2601 State Hwy 155 Palestine, TX
$ 250,000
Property Attributes
  • MLS#10118720
  • TypeCommercial
  • CountyANDERSON
  • CityPalestine
  • AreaAnderson
  • Zip75801
  • StyleBuilding
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.66 Acres
Listing Provided Courtesy Of:
Steve Demuth at United Country Staples Property Group
Data Source:
Greater Tyler AOR (GTAR) - 272 - 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 property is across the state highway from a new Family Dollar Store, a new Texas Farm Bureau Insurance Office building and a recently opened Mahindra Tractor Store. On about 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile north of Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residential home 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 3 commercial concerns. Must see for all potential. In addition, the adjoining lot of 4.666 acres is available in a separate listing as 1230 FM 315.

Price History
3/18/2021 Listed $250,000

General Features

Construction Brick Veneer, Shingles, Wood/ Frame
Electric Electric On Site
Gas Y/N Natural Gas Available
Listing Area Anderson
Number of Buildings 2
Sewer Public Sewer
Status Active
Street Name State Hwy 155
Subdivision TX
Topography Level
Water Public
Waterfront No
Zoning Commercial, Single Family

Exterior Features

Latitude 31.7936830487373
Longitude -95.6183773386231
Photo Count 48
Lot Size Area 1.66


  • 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 Commercial Average in 75801

AVG $660K
AVG 36
AVG 32
Data Provided by Walkscore ® not using MLS data

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