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Days335Days on Market
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$575,000

1420 E Palestine Ave, TX, 75801

On MarketInfo
CommercialInfo
Baths0 Bath
Baths9,040 Sq Ft
WarehouseWarehouse
Year BuiltBuilt in 1981

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Tile

Exterior

Lot Size3.51 acres

Building Information

Year Built1981

Land Information

APN63641
SubdivisionSamuel G Wells
Land UseCommercial
Legal DescriptionA0065 WELLS, SAMUEL G BLOCK 856 TRACT 3 & 3A
Census Tract950500
Assessed Land Value$206,409
Assessed Improvement Value$149,849
Assessment Year2025

About this property

Versatile Commercial Opportunity on 3.51 Acres! Positioned just off the main highway, this expansive 25,818 sq ft warehouse offers endless potential. The structure features multiple bay doors for easy access, temporary interior walls with drop ceilings, and a loft-style area ideal for storage or a break room. Several restrooms throughout enhance functionality for various operations. Fully fenced for added security and privacy, this property is perfect for warehousing, light manufacturing, distribution, or redevelopment. Don’t miss this rare chance to own a high-visibility, high-capacity commercial site!

Investor Tools

Property Icon
$356,258
Estimated Property Value
$260,000Estimated Mortgage Balance
$221,494Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Landmark Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,806
$356,258
2025
$206,409
$149,849
$356,258
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,806
$356,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East Texas National Bank
Commercial
$260,000
No
First
Aug 23, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,764
$221,494
62%
38%
$1,559/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Palestine

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1420 E Palestine Ave | Property Details | No Agent List