tomo logo

$1,350,000

Beds
3
Baths
2.0
sq ft
1,824

599 Anderson County Road 387, Palestine, TX 75801

599 Anderson County Road 387

Palestine, TX 75801

  • 280 days on market
    • Price drop $75,000↓
Discover the ultimate ranch retreat at the 387 Ranch, a sprawling 171.275-acre property located just 12 minutes east of downtown Palestine, Texas. Boasting approximately 100 feet of elevation change, the 387 Ranch showcases a diverse landscape. Open, improved pastures provide ample grazing for livestock, while mature mixed timber stands offer shade, beauty, and potential income. At the heart of the property, you'll find a meticulously renovated 1,824 square foot residence, originally constructed in 1977 (per ACAD records). A two-car garage and detached carport provide shelter for vehicles and UTVs. The presence of Anderson County Road 387 running through the ranch offers intriguing possibilities. The option to sell off the eastern portion of the property in one or multiple tracts could provide a significant return on investment, making this property not just a private retreat but also a savvy financial opportunity.

Details

Property type

Single Family Residence

Lot size

171.275 acres

Price per sq ft

$741

Year built

1977

Price History

04/23/2024
NTREIS

NTREIS #20495051

Price change
$1,350,000
-5.26%
01/24/2024
NTREIS

NTREIS #20495051

Price change
$1,425,000
-6.56%
12/14/2023
NTREIS

NTREIS #20495051

Listed
$1,525,000

Schools & Community

Elementary school: 

Story

Middle school: 

Palestine

High school: 

Palestine

School district: 

Palestine ISD

Status: Active

Tomo last checked: 09/20/2024 at 5:35 AM

Listing updated: 07/29/2024 at 1:30 PM

Listed by: Cody Robertson, Whitetail Properties Real Estate Phone #: (217) 285-9000

MLS: NTREIS #20495051

NTREIS logo

Recently listed in Palestine

$180,000|1 bd|2.0 ba|House
$450,000|5 bd|2.5 ba|House
$144,999|2 bd|2.0 ba|House
$135,000|3 bd|1.5 ba|House
$359,000|5 bd|4.0 ba|House
$399,999|3 bd|2.0 ba|House
$129,000|3 bd|2.0 ba|House
$140,000|2 bd|2.0 ba|House