
$382,000
NAL Estimated Property Value5512 W Fm 320, Palestine, TX, 75803
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About this property
Gorgeous 48 acre ranch, currently used for cattle but was once used as an emu farm. Set atop a picturesque setting, this 2552 sf estate has been meticulously updated and loved. Porches and patios at every door provide plenty of living space. Bright entry with open floor plan. Living room features hardwood floors, soaring ceilings, wood burning fireplace. Formal dining with chandelier and gorgeous mirror. Chef's dream gourmet kitchen has center island with marble tops
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Palestine
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