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22525 S Hwy 155, Flint, TX 75762
$12,500,000
22525 S Hwy 155, Flint, TX 75762View this property at 22525 S Hwy 155, Flint, TX 75762
22525 S Hwy 155FlintTX75762
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Property Description
What a rare opportunity to purchase a unique property on Lake Palestine with endless options, 19+ acres, 2,600'+ HWY frontage, 570'+ Waterfront, 33,000'+ of improvements all with a Beautiful Sunset. Currently used an Wedding Venue, Event Center, Vrbo Lodging, Offices and Beach Club with Boat Launch, Swimming & Fishing. Design plan ideas available for expanded Event Center, Hotel, Restaurant, Exclusive RV Park, Marina and more. Owner is willing to discuss a Partnership or Investor Interest The Lodging through Vrbo (#3034837) offers 6 private bedrooms, 12 beds and up to 19 guests. Two full baths, kitchen, living room, deck/patio and access to a fully equipped gym, hot tub, beach, gorgeous common area with a pool table and outdoor palapa. The Venue is perfect for indoor or outdoor lake front weddings with that gorgeous sunset. The beautiful ballroom provides an extraordinary location for your wedding, Quincea era, corporate event or any celebration! The grand staircase and striking chandelier are ideal for your Grand Entrance as Mr. & Mrs. The Beach Club offers Swimming, Beach Volleyball, Paddle Boarding, Fishing, Boat/Jetski Launch, Lounges, Picnic Tables and Umbrellas or bring your Kayak and enjoy the 18 mile long Lake Palestine. Property has almost 10 acres of undeveloped area for more growth, Gated front security entrance, 2,680' of Highway 155 Frontage with 2 driveway cuts, 572' of Surveyed waterfront area, (870' of total area with State land included) Opportunity to add Dock, Fishing Pier, Marina or Boathouse. Main building besides the Vrbo Lodging also has an additional office/rooms that can be converted into more Lodging rooms, Meeting rooms, Event rooms, etc. Lake Palestine is a Freshwater Reservoir, 18 miles long, covers 25K acres, 58' depth and is known for it's White bass, Blue catfish, Largemouth bass, Channel catfish, Spotted bass and more. Average of 20 Fishing Tournaments yearly. Boating, Skiing, kayaking, etc. See attachments for more details.
Full Property Details
Full Property Details for 22525 S Hwy 155
General
- Price: $12,500,000
- Status: Active
- Type: Commercial
- MLS ID: 23003642
- Updated: 12/4/2023
- Added to Site: 403 day(s) ago
Business
- Misc. Information: Security System, Security Lighting, Inside Storage, Outside Storage
Location
- County: Smith
- Driving Directions: Property is located at the corner of the North bridge on HWY 155 crossing into Coffee City. From Tyler, Loop 323 head South on HWY 155 for 13 miles, property is on the Left just before the bridge at Lake Palestine crossing into Coffee City. From Frankston at the intersection of HWY 155 & FM 175, head North for 8 miles, property is on the Right just after you cross the second bridge leaving Coffee City.
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Aerobic Septic Sys, Conventional Septic, Sewer Available
Structural Information
- Exterior Const.: Brick and Wood, Metal, Stucco, Brick and Stone
- Year Built Source: SCAD
Lot Features
- Lot Size (Acres): 19.15
- Cleared Acres: 100
- Lot Dimensions: Irregular
- Frontage: State/US Highway
- Frontage Feet: 2680
- Street/Road Desc.: Asphalt, Concrete
- Topography: Hill Side, Level, Rolling, Sloped
- Potential Use: Office Building(s), Retail, Warehouse, Office, Showroom/Warehouse, Hotel/Motel, Special Purposes
- Zoning: Other/See Remarks
Water Features
- Water Front: Yes
Disclosures and Reports
- Docs Filed: Survey Plat, Field Notes
- Surveyed: Plat
Listed by Staples Commercial Group, LLC, Ray Verhey
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Schools
Schools serving 22525 S Hwy 155
School District:Tyler Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
11780 County Road 168, Tyler, TX 75703 | PK-5 | 6.5 mi | |
2445 Three Lakes Pkwy, Tyler, TX 75703 | 6-8 | 9.2 mi | |
4500 Red Raider Dr, Tyler, TX 75703 | 9-12 | 12.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22525 S Hwy 155
Date
Details
Price
Change
Source
3/23/2023
Listed
$12,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 22525 S Hwy 155
Year
Property Taxes
Change
Tax Assessment
Change
2023
$24,787
-12%
$1,489,438
-3%
2022
$28,129
28%
$1,541,278
23%
2021
$21,991
-5%
$1,249,521
-4%
2020
$23,133
-17%
$1,299,396
-4%
2018
$27,840
-2%
$1,356,728
—
2017
$28,283
15%
$1,356,728
4%
2019
$24,684
-16%
$1,299,396
-8%
2015
$29,532
-27%
$1,416,654
-2%
2013
$40,552
—
$1,444,703
-33%
2013
$40,552
—
$2,159,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 22525 S Hwy 155
22525 S Hwy 155, Flint, TX 75762 (MLS# 23003642) is a Commercial property. 22525 S Hwy 155 is currently listed for $12,500,000 and was received on March 23, 2023. Want to learn more about 22525 S Hwy 155? Do you have questions about finding other Commercial real estate for sale in Flint? You can browse all Flint real estate or contact a Coldwell Banker agent to request more information.