Skip To Content
    Return to Previous Page

    2601 State Highway 155

    Palestine, TX 75803
    • $250,000
    • STATUS: Active
    • ON SITE: 237 days
    • MLS #: 47667561
    UPDATED: 50 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:
    Area:
    75

    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.

    Monthly Payment Calculator



    © 2020 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 2020-10-21T16:13:51.993.
    www.lernerrealtysolutions.com/homes/103556594
    Print Image

    2601 State Highway 155 Palestine, TX 75803

    • Price: $250,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 47667561
    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
    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 Brick & 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 © 2020 Houston Association of REALTORS® MLS.
    Listing courtesy of United Country-Lake Palestine.



    © 2020 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 2020-10-21T16:13:51.993.
     
    https://bt-photos.global.ssl.fastly.net/harmls/orig_boomver_1_47667561-2.jpg https://bt-photos.global.ssl.fastly.net/harmls/orig_boomver_1_47667561-2.jpg https://bt-photos.global.ssl.fastly.net/harmls/orig_boomver_1_47667561-2.jpg
    Logo
    Lerner Realty Solutions
    2109 Hwy 6, Ste D
    Sugar Land TX, 77478