Investment Property with Credit
6175 Loop 256 Palestine, TX 75801
6175 Loop 256, Palestine, TX, 75801
$595,000
For Sale
$595,000
19.43 acres with tenant lease and development potential.
Lot Size19.43 Acres
Days on Market62
Property Features for 6175 Loop 256
General Information
- Standard status
- Active
- Lot size
- 19.43 Acres
- Property subtype
- Commercial Lots & Land
Building Details
- Year Built
- 9999
Listing Agency
Staples Commercial Group, LLC
(903) 343-6629
Listed by
Ray Ver Hey · License #498681
(903) 343-6629
Source
Signaturere
Added: May 19 Checked: Jul 17 at 8:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Staples Commercial Group, LLC
Investment Insights
Based on property information with market context.
This 19.43-acre property presents a significant investment opportunity with a credit-worthy tenant. The sale includes a 7-year tenant lease with TEXWIN, covering 2.5 acres of the total land. The tenant lease commenced on October 1, 2025, and extends until February 28, 2033, with options for two additional 3-year extensions. The tenant also holds both First Right of Offer and First Right of Refusal on the property. An area of 1.13 acres is situated outside the flood zone, while 15.8 acres are within the flood zone. The property benefits from high visibility, with a car count of approximately 12,000 daily. The tenant has independently installed their own septic system, driveway on Loop 256, power infrastructure, and a slab. The seller has surveyed the property to establish a separate tax bill for the property, as the tenant is responsible for property taxes. TEXWIN specializes in selling portable buildings to homeowners.
Key Highlights
- Long‑term lease with credit‑worthy tenant (TEXWIN) in place until 2.28.33, plus two 3‑year extension options.
- Includes 19.43 acres of land, providing potential for future development or investment.
- Tenant is responsible for property taxes, ensuring predictable expenses for the owner.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 19.43 acres with tenant lease and development potential.
Where is this commercial land located?
The property is located at 6175 Loop 256 Palestine, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Long‑term lease with credit‑worthy tenant (TEXWIN) in place until 2.28.33, plus two 3‑year extension options.; Includes 19.43 acres of land, providing potential for future development or investment.; Tenant is responsible for property taxes, ensuring predictable expenses for the owner.
