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$429,000

5730 E FM 323, Palestine, TX, 75801

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.01 / sqft
Year BuiltBuilt in 1982

About this property

Imagine the possibilities! This 16.12 acre property has a 2,014 sq ft one story brick house which was built in 1982 and has great views of the back of the property and the neighboring owners lake. Open floor plan with 3 bedrooms and 2 baths. Furniture is negotiable. There is a convenient adjacent 3 car carport and attached shop/storage building. The immaculately and lovingly maintained property is a mixture of gently sloping, open pasture with beautiful views overlooking the park like forests and trails providing habitat for the abundant wildlife in the area. Perimeter fencing and community water. Palestine is a growing city with access to restaurants, shopping and activities minutes away. This listing is a duplicate of MLS 26002127 which is listed as Farm & Ranch.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

Interested in this property?

Jana Dillard

Staples Sotheby's International Realty

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Financing Details

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

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.

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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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