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6175 TX-256 Hwy 19.43 Acres of Commercial Land Offered at $595,000 in Palestine, TX 75801
Investment Highlights
- Long term land lease
Executive Summary
Great investment property with credit worthy Tenant.
Sale to include 7 year tenant lease with TEXWIN and all additional land.
Total purchase is 19.43 acres, Tenant lease 2.5 acres of this.
1.13 acres remains outside of the flood zone and 15.8 acres remains inside of the flood zone. Car count for this property is approximately 12K daily.
Tenant lease started on 10/1/25 and ends 2/28/33, plus they have two 3 year extensions. Tenant also has a First Right of Offer and First Right of Refusal on the property. Tenant paid and installed their own septic, driveway on Loop 256, power and a slab. Seller surveyed out this piece so they would have their own tax bill for the property since Tenant is responsible for the Property Taxes.
TEXWIN is a company that sells portable buildings to home owners.
Sale to include 7 year tenant lease with TEXWIN and all additional land.
Total purchase is 19.43 acres, Tenant lease 2.5 acres of this.
1.13 acres remains outside of the flood zone and 15.8 acres remains inside of the flood zone. Car count for this property is approximately 12K daily.
Tenant lease started on 10/1/25 and ends 2/28/33, plus they have two 3 year extensions. Tenant also has a First Right of Offer and First Right of Refusal on the property. Tenant paid and installed their own septic, driveway on Loop 256, power and a slab. Seller surveyed out this piece so they would have their own tax bill for the property since Tenant is responsible for the Property Taxes.
TEXWIN is a company that sells portable buildings to home owners.
Property Facts
| Price | $595,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 19.43 AC |
| Property Type | Land | Cross Streets | Lacy st |
| Price | $595,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 19.43 AC |
| Cross Streets | Lacy st |
1 Lot Available
Lot
| Price | $595,000 | Lot Size | 19.43 AC |
| Price Per AC | $30,622.75 |
| Price | $595,000 |
| Price Per AC | $30,622.75 |
| Lot Size | 19.43 AC |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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6175 TX-256 Hwy
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