23 photos
$140,000
707 N John St
Palestine, TX 75801
Daniel Nunez, COMBINED ASSOCIATES · (903) 948-0492
What the listing says
Owner financing is available with 20% down, 8% interest, and a 10-year term! This unique Victorian-era property near downtown Palestine offers excellent income-producing potential with multiple living spaces. The main home is configured as a duplex featuring two separate 1-bedroom, 1-bath units, each with its own kitchen, spacious high ceilings, and beautiful hardwood floors. Recent improvements include a new roof installed in 2025 and a new HVAC system added in 2024. The property also includes a 308 sq. ft. accessory dwelling unit with its own bathroom and a metal roof installed in 2024. This additional space offers plenty of possibilities for rental income, guest accommodations, a home office, or additional storage. Covered front and back porches add to the historic character and functionality of the property. With multiple potential income-producing spaces, recent upgrades, and a convenient location near downtown Palestine, this property offers a great opportunity for investors, owner-occupants, or buyers looking for flexible living arrangements.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Single Family
Lot Size
8,041.176 sq ft
HOA
None
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Questions about owner financing in Palestine
What is owner financing for 707 N John St?
Owner financing means the seller of 707 N John St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Palestine, TX home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Palestine home?
There is no standard down payment. The seller of this Palestine home sets their own, and it is negotiable. Ask the seller or their agent.