




$250,000
TBD Private Road 5150, Palestine, TX, 75801
About this property
Don't miss a rare opportunity to own an extraordinary 9.35-acre tract in a beautiful gated planned community on scenic Dogwood Lake. Tucked away on a quiet cul-de-sac, this breathtaking property offers peaceful water views from the back of the acreage, fantastic fishing, and multiple scenic build sites perfect for your dream home, private retreat, or weekend getaway. Towering trees, rolling terrain, and stunning natural surroundings create the ideal balance of privacy, beauty, and flexibility. Residents enjoy paved roads, gated security, and lake access, all while being just minutes from town. Whether you are looking to build now or invest, this stunning lakeside property offers the space, setting, and lifestyle that are becoming harder to find. Schedule your showing today!
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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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