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Residential Income Property with Multiple Homes
For Sale
$1,295,000

3091 FM 322, Palestine, TX 75801

Residential, Ranch, Duplex, PALESTINE, TX

Property Size3,324 SF
Lot Size8.17 Acres
Price / SF$389.59
Days on Market135

Property Features for 3091 FM 322

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Exterior features Barn(s)
Subdivision CRIST, STEPHEN
Elementary school district Palestine ISD
Middle school district Palestine ISD
High school district Palestine ISD
Standard status Active
Size 3,324 SF
Lot size 8.17 Acres

Taxes and HOA fees

Tax Description A0015 CRIST, STEPHEN BLOCK 905 TRACT 19
Tax Annual Amount 13500
Legal Description A0015 CRIST, STEPHEN BLOCK 905 TRACT 19

Utilities

Sewer type Aerobic Septic

Building Details

Year built 2017
Architectural style Ranch, Other
Listing Agency: Premier Realty
Listed By: Brandi Hill
Added: Apr 26 Changed: Sep 6 Last Checked: Sep 7 at 9:06PM
MLS# 103288

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This residential income property includes three single-family residences, two separate duplexes, and additional structures on over 8 acres. The duplexes were built in 2017 and feature an open concept layout with 2 bedrooms and 2 bathrooms per unit, along with an attached garage. The remarks note 1,662 square feet per duplex unit (3,324 square feet of heated and cooled area total across the two duplex units).

Additional income and support spaces listed include an 800-square-foot tiny home, a 1,980-square-foot barn, and an 1,800-square-foot shop with a 600-square-foot apartment. All properties are described as tenant occupied with an excellent rental history. The seller indicates additional information, photos, a rent roll, and property updates may be provided, and appointments with pre-approval or proof of funds are required to view the property.

Key Highlights

  • Over 8 acres with 3 single‑family residences, 2 separate duplexes, plus additional structures including a barn
  • Both duplexes were built in 2017 and include an attached garage; each unit offers 2 beds and 2 baths with an open‑concept floor plan
  • Duplex size: 1,662 SF per unit (3,324 SF combined heated and cooled), with tenant occupancy

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Storage Facility Pharmacy Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied multifamily and single-family portfolio on over 8 acres, including two 2017-built duplexes.
Where is this duplex located?
The property is located at 3091 FM 322 Palestine, TX.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Over 8 acres with 3 single‑family residences, 2 separate duplexes, plus additional structures including a barn; Both duplexes were built in 2017 and include an attached garage; each unit offers 2 beds and 2 baths with an open‑concept floor plan; Duplex size: 1,662 SF per unit (3,324 SF combined heated and cooled), with tenant occupancy
More about this property
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