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2601 State Highway 155

Palestine, TX 75803
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Sold
Sold
$215,001 - $250,000
Sold on August 30, 2023
2 Bedroom(s)
1 Full Bath(s)
1,648 Sqft.
1.66 Lot Acres
Single-Family

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General 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, with about 420' of Hwy road frontage, 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. Two buildings on the property are in needof total rehab or demolition. Property has potential to operate 1, 2 or 3 commercial concerns. Must see for all potential. In addition, theadjoining lot of 4.666 acres is available in a separate listing as 1230 FM 315. Buildings on lot are not in good condition.

MLS#
33117975
Sold Price Range
$215,001 - $250,000
Listing Status
Sold
Address
2601 State Highway 155
City
Palestine
State
TX
Zip Code
75803
County
Anderson County
Subdivision
Norwood Heights City
Legal Description
NORWOOD HEIGHTS (CITY) BLOCK 2 LOT A
Property Type
Single-Family
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Architecture Style
Ranch
Year Built
1988 / Seller
Building Size
1,648 Sqft/Seller
Lot Size
1.66 Lot Acres./Unknown
Key Map©
1
Market Area

Exterior

Roof
Composition
Foundation
Other
Private Pool
No
Exterior Type
Wood
Lot Description
Corner
Water Sewer
Public Sewer, Public Water

Additional information

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Financing Considered
Cash Sale, Conventional, FHA, USDA Loan, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$2,691/2019
Tax Rate
2.7504

Rooms

Bedroom
0, 1st
Bedroom
0, 1st

Interior

Cooling
Window Units
Heating
Other Heating

Lot Information

Lot Size
1.66 Lot Acres /Unknown
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Source

Houston Association of REALTORS
Source last updated May 08, 2024 at 06:17 PM
Listing last updated Aug 31, 2023 at 10:27 AM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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