6175 Loop 256, Palestine, Texas

$595,000
Active
6175 Loop 256, Palestine, Texas
6175 Loop 256, Palestine, Texas
6175 Loop 256, Palestine, Texas
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Property Details

MLS ID: 26006451
Status: Active
Price: $595,000
Acres: 19.43±
Type: Land, Commercial
Address: 6175 Loop 256
City, State: Palestine, TX
County: Anderson County
ZIP Code: 75801
Lat/Long: 31.76090, -95.60655

Description

Great investment property with credit worthy Tenant. Sale to include 7 year tenant lease with TEXWIN and all additional land. Total purchase is 19.43 acres, Tenant lease 2.5 acres of this. 1.13 acres remains outside of the flood zone and 15.8 acres remains inside of the flood zone. Car count for this property is approximately 12K daily. Tenant lease started on 10/1/25 and ends 2/28/33, plus they have two 3 year extensions. Tenant also has a First Right of Offer and First Right of Refusal on the property. Tenant paid and installed their own septic, driveway on Loop 256, power and a slab. Seller surveyed out this piece so they would have their own tax bill for the property since Tenant is responsible for the Property Taxes. TEXWIN is a company that sells portable buildings to home owners.

Directions: On N Loop 256 at the corner of Lacy St in Palestine, TX

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Andy Flack

Andy Flack

HomeLand Properties, Inc.

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Andy Flack
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HomeLand Properties, Inc.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.

Listed By: Ray Verhey of Staples Commercial Group, Llc - (903) 343-6629