$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 #20495051
Price change
$1,350,000
-5.26%
01/24/2024
NTREIS #20495051
Price change
$1,425,000
-6.56%
12/14/2023
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
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