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2601 State Highway 155

Palestine, TX 75803
  • $250,000
  • STATUS: Active
  • ON SITE: 311 Days
  • MLS #: 33117975
UPDATED: 158 min ago
$250,000
  • 2
    BEDS
  • 1.66
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,648
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1988
County:

School Information

Middle School:
High School:
School District:

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.

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© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively 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. Data last updated 2022-01-29T00:12:31.183.
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2601 State Highway 155 Palestine, TX 75803

  • Price: $250,000
  • Status: Active
  • On Site: 311 Days
  • Updated: 158 min ago
  • MLS #: 33117975
2
Beds
1
Baths
0
½ Baths
1.66
Acres
1,648
SQFT
$152
$/SQFT
1988
Built
Neighborhood:
Norwood Heights City
County:
Anderson
Area:
75 - Anderson County
Middle School:
Palestine Middle School
High School:
Palestine High School
School District:
Palestine
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.
Exterior Features

Acres Description 1 Up To 2 Acres Lot Description Corner Pool Private No Roof Composition Siding Wood Style Ranch

Interior Features

Cool System Window Units Foundation Other Heat System Other Heating

Property Features

Annual Maint Desc No Country United States Disclosures Other Disclosures Dwelling Type Free Standing Fee Other No Finance Available Cash SaleConventionalFhaUsda LoanVa For Lease No Hoa Mandatory No Lot Size Source Unknown Lot Value No Master Planned Community YN No New Construction No Restrictions No Restrictions Sq Ft Source Seller Tax Amount 2691 Tax Rate 2.7504 Tax Year 2019 Water Sewer Public SewerPublic Water Year Built Src Seller

Listing information © 2022 Houston Association of REALTORS® MLS.
Listing courtesy of United Country-Lake Palestine.



© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively 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. Data last updated 2022-01-29T00:12:31.183.
 
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Brad Hermes Real Estate Group | Keller Williams
950 Corbindale Suite 100
Houston TX, 77024