79 Brookhollow Dr, Palestine, TX 75801
Exceptional investment opportunity: 55.009 acres (±) of timberland located in Palestine, Texas, offering a unique blend of city convenience and rural tranquility. This expansive property boasts mature trees and abundant wildlife, creating a serene and private setting. Access is provided via a city residential lot on Brookhollow Lane, leading to the back portion of the tract situated outside city limits. Gum Creek flows through the property, adding to its natural beauty. The county portion of the land is not subject to known building restrictions, presenting numerous possibilities for residential development, recreational activities, or a combination of both. Potential buyers should independently verify the availability, costs, restrictions, and codes associated with utilities; city utilities may be accessible depending on the chosen building site. The legal description encompasses WOODRIDGE ADDITION #2 BLOCK B LOT 10 (approx. 0.8890 acres ±), A0020 EDLEY EWING BLOCK 1188 TRACT 5 & 9 (approx. 17.77 acres ±), and A0020 EDLEY EWING BLOCK 1186 TRACT 4 (approx. 36.35 acres ±), totaling 55.009 acres (±). Asking price: $335,000. Located at Hwy 79 Brookhollow Dr, Palestine, TX 75801.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.