555 Lakeshore Dr., Palestine, TX 75801 - Photo 1

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$637,500

For Sale
Active
Single Family
5 Beds
4 Full Baths
4,357 Sq. Ft.
1.42 Acres
5 Car Garage

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Property Description

Looking for a luxury home on acreage with a pool, guest space, and room for your hobbies? This exceptional custom-built Palestine property offers privacy, comfort, and incredible entertaining space on 1.42 beautifully landscaped acres shaded by mature trees. The 3,500-square-foot main home features 5 bedrooms and 4 bathrooms with a flexible floor plan ideal for families, entertaining, or multi-generational living. Highlights include a formal dining room, dedicated home office, oversized bonus room, and two private en suite bedrooms perfect for guests or extended family. The chef's kitchen features a Wolf gas range, abundant cabinetry, generous counter space, and an easy flow to the living and dining areas-perfect for everyday meals or entertaining. Step outside to your own private backyard retreat featuring a heated saltwater pool with waterfall. The 873-square-foot pool house is built for entertaining with surround sound, gourmet-style kitchen, brick pizza oven, restaurant-grade gas and charcoal grills, industrial vent hood, and a screened patio. Need space for vehicles, equipment, hobbies, or a home-based business? The attached 988-square-foot 3-car garage provides plenty of parking and storage, while the separate heated 2-car garage/shop includes its own private Hamilton Road entrance, office, bathroom, and loft storage. A greenhouse and whole-house generator add even more functionality and peace of mind. With mature trees, beautiful landscaping, resort-style outdoor living, guest suites, multiple garages, and an impressive pool house, this property offers the space and flexibility to live, work, entertain, and relax in style. If you've been searching for a luxury home with acreage, pool, guest accommodations, workshop space, and exceptional outdoor living, this one-of-a-kind East Texas retreat deserves a closer look. **2026 Appraisal on file.

Full Property Details

Full Property Details for 555 Lakeshore Dr

General

Price: $637,500
Taxes: $10,272 (2025)
Status: Active
Type: Single Family
Source: Tyler_MLS
MLS ID: 26006974
Updated: 9/9/2026
Added to Site: 150 day(s) ago

Interior

Interior Features: Ceiling Fan, Surround Sound
Fireplace: Yes
Fireplace(s): Two Or More Fireplaces
Appliances: Gas Range, Dishwasher, Disposal, Microwave
Flooring: Carpet, Wood, Tile

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4
Bathroom Features: Shower Only, Shower and Tub, Shower/Tub, Ceramic Tile

Bedrooms

Total Bedrooms: 5

Other Rooms

Kitchen: Pantry

Additional Information

Pool: Yes
Pool Description: Heated, Gunite, In Ground, Salt Water
Security/Safety: Audio and Video Surveillance

Exterior

Exterior Features: Irrigation System
Porch/Patio/Deck: Patio, Covered

Parking

Garage: Yes
Garage Spaces: 5
Parking Features: Inside Entrance, Garage Door Opener, Workshop in Garage, See Remarks, Concrete

Location

County: Anderson
Subdivision: Highland
Driving Directions: From Reagan Park, travel east on E Reagan St, Right onto Crockett Rd, Left onto E Brazos St, Right onto Glenwood Dr, Right onto Lakeshore Dr. Home on Left. C21 Sign up.

School Information

Elementary School: Palestine
Middle School: Palestine
High School: Palestine

Heating & Cooling

Cooling Type: Central Electric, Ceiling Fan(s)
Heating Type: Central/Electric

Utilities

Sewer: Public Sewer
Water: City, Public
Utility Description: 2 Or More Units

Structural Information

Architectural Style: Traditional
Construction: Brick
Foundation: Slab
Roof: Composition
Windows: Plantation Shutters
Square Feet: 4,357
Sq. Ft. Source: CAD
Year Built: 1975
Year Built Source: CAD
Property Condition: Pre-owned

Additional Structures

Other Structures: Guest House, Greenhouse, Workshop

Lot Features

Lot Size (Acres): 1.42
Lot Dimensions: 1.42 Acres
Lot Features: Subdivision Lot
Lot Description: 1 to 3 Acres
Fencing (Description): Chain Link, Wrought Iron

Financial Considerations

For Sale: Yes
Price Per Sq. Ft.: $146.32
For Sale/Rent/Lease: For Sale
Tax Amount: $10,272.34
Tax Year: 2025
Terms: Conventional, FHA, VA Loan, Cash

Disclosures and Reports

Special Conditions: Other/See Remarks
Documents Avail.: Survey Plat, Deed Restrictions, Field Notes
Legal Description: HIGHLAND BLOCK 16 REVISED LOT 34, 35, 37, 38, TR A

Listed by Century 21 Heritage Realty, Vivian Butler

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Listing agent

— 555 Lakeshore Dr —

Vivian Butler

Century 21 Heritage Realty

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Schools

Schools serving 555 Lakeshore Dr

School District:Palestine Independent School District

Name	Grades	Distance
Story Intermediate School 5300 Texas 256 Loop, Palestine, TX 75801	4-6	1.7 mi
Southside Elementary School, Palestine, TX 201 Gillespie Road, Palestine, TX 75801	2-3	1.9 mi
Northside Primary 2509 Hwy 155 N, Palestine, TX 75801	K-1	2.7 mi
Palestine J High School 233 Ben Milam Road, Palestine, TX 75801	7-8	1.1 mi
Palestine High School 1600 Texas 256 Loop, Palestine, TX 75801	9-12	1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 555 Lakeshore Dr Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/08/2026

Price Reduced

$637,500

-1.91%

MLS

8/07/2026

Price Reduced

$649,900

-2.12%

MLS

7/01/2026

Price Reduced

$664,000

-1.63%

MLS

5/16/2026

Listed

$675,000

—

MLS

Get Price Alerts and Save Property

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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555 Lakeshore Dr., Palestine, TX 75801 (MLS# 26006974) is a Single Family property with 5 bedrooms and 4 full bathrooms. 555 Lakeshore Dr. is currently listed for $637,500 and was received on May 15, 2026. Want to learn more about 555 Lakeshore Dr.? Do you have questions about finding other Single Family real estate for sale in Palestine? You can browse all Palestine real estate or contact a Coldwell Banker agent to request more information.

555 Lakeshore Dr Palestine, TX 75801