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    1731 Fm 860 Palestine, TX 75803

    For Sale
    $1,500,000

    Improved Land - Palestine, TX

    Lot size:
    149.29 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 9 at 5:06 pm

    Property Features for 1731 Fm 860

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R25234
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    149.29 Acres

    Building Details

    Architectural style
    Other

    Century 21 Gold Award Realty (903) 729-6232

    Listing agent Jennifer Hutcherson (903) 729-6232 License #0591734

    Listing date Jul 2, 2025

    MLS# 20987527 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pastureland Ranch with Barn and Ponds

    This ranch property, situated on 149.291 acres, features pastureland with ponds, a barn, and corrals. The fenced and cross-fenced land includes Fuquay soil. A large barn with a chute is present on the property. The property has road frontage on FM 860 & ACR 460. Spring-fed ponds are located on the premises. Utilities are available. The property is located in Palestine, Texas.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.78113823
    Latitude
    31.9578683

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    FAQs

    What type of property is this?
    Ranch - 149+ acre ranch featuring prime pastureland, ponds, barn, and corrals.
    Where is this ranch located?
    The property is located at 1731 Fm 860 Palestine, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 149.291 Acres of Prime Pastureland; - Large Barn with Chute; - Fenced and Cross-fenced
    (903) 729-6232
    Request Owner's contact information
    1731 Fm 860 Palestine, TX 75803
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    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
    1731 Fm 860 Palestine, TX 75803
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