Address
1509 E Park Avenue, Palestine, TX
Price
$ 579,000
Property Attributes
  • MLS#20355985
  • TypeCommercial
  • CountyANDERSON
  • CityPalestine
  • NeighborhoodGeorge Add
  • Zip75801
  • StyleIndustrial
  • Year Built1961
  • Taxes$ 9443
  • Price$ 579,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size24.621 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

This unique property is within City limits and includes a 15-acre private spring-fed lake with pier. Approximately 10 acres of buildable land. Original 2660 sf building could be remodeled for any purpose. City sewer, electricity and water on site. There is also a small 288 sflakeside cabin with electricity, water and septic system. Picture a tiny home or cabin rental park, maybe a small apartment complex On-the-Lake. Perhaps a restaurant and event venue. Or, simply build a special private retreat of your own.

Price History
6/14/2023 Listed $725,000
10/25/2023 11% - $649,000
2/7/2024 11% - $579,000

General Features

Heating Electric
Cooling Electric
Utilities City Sewer,City Water,Electricity Available,See Remarks,Septic,Sewer Available
Ceiling Height Other
Possession Closing/Funding
Roof Composition
Year Built 1961
Tenant Pays None
Topography Rolling
Business Type Commercial,Industrial,Retail,Other
Unexempt Taxes 9443
Building Use Industrial,Other
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Industrial
Subdivision Name George Add
Zoning Description Commercial (mixed use)
County Anderson
Property Type Commercial Sale
Construction Materials Frame,Wood
Year Built Details Preowned
Status Active
Directions From US-84 & Loop 256,west on US-84 (Park Ave). Property will be on the right. From Tyler,south on TX-155 to Loop 256in Palestine. Left on Loop 256 to US-84. Right on US-84 (Park Ave). Property will
City Palestine
Buyer Agent Compensation 3
Street Name Park
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20355985
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Other
Total Stories 1
Total Units 2
Lock Box Type None
Street Suffix Avenue

Exterior Features

Lot Features Rolling Slope
Lot Size Source Appraiser
Parking Features Off Street,Other
Lot Size 10 to < 50 Acres
Foundation Slab
Lot Size Area 24.6210
Lot Size Units Acres
Building Area Total 4036.00
Lot Size Square Feet 1072490.7600
Lot Size Acres 24.6210

Amenities

  • 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

Price
AVG $380K
$580K
Visits
AVG 20
49
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1961
Walkscore
AVG 33
10
Data Provided by Walkscore® not using MLS data

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