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$475,000

351 Private Road 6294, Palestine, TX, 75801

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$353.42 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Entrance, RV Hookup, Storage
Lot Size12.50 acres

Building Information

Year Built2023

Land Information

APN831144
SubdivisionJames J Dodds
Land UseAgriculture / Farming
Legal DescriptionA0235 DODDS, JAMES J BLOCK 1124B TRACT 1B (LOT 15B)
Census Tract951002
Assessed Land Value$105,175
Assessed Improvement Value$146,030
Assessment Year2025

About this property

STUNNING COUNTRY RETREAT ON 12+ ACRES - THRIVING SHORT-TERM RENTAL - CREEK, SHOP & ENDLESS POSSIBILITIES! Welcome to your own private slice of Texas paradise—an exceptional 12+ acre retreat offering the perfect blend of peaceful country living, modern comfort, and proven income potential. Whether you’re searching for a forever home, a weekend escape, or a turnkey investment property, this unique opportunity checks every box. A beautiful pipe-fenced entrance welcomes you home, leading to a secluded and picturesque setting complete with mature trees, a scenic creek, and wide-open spaces to explore and enjoy. Built in 2023, the thoughtfully designed modular home features stunning natural wood finishes throughout, creating the warmth and charm of a rustic lodge while providing all the conveniences of modern construction. Inside, you’ll find an inviting open-concept layout centered around a spacious kitchen with Corian countertops, a full appliance package, and plenty of room for gathering with family and friends. The cozy electric fireplace creates the perfect atmosphere for relaxing evenings, while the energy-efficient mini-split heating and cooling system provides year-round comfort. With 3 generously sized bedrooms and 2 full bathrooms, the home comfortably accommodates both full-time living and guests. Currently operating as a successful short-term rental, the property is already generating consistent Airbnb income and has only recently been introduced to the market, creating exciting upside potential for future growth as visibility, reviews, and repeat bookings continue to increase. Outside, the amenities are equally impressive. A detached shop with a concrete slab provides excellent storage or workspace, while RV and boat parking with hookups creates additional flexibility for owners and guests alike. The private well, tranquil creek, abundant wildlife, and unmatched privacy make this a destination people will want to return to again and again.

Investor Tools

$588,246Estimated Mortgage Balance
$251,205Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Jimmy Henderson

Real Texas Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,730
$251,205
2025
$105,175
$146,030
$251,205
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,730
$251,205

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Building Or Construction Loan
$334,820
No
First
Sep 26, 2022
Oct 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$588,246
N/A
0%
234%
$3,786/mo

City: Palestine

351 Private Road 6294 | Property Details | No Agent List