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2601 State Highway 155 Palestine, TX
$ 250,000
Property Attributes
  • MLS#33117975
  • TypeSingle Family
  • CountyANDERSON
  • CityPalestine
  • Area75
  • NeighborhoodNorwood Heights City
  • Zip75803
  • StyleRanch
  • Year Built1988
  • Taxes2691
  • 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
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 Active
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
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 75803

AVG $320K
AVG $2,289
AVG 26
Year Built
AVG 1999
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