Multifamily Investment
491 An County Road 432 Palestine, TX 75803
491 An County Road 432, Palestine, TX, 75803
$499,900
For Sale
$499,900
COMMERCIAL - Palestine, TX
Lot Size3.84 Acres
Days on Market83
Property Features for 491 An County Road 432
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- APN
- R0017556
- Lot size
- 3.84 Acres
Building Details
- Year built
- 2024
- Number of units
- 9
- Flooring type
- Laminate
- Roof type
- Metal
Listing agency
Leslie Cain Realty
(903) 594-8721
Listed by
Michael Soape · License #0745590
(325) 701-7988
Added: May 2 Updated: Jun 4 at 10:03PM Checked: Jul 23 at 5:06AM
MLS# 21257252
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Investment Insights
Based on property information with market context.
This multifamily property at 491 An County Road 432 offers a solid structure positioned on a generous lot. The site includes mature trees that provide a degree of privacy, supporting a quieter, low-key setting. With durable construction highlighted for ongoing durability, the property is presented as a manageable option for investors seeking a dependable base for rental income.
Located in Palestine, Texas within Anderson County, the property is described as just off Hwy 19, balancing seclusion with connectivity. The listing emphasizes easy access to the site, and a peaceful, rural environment that can appeal to tenants looking for space and privacy while still benefiting from convenient regional access.
For buyers, this is positioned as an income-oriented investment with multiple ways to add value. The seller’s materials note an opportunity to hold for future upside, or to consider redesigning interior finishings to build equity and improve overall appeal. The offering also notes seller willingness to consider owner financing, which may be attractive to investors looking for flexible terms while building a portfolio.
Located in Palestine, Texas within Anderson County, the property is described as just off Hwy 19, balancing seclusion with connectivity. The listing emphasizes easy access to the site, and a peaceful, rural environment that can appeal to tenants looking for space and privacy while still benefiting from convenient regional access.
For buyers, this is positioned as an income-oriented investment with multiple ways to add value. The seller’s materials note an opportunity to hold for future upside, or to consider redesigning interior finishings to build equity and improve overall appeal. The offering also notes seller willingness to consider owner financing, which may be attractive to investors looking for flexible terms while building a portfolio.
Key Highlights
- Built in 2024
- Metal roof
- Laminate flooring
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Rural multifamily opportunity with durable construction, privacy-oriented landscaping, and straightforward access for long-term income focus.
Where is this apartment building located?
The property is located at 491 An County Road 432 Palestine, TX.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Built in 2024; Metal roof; Laminate flooring
