TR 11 & 11C N Loop 256

Palestine, TX 75801
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Sold
Sold
$160,001 - $185,000
Sold on November 30, 2021
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20.55 Lot Acres
Lots

Description

Great East TX COMMERCIAL and/or RESIDENTIAL acreage for sale! The undeveloped acreage is located inside the city limits on the main Loop 256 around city of Palestine, with quick access to everything the city has to offer. The bulk of this listing - Tract 11 - is approximately 20 acres and is on the south side (inside) of Loop 256 with road frontage of 275' on Loop 256 and N. Link St. has almost 1,300' of frontage, but the sale does not include the corner lot. The smallest portion of this listing - Tract 11C - is on the north side (outside) of Loop 256. See the Anderson county plat for location of both tracts. The smaller portion of Tract 11 that fronts S side of Loop 256 is zoned commercial; rest is zoned residential. See associated docs for locations of water/sewer lines. Would be great for a subdivision, senior/over 65 community or multi-family development. Buyer could petition city of Palestine for rezoning if desired to potentially make the whole parcel retail,commercial.

Documents
MLS#
33436866
Sold Price Range
$160,001 - $185,000
Listing Status
Sold
Address
TR 11 & 11C N Loop 256
City
State
TX
Zip Code
Subdivision
Samuel G Wells
Legal Description
Tracts 11 & 11C, Block 860, A0065 Wells,Samuel G
Property Type
Lots
Lot Size
20.55 Lot Acres./Appraisal District
Market Area

Exterior

Lot Description
Corner, Other, Wooded
Cable
Unknown
Water Sewer
No Water
Phone
Unknown
Electric
Availability Unknown
Gas
Availability Unknown
Road Surface
Asphalt
Unit Location
Corner,Other,Wooded

Lot information

Lot Size
20.55 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Other
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$2,019/1846

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
3%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated Monthly Payments

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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated May 04, 2024 at 05:37 PM
Listing last updated Dec 03, 2021 at 11:26 AM

TR 11 & 11C N Loop 256, Palestine, TX 75801. View photos, map, tax, nearby homes for sale, home values, school info...

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