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    5150 Private Rd Palestine, TX 75801

    New
    For Sale
    $369,900

    Acreage,Undeveloped, Undeveloped - PALESTINE, TX

    Lot size:
    8.00 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 13 at 2:06 am

    Property Features for 5150 Private Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R397668
    Exterior features
    None, Fence
    Fencing
    Fenced
    Lot size
    8.00 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Corey Russell (903) 729-4000

    Listing date Dec 10, 2025

    MLS# 101825 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

    8-Acre Lakefront Sanctuary with Waterfall

    This 8-acre property is located within a gated lake community and features a private waterfall with direct lakefront access. The tract offers multiple potential build sites, allowing for a customized lifestyle design. The community provides gated security, well-maintained concrete paved roads, and recreational areas. This property is located in Palestine, Texas.
    Location Intelligence

    Current Use by Public Records

    Recreation 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 - 8-acre lakefront property with private waterfall in Palestine, Texas.
    Where is this land located?
    The property is located at 5150 Private Rd Palestine, TX.
    What is the asking price?
    The asking price for this property is $369,900.
    What are key features of this property?
    This property features: - Private waterfall on the property; - Enjoy lakefront access; - Located within an exclusive gated lake community
    (903) 729-4000
    Request Owner's contact information
    5150 Private Rd 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.

    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
    5150 Private Rd Palestine, TX 75801
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