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    155 Tbd Hwy N Palestine, TX 75801

    For Sale
    $185,000

    Acreage,Commercial,Undeveloped,Vacant - Commercial,Undeveloped,Vacant

    Lot size:
    20.69 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 10 at 2:06 am

    Property Features for 155 Tbd Hwy N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0831734
    Exterior features
    None, Fence
    Fencing
    Fenced
    Lot size
    20.69 Acres

    Building Details

    Architectural style
    Other

    Premier Realty

    Listing agent Jodi Davis (903) 729-0118

    Listing date Nov 27, 2025

    MLS# 101799 Listing URL

    Copyright © 2025 Palestine Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Loop 256

    This 20.686-acre commercial land is located in Palestine, TX, inside the loop, and features frontage on Loop 256 / Hwy 155. The property has recently undergone some clearing to showcase its potential. Mature timber and water are available. A lower detention pond area could be developed into a small pond. The land is suitable for various commercial uses, including a commercial business, strip mall, or storage units, or as an investment property. The high-traffic area offers significant road frontage. The property could be developed into a community focal point with shopping, outdoor eating areas, a run/walkway around a pond, and park-like settings with benches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.5987
    Latitude
    31.7706

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    FAQs

    What type of property is this?
    Land - 20+ acres of commercial land with high traffic frontage.
    Where is this land located?
    The property is located at 155 Tbd Hwy N Palestine, TX.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - High traffic location with significant road frontage on Loop 256/Hwy 155.; - 20+ acres located inside the loop.; - Suitable for various commercial developments: business, strip mall, storage units, or investment property.
    (903) 729-0118
    Request Owner's contact information
    155 Tbd Hwy N Palestine, TX 75801
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    Palestine, TX 75801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    155 Tbd Hwy N Palestine, TX 75801
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