Date
Details
Price
Change
Source
2/17/2020
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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2601 State Hwy 155, Palestine, TX 75801
$250,000
2601 State Hwy 155, Palestine, TX 75801View this property at 2601 State Hwy 155, Palestine, TX 75801
2601 State Hwy 155PalestineTX75801
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Property Description
Highly visible, high traffic count, level triangular lot on corner of State Hwy 155 and FM 315 (Gardner Drive), Palestine, TX. The property is across the state highway from a new Family Dollar Store, a new Texas Farm Bureau Insurance Office building and a recently opened Mahindra Tractor Store. On about 1.66 acres, located within city limits at 2601 State Highway 155, Palestine, TX 75801, just 1 mile north of Loop 256 and about 12 miles south of Frankston, TX. Presently there are 2 buildings on the property. One is a vacant residential home 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 3 commercial concerns. Must see for all potential. In addition, the adjoining lot of 4.666 acres is available in a separate listing as 1230 FM 315.
Full Property Details
Full Property Details for 2601 State Hwy 155
General
- Price: $250,000
- Status: Active
- Type: Commercial
- MLS ID: 10118720
- Updated: 5/18/2022
- Added: 828 day(s) ago
Location
- County: Anderson
- Driving Directions: From Frankston, SH 155 south about 15 miles. Property will be on right at the intersection of Hwy 155 and FM 315 (Gardner Rd). From Palestine, take SH 155 north, past Loop 256 for about 1 mile. Property will be on left, across from Family Dollar and Texas Farm Bureau, at the intersection of SH 256 and FM 315 (Gardner Dr.)
Utilities
- Gas: Natural Gas Available
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick Veneer, Wood/ Frame, Shingles
Lot Features
- Lot Size (Acres): 1.66
- Lot Dimensions: Irregular
- Frontage: County Maintained Road, State/US Highway
- Topography: Level
- Potential Use: Office, Restaurants, Retail, Special Purposes
- Zoning: Commercial, Single Family
Financial Considerations
- Terms: Cash, Conventional, FHA, Land Bank, Must Qualify, Texas Veteran Land Board, USDA, VA
Disclosures and Reports
- Surveyed: None
Listed by Staples Commercial Group, LLC, Steve Demuth
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Schools
Schools serving 2601 State Hwy 155
School District:Palestine Independent School District
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
Northside Primary School
2509 N State Highway 155, Palestine, TX 75803 | K-1 | 0.1 mi | |
|
5300 N Loop 256, Palestine, TX 75801 | 4-6 | 1.1 mi | |
|
201 E Gillespie St, Palestine, TX 75801 | 2-3 | 3.5 mi | |
|
233 Ben Milam Dr, Palestine, TX 75801 | 7-8 | 3.9 mi | |
|
1600 S Loop 256, Palestine, TX 75801 | 9-12 | 3.8 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 2601 State Hwy 155
Tax History
Tax History for 2601 State Hwy 155
Year
Property Taxes
Change
Tax Assessment
Change
2021
$5,524
—
$102,638
—
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 2601 State Hwy 155
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2601 State Hwy 155, Palestine, TX 75801 (MLS# 10118720) is a Commercial property. 2601 State Hwy 155 is currently listed for $250,000 and was received on February 17, 2020. Want to learn more about 2601 State Hwy 155? Do you have questions about finding other Commercial real estate for sale in Palestine? You can browse all Palestine real estate or contact a Coldwell Banker agent to request more information.