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Price: $299,999
Property Type: residential
MLS #: 26003176
This waterfront 2 bedroom, 2 bath home on Lake Palestine offers a rare opportunity to enjoy lake life while adding your own finishing touches. Situated on the deep end of the lake with excellent water access and priced at only $299,999, this property is an outstanding opportunity for waterfront living. Built in 1985 with approximately 1,100 sq. ft., the home has undergone extensive updates and improvements. Major upgrades include a 2024 composition roof, mini-split heat pump, all new electrical wiring, Pex plumbing, new insulation, and the home has been leveled. Interior improvements feature new fixtures, energy-efficient LED lighting, laminate and vinyl flooring, replaced subfloors, drywall, and custom finishes. The spacious kitchen features custom cabinetry, granite countertops, stainless appliances, and a new dishwasher, creating a great space for cooking and gathering. The living area showcases large triple windows extending to the ceiling, filling the room with natural light and providing beautiful lake views of both sunrises and sunsets. Outdoor features include a wrap-around front porch, front stairway leading toward the lake, and a large covered concrete patio ideal for a future outdoor kitchen, fireplace, or entertainment space. Additional exterior improvements include a wood deck, exterior siding, and and exterior door. Enjoy direct lake access with a new dock built in 2023, perfect for fishing, boating, swimming, or relaxing by the water. A small amount of work remains, but the big projects have already been completed, giving buyers the opportunity to finish the home to their own taste and needs and create the lake retreat they envision. The home is currently being sold "AS-IS." If you've been dreaming of life on the water, this Lake Palestine property is your chance to create a personalized waterfront escape.
Area: Smith
Lake: Palestine
Year Built: 1985
Bedrooms: Two
Bathrooms: Two
Garage: 0
Acres: 0
CONSTRUCTION : Wood Based Siding
DINING AREAS : Kitchen/Eating Combo
DINING AREAS : Breakfast Bar
FENCING : Metal Fence
FENCING : Chain Link Fence
FIREPLACE : None
INTERIOR : Ceiling Fan
INTERIOR : Cable TV Available
KITCHEN EQUIPMENT : Refrigerator
KITCHEN EQUIPMENT : Pantry
KITCHEN EQUIPMENT : Range/Oven-Electric
KITCHEN EQUIPMENT : Dishwasher
OUTBUILDINGS : Other
OUTBUILDINGS : Storage Building(s)
POOL/SPA : None
STYLE : Manufactured Housing
DRIVEWAY : Gravel
FLOORING : Laminate
FLOORING : Vinyl

Courtesy: Bunn, William • eXp Realty, LLC-Austin • 888-519-7431

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

This content last refreshed on 04/21/2026 01:15 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.