6175 Loop 256Palestine, TX 75801
Anderson County
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.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Unimproved Land
- Lot size
- 19.43 acres
- Lot dimensions
- Irregular
- Days on market
- 153
- MLS® Listing#
- 26006451
Property Features
- Lot features
- City Lot
- Security
- Closed Circuit Camera(s)
Financial Details
- Annual taxes
- $2,804Tax year 2025
Directions
On N Loop 256 at the corner of Lacy St in Palestine, TX
Presented by: Raymond Ver Hey
