2601 State Highway 155 Palestine, TX
$ 250,000
Property Attributes
  • MLS#33117975
  • TypePending
  • CountyANDERSON
  • CityPalestine
  • Area75
  • NeighborhoodNorwood Heights City
  • Zip75803
  • StyleRanch
  • Year Built1988
  • Taxes$ 2691
  • Price$ 250,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1648
  • Lot Size1.66 Acres
Listing Provided Courtesy Of:
United Country-Lake Palestine
Data Source:
Houston Association of REALTORS® (HAR) - 67 - TX
Property Description

Highly visible, high traffic count, level triangular lot on corner of State Hwy 155 and FM 315 (Gardner Drive), Palestine, TX. The propertyis across the state highway from a new Family Dollar Store, a new Texas Farm Bureau Insurance Office building and a recently openedMahindra Tractor Store. On about 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile northof Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residentialhome as a rental income property potentially bringing in about $500/MO. The other was a Bar-B-Q restaurant, renting for $400/MO.There is also a fruit and vegetable stand on the corner, leasing space for $100/MO. Property has potential to operate 1, 2 or 3commercial concerns. Must see for all potential.

Middle School High School
Palestine Middle School Palestine High School
Price History
3/23/2021 Listed $250,000

General Features

Acres 1.66
Disclosures Other Disclosures
Finance Available Cash Sale, Conventional, FHA, USDA Loan, VA
Full Baths 1
Geo Market Area Palestine Area
Heating Other Heating
Property Type Single-Family
Restrictions No Restrictions
Roof Composition
School District 71 - Palestine
Status Option Pending
Stories 1
Style Ranch
Subdivision Norwood Heights City
Tax Amount 2691
Tax Rate 2.7504
Year Built 1988

Interior Features

Cool System Window Units
Total Baths 1.00
Total Bedrooms 2

Exterior Features

Foundation Other
Lot Description Corner
Lot Size 72310
Private Pool Y/N No
Siding Wood
Water Sewer Public Sewer, Public Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 75803

AVG $150K
AVG $2,018
AVG 106
Year Built
AVG 1990

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