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    5015 State Highway 155 Palestine, TX 75803

    For Sale
    $675,000

    Commercial Sale - PALESTINE, TX

    Property size:
    5,600 SF
    Lot size:
    5.50 Acres
    Days on Market:
    136
    Last Refresh:
    Dec 10 at 4:06 am

    Property Features for 5015 State Highway 155

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R0854084, R0854083
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    5,600 SF
    Lot size
    5.50 Acres

    Utilities

    Heating system
    Electric (Heating), Propane (Heating), Zoned (Heating)
    Cooling system
    Electric, Zoned

    Building Details

    Year built
    2018
    Building materials
    Frame, Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Landmark Realty (903) 729-4000 [email protected]

    Listing agent Charli Hill (903) 729-4000

    Listing date Jul 28, 2025

    MLS# 101383 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

    East Texas Event Venue

    This 5,600 sqft event venue is located in East Texas and features hilltop views. The property is suitable for weddings, parties, or retreats. It includes a spacious barn, an outdoor dance floor, and a bandstand. Multiple restrooms are available, along with climate-controlled bridal and groom suites. The property is conveniently located near town with highway access. Situated on a 5.5-acre lot, this rustic yet refined property could also be transformed into a private home.
    Location Intelligence

    Current Use by Public Records

    PENDLETON SPRINGS WEDDING ... Wedding Venue

    Suggested Use

    Kitchen & Bath Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.589182
    Latitude
    31.83657

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    FAQs

    What type of property is this?
    Wedding venue - 5,600 sqft event venue with hilltop views near town.
    Where is this wedding venue located?
    The property is located at 5015 State Highway 155 Palestine, TX.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - 5,600 sqft event venue with hilltop views.; - Includes a spacious barn, outdoor dance floor, and bandstand.; - Climate-controlled bridal and groom suites.
    (903) 729-4000
    Request Owner's contact information
    5015 State Highway 155 Palestine, TX 75803
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    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
    5015 State Highway 155 Palestine, TX 75803
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