491 An County Road 432, Palestine, TX 75803

Building Details

Year built

2024

Number of units

9

Flooring type

Laminate

Roof type

Metal

Listing agent Michael Soape License #0745590 Show Phone

Listing office Leslie Cain Realty Abilene, TX Show Phone

Listing date May 2, 2026

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MLS# 21257252

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

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.

Map

City

Palestine

County

Anderson

State

Texas

Longitude

-95.73295

Latitude

31.86938

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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