Prime Palestine Development
For Sale
$125,000
Gillespie Rd., Palestine, TX 75801
Land, PALESTINE, TX
Property SizeContact for details
Lot Size7.00 Acres
Days on Market146
Property Features for Gillespie Rd.
General Information
Property type
Land
Property subtype
Other
Fencing
Barbed Wire
Subdivision
OTHER SUBDIVISION
Lot features
Native Unimproved Pasture, Level
Elementary school district
Palestine ISD
Middle school district
Palestine ISD
High school district
Palestine ISD
Standard status
Active
Lot size
7.00 Acres
Taxes and HOA fees
Tax Description
A0004 ARTHUR, JOHN BLOCK 882 TRACT 46 and A0004 ARTHUR, JOHN BLOCK 882 TRACT 45 & 47
Tax Annual Amount
2023
Legal Description
A0004 ARTHUR, JOHN BLOCK 882 TRACT 46 and A0004 ARTHUR, JOHN BLOCK 882 TRACT 45 & 47
Utilities
Utilities
Water Available
Listing Agency:
Pineywoods Real Estate
(903) 480-0760
Listed By:
Krispen Rucker, GRI · License #TREC#0460878
(903) 724-4839
Added: Apr 22
Changed: Aug 20
Last Checked: Sep 14 at 3:06AM
MLS# 103280
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 prime 7-acre tract is located within the city limits and presents an exceptional opportunity for residential or mixed-use development. All utilities are readily available, streamlining construction and reducing upfront infrastructure costs. The property features ample space for a variety of development concepts, with convenient access to nearby roads, services, and amenities. A transmission line runs along the east side of the property, which may provide a natural boundary for planning or open space integration. This site is ideal for developers seeking a well-positioned site with strong potential.
Key Highlights
- Prime 7‑acre tract within city limits suitable for residential or mixed‑use development.
- All utilities readily available, reducing upfront infrastructure costs.
- Ample space for various development concepts.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 7-acre tract ideal for residential or mixed-use development.
Where is this residential land & home lot located?
The property is located at Gillespie Rd. Palestine, TX.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Prime 7‑acre tract within city limits suitable for residential or mixed‑use development.; All utilities readily available, reducing upfront infrastructure costs.; Ample space for various development concepts.
