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$335,000
Est. payment /mo
27.67 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26001571
Construction Status Pre-owned
Annual Tax Amount $916
Tax Year 2025
Lot Size 27.674 Acres
Acres 27.674
Property Sub-Type Land
Source Greater Tyler Association of REALTORS
Property Description
27± Acres Commercial Opportunity offering approximately 2,000 feet of high-visibility along heavily traveled US Highway 79/84 in Palestine. With strong frontage, excellent access, and surrounding growth, this tract is ideally positioned for retail, warehouse, mixed-use, multifamily, or residential development. The property is rectangular, elevated with attractive topography, and minimal floodplain. Approximately 20% is cleared and level, providing an immediate build site, while the balance features mature timber and elevated terrain that allows flexibility for phased development or future expansion. The tract currently benefits from a timber exemption, helping reduce holding costs prior to development. A concrete entry drive is already in place for easy access, and improvements include a 288 SF building with electricity, ideal for storage or use as a construction or project office during development. Most of the property lies within the City of Palestine limits, with water and sewer utilities available, supporting a wide range of commercial or higher-density uses. A small portion on the northeast boundary is located within the FEMA flood zone. Located in Westwood ISD and surrounded by expanding activity, this corridor continues to see strong growth and investment, making this a strategic site for long-term appreciation and immediate development potential.
Location
State TX
County Anderson
Interior
Cooling Window Unit(s)
Furnishings Pre-owned
Exterior
Utilities Available Water Available, Electric On Site
Road Frontage Highway
Building
Lot Description Inside City Limits, Outside City Limits
Sewer Sewer Available
Construction Status Pre-owned
Others
Acceptable Financing Conventional, Cash, Land Bank, USDA Loan, Texas Veteran Land Board
Listing Terms Conventional, Cash, Land Bank, USDA Loan, Texas Veteran Land Board
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Listed by Jeremy Caruthers Drake Real Estate & Investments
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