spacious living areas that flow easily from room to room. The kitchen offers ample counter space and storage, making it a central gathering spot for meals and entertaining. The primary suite features a private bathroom and a generously sized layout, while the additional bedrooms and bathrooms are positioned to comfortably accommodate family or guests. Outside, the 14 acre property gives you room to expand, explore, and make it your own. A large pond adds to the appeal, perfect for enjoying the outdoors, attracting wildlife, or simply taking in the East Texas landscape. Whether you’re looking to have animals, build additional structures, or create your own private retreat, this property offers flexibility to fit your vision. If you’ve been searching for acreage in East Texas with a solid layout, water feature, and room to grow, this is an opportunity worth seeing!

11340 Fm 315, Palestine

$85,000

3 Beds ⋅ 1 Baths ⋅ 21408072 MLS

Looking for an investment property or a home to build equity? This could be the one! The current owner has just replaced the roof and completely rebuilt the foundation, all that is missing are the finishing touches. Homes in this price point rarely come available in this location. With excellent rental potential and close proximity to Loop 256 in the growing town of Palestine, this is a smart investment. To be sold as is.

1806 N Link St, Palestine

$213,000

3 Beds ⋅ 2 Baths ⋅ 21397873 MLS

INCREDIBLE BUYER INCENTIVES: $3,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $3,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 1113 Sylvan Ave is a one-story Palestine home with 3 bedrooms, 2 bathrooms and 2,176 square feet of living area. The kitchen has white cabinets, a sink beneath the window and space for dining nearby. Separate living areas give the home more than one place to gather, including a room with a fireplace. The bedrooms sit beyond the main living spaces, while rear doors provide access to the yard. A garage adds covered parking and room for storage. The broad single-level layout makes the kitchen, living rooms and outdoor area easy to use together. Home comes with a 100-Day Home Warranty

1113 S Sylvan Ave, Palestine

$269,500

3 Beds ⋅ 2 Baths ⋅ 21397786 MLS

Town and Country! Enjoy the best of both worlds in this charming 3-bedroom, 2-bath home located on the desirable north side of town less than a mile from Davey Dogwood Park and Wildcat Golf Course offering proximity to amenities but no city taxes! Situated on a large lot, the property features a spacious, fenced backyard as well as a shop with electricity, offering a versatile space for a workshop, hobbies or storage. Inside, warm wood features and a cozy fireplace create an inviting atmosphere full of character. The AC was just replaced for extra piece of mind. This one truly feels like home, don't miss it!

1690 An County Road 359, Palestine

$142,000

3 Beds ⋅ 2 Baths ⋅ 21385702 MLS

Investor and rehab opportunity in Palestine! This 3-bedroom, 2-bathroom property at 109 E Gooch Street is being offered AS-IS and the seller prefers an all-cash offer. Bring your vision and explore the possibilities this property has to offer. Some photos have been digitally enhanced or generated using AI to illustrate potential repair, renovation, and design possibilities and are not intended to represent the property's current condition. Buyer and buyer's agent should independently verify all information and conduct their own inspections and due diligence. Seller will make no repairs. Great opportunity for an investor, renovator, or buyer looking for a project with potential. Photos have been Digitally and AI enhanced - to show Buyers & Interested Party's homes hidden potential.

109 E Gooch St, Palestine

$315,000

4 Beds ⋅ 2 Baths ⋅ 21384775 MLS

Set on approximately 3.52 acres just outside of Palestine, this charming farmhouse offers the space, character, and versatility of country living. With approximately 2,430 square feet, the home features 4 bedrooms and 2 baths, including two bedrooms and a bath downstairs and two bedrooms and a bath upstairs. Spacious living and dining areas provide plenty of room to gather, while a covered back porch offers a great spot to relax and enjoy the property. Mature trees, including pecan trees, add to the peaceful country setting, and a detached garage provides additional space for storage, hobbies, or projects. With acreage to enjoy and plenty of room both inside and out, this property is ready for its next chapter.

3357 E Fm 323, Palestine

$290,000

3 Beds ⋅ 2 Baths ⋅ 21379147 MLS

Discover the charm of this fully furnished 3-bedroom, 2-bathroom house located at 6899 TX-19, Palestine, TX 75803. With a generous living area of 1,350 square feet, this home accords a comfortable and cozy space for relaxation and everyday living. Situated on a sprawling 8.132-acre lot, this property provides ample space for outdoor activities and future expansion possibilities. The exterior features a distinctive metal siding that adds a contemporary touch to the rural landscape. Surrounded by lush greenery and mature trees, the setting is both serene and picturesque, offering a sense of tranquility and privacy. The expansive grounds are appropriate for those who appreciate nature, with plenty of room to explore and enjoy the outdoors. The property’s expansive lot size also accords potential for various outdoor amenities or landscaping projects. Inside, the house is thoughtfully designed to maximize space and functionality, making it a practical choice for diverse living arrangements. This property presents a unique opportunity to own a piece of Texas countryside while enjoying the comforts of a well-maintained home. Whether you're looking for a peaceful retreat or a place with room to grow, this property is sure to meet your needs. Don’t miss the chance to make this versatile and spacious home your own, providing a superb blend of indoor comfort and outdoor freedom.

6899 Tx-19 Hwy, Palestine

$199,000

3 Beds ⋅ 2 Baths ⋅ 21366367 MLS

Lovely brick home located in a desirable neighborhood in Palestine! This 3-bedroom home has been completely updated and is MOVE IN READY! Too many updates to list, but include a new roof, new concrete in carport, new plumbing and light fixtures, fresh paint and new flooring throughout. The kitchen and dining area open to a spacious covered deck that overlooks the backyard with new privacy fence. The primary suite has a private half bath. Additional flex room is ideal for an office or walk in pantry-storage. Call for an appointment to see it today! Virtual staging has been used to help you visualize the amazing potential of this blank slate! Seller is willing to contribute to landscaping package with an accepted offer!

130 Hillcrest Dr, Palestine

$349,900

3 Beds ⋅ 3 Baths ⋅ 21373989 MLS

Custom 3-bedroom, 2-bath brick home situated on approximately 2 acres in a peaceful rural community. Spacious floor plan features a large living room, formal dining room with built-in cabinetry, and a generously sized kitchen with island and ample workspace. Large bedrooms provide plenty of room for family and guests. Enjoy additional living space or year-round relaxation in the enclosed back porch overlooking the property. A detached 2-car garage or workshop offers excellent space for vehicles, hobbies, storage, or projects. A wonderful opportunity to enjoy country living with plenty of space, privacy, and room to make it your own.

2299 Farm To Market, Palestine

$129,900

3 Beds ⋅ 2 Baths ⋅ 21372412 MLS

This property will impress you! A beautiful 1.45-acre piece of land with a large home and wonderful fields to enjoy and manage. The home features a recently updated interior along with a freshly painted exterior, creating a clean, refreshed feel that's ready for its next owner. Outside, mature large trees provide shade and character while the oversized lot offers plenty of room to spread out and enjoy the East Texas setting. A detached workshop with a garage door provides excellent space for storage, tools, equipment, hobbies, or a dedicated workspace. The property also offers additional space with potential for a manufactured home or RV hookup, adding another level of versatility for extended family, guests, recreational use, or future plans. With 1.45 acres, established trees, useful improvements, and room to make the property your own, this is a great opportunity to enjoy country-style space while remaining convenient to Palestine. Come see the possibilities this unique property has to offer!

2071 W Point Tap Rd, Palestine

$134,900

3 Beds ⋅ 2 Baths ⋅ 21356370 MLS

Calling all investors or savvy homeowners. Unique opportunity to live in a fully remodeled 2 bedroom and 1 remodeled bath unit, while collecting income from the rented garage conversion with ¾ bath, kitchenet, laundry, and upstairs loft. Unit #A offers a fully covered front porch. Enter the formal living & dining rooms. Living space is open to the all-new kitchen with all new cabinets, full height subway tile backsplash, butcher block counters, range with vented hood, dish washer, refrigerator & statement light fixture. Spacious bedrooms with new windows, ceiling fan, and storage. Bathroom offers full-size step-in shower with sliding glass doors, and all new fixtures. New laminate wood flooring throughout. Exterior is clad with metal siding and a metal roof to endure the elements with ease. Unit #A pays for water and trash for both units. Separate electrical service. Unit #B is currently rented though Sept 30, 2026 for $500 per mo.

401 W Carolina St, Palestine

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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Palestine Homes under $500,000

Newest Palestine Homes under $500,000

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