407 Gay Ave

2,440 Sq. Ft.
$53 / Sq. Ft.
2,440
Sq. Ft.
$53
per Sq. Ft.

Description

Rare Investor Opportunity! Step back in time with this 1930 Tudor-style home, a property overflowing with so much original character and timeless architectural appeal. From the classic brick exterior to the original hardwood floors, this residence is a dream project for those looking to restore a piece of history. Situated on a spacious 1.07-acre lot, the property offers incredible room for expansion, redevelopment, or a high-end renovation. The home is being sold AS-IS and requires updates, including...Rare Investor Opportunity! Step back in time with this 1930 Tudor-style home, a property overflowing with so much original character and timeless architectural appeal. From the classic brick exterior to the original hardwood floors, this residence is a dream project for those looking to restore a piece of history. Situated on a spacious 1.07-acre lot, the property offers incredible room for expansion, redevelopment, or a high-end renovation. The home is being sold AS-IS and requires updates, including repair to a roof leak in the kitchen area. Cooling is provided by window units, and a gas heater serves the home. All furnishings convey, making this a true "turnkey" restoration project. Bring your vision and unlock the immense potential of this unique, character-filled gem!
  1. Listed by Kimberly Holmes • TREC #0831863 • eXp Realty, LLC-Austin

Property Details for 407 Gay Avenue

Waterfront
No
Subdivision Name
Oakdale Drive
STYLE
Other/See Remarks
LISTING UPDATED: 02/26/2026 05:56 PM

Property Details for 407 Gay Avenue

StatusActive
MLS #26000691
Days on Market45
Taxes$4,275 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1936
Lot Size1.07 AC / 46,609 SF
CountyAnderson County

Location

Listing Courtesy of eXp Realty, LLC-Austin, Kimberly Holmes, TREC #0831863
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Building Information for 407 Gay Avenue

Stories-Year Built1936Building Size-Lot Size1.07 AC / 46,609 SF

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OriginPoint Mortgage or Rocket Mortgage1

$990 per month

30 year fixed, 6.15% Interest

Principal and Interest

$634

Property Taxes

$356

HOA Dues

$0

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Property Information for 407 Gay Avenue

Summary
Location and General Information
  • County: Anderson
  • Waterview: No
  • Directions: From Hwy 155 head southeast take a left on loop 256, go for about 1.7 miles, take a right on E, Park Ave, continue for about 1 mile to Crocket Rd for a little bit and Gay Ave is on your right, turn right on Gay Ave property is on the right about .03 miles.
  • City: Palestine
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: 4275.23
  • HOA/Club (Y/N): No
  • Tax Year: 2025
Parking
  • Garage: 2.0
School Information
  • Elementary: Palestine
  • Middle School: Palestine
  • High School: Palestine
Property
Property and Assessments
  • Appraisal District Number: 67300000148800
  • Class: RESIDENTIAL
  • Year of Construction: 1936
  • Foreclosure/Bank Owned Y/N: No
  • Legal: OAKDALE DRIVE BLOCK 1 LOT 48,50,52 & TRACT B
Lot Information
  • Approx SqFt: 2440
  • LOT/LAND DESCRIPTION: Other/See Remarks
  • Total Number of Acres: 1.07
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Brick and Stone
  • EXTERIOR: Other/See Remarks
  • OUTBUILDINGS: None
  • FENCING: None
  • POOL/SPA: None
  • ROOF: Aluminum/Metal
  • FOUNDATION: Slab, Pier and Beam, Combination, Other/See Remarks, Basement
Interior Features
  • FIREPLACE: None
  • # Bedrooms: 3.0
  • BEDROOM DESCRIPTION: Other/See Remarks
  • COOLING: Window Unit(s)
  • HEATING: Other/See Remarks
  • LEVELS: Basement, Other/See Remarks
  • # Full Baths: 2.0
  • # Half Baths: 0.0
  • BATH DESCRIPTION: Shower and Tub
  • DINING AREAS: Separate Formal Dining
  • INTERIOR: Other/See Remarks
  • KITCHEN EQUIPMENT: Range/Oven-Electric, Other/See Remarks
  • ROOM DESCRIPTION: None

Property History for 407 Gay Avenue

DateEvent & SourcePriceAppreciation
Feb 26, 2026

Price Change

Greater Tyler Association of REALTORS #26000691

$130,000
Feb 17, 2026

Price Change

Greater Tyler Association of REALTORS #26000691

$135,000
Jan 14, 2026

Listed (Active)

Greater Tyler Association of REALTORS #26000691

$140,000
Jan 5, 2024

Temporarily Off Market

Greater Tyler Association of REALTORS #23009938

Jan 5, 2024

Price Change

Greater Tyler Association of REALTORS #23009938

$215,000
Oct 31, 2023

Price Change

Greater Tyler Association of REALTORS #23009938

$219,000
Jul 26, 2023

Listed (Active)

Greater Tyler Association of REALTORS #23009938

$230,000
Aug 4, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Aug 4, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Aug 1, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Aug 1, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 29, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 29, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 27, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 27, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 25, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 25, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 23, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 23, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 20, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 20, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 18, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 18, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 15, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 15, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 13, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 13, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 10, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 10, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 8, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 8, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
Jul 5, 2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

Jul 5, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
May 10, 2022

Pending

Greater Tyler Association of REALTORS #10147456

May 10, 2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
DateEvent & SourcePrice
02/26/2026

Price Change

Greater Tyler Association of REALTORS #26000691

$130,000
02/17/2026

Price Change

Greater Tyler Association of REALTORS #26000691

$135,000
01/14/2026

Listed (Active)

Greater Tyler Association of REALTORS #26000691

$140,000
01/05/2024

Temporarily Off Market

Greater Tyler Association of REALTORS #23009938

01/05/2024

Price Change

Greater Tyler Association of REALTORS #23009938

$215,000
10/31/2023

Price Change

Greater Tyler Association of REALTORS #23009938

$219,000
07/26/2023

Listed (Active)

Greater Tyler Association of REALTORS #23009938

$230,000
08/04/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

08/04/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
08/01/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

08/01/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/29/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/29/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/27/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/27/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/25/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/25/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/23/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/23/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/20/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/20/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/18/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/18/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/15/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/15/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/13/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/13/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/10/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/10/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/08/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/08/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
07/05/2022

Temporarily Off Market

Greater Tyler Association of REALTORS #10147456

07/05/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500
05/10/2022

Pending

Greater Tyler Association of REALTORS #10147456

05/10/2022

Listed (Active)

Greater Tyler Association of REALTORS #10147456

$149,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 407 Gay Avenue

Taxable ValueLand$37,440Additions$162,248Total$199,688
Tax Record2025$4,375 ($365 / month)
Home Facts
Beds0Total Finished SqFt2,440 SqFtAbove Grade Finished SqFt2,440 SqFtLot Size46,801 SqFtStyleSingle Family ResidenceYear Built1936CountyANDERSONAPN33738

Schools near 407 Gay Avenue

This home is within Palestine Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 3
Public - 4 to 6
Public - 7 to 8
Rating
School
Distance
Northside Primary
PublicK to 1

Southside Elementary School
Public2 to 3

Story Intermediate School
Public4 to 6

Palestine J High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

407 Gay Avenue is a single family home for sale in Palestine, TX 75801. This property was listed for sale on January 14, 2026 by eXp Realty, LLC-Austin, it's currently listed at $130,000. This listing's school district is Palestine Independent School District. Nearby schools include Northside Primary, Southside Elementary School and Story Intermediate School. 407 Gay Avenue is a 3-bed, 2-bath, 2,440 sqft single family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC-Austin, Kimberly Holmes, TREC #0831863

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.