6175 Loop 256, Palestine, TX

Land for Sale - $595,000 - 19.43 acres


Agent Info

Commercial Department
Staples Commercial Group

Property Info

CIMLS#1191492
Location
  6175 Loop 256
  Palestine TX 75801
UpdatedMay 14th, 2026
TypeLand
Price$595,000
Land19.43 acres

Property Description

Great investment property with credit worthy Tenant. Sale to include 7 year tenant lease with TEXWIN and all additional land. Totalpurchase 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 ofthe 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 havetwo 3 year extensions. Tenant also has a First Right of Offer and First Right of Refusal on the property. Tenant paid and installed theirown septic, driveway on Loop 256, power and a slab. Seller surveyed out this piece so they would have their own tax bill for the propertysince Tenant is responsible for the Property Taxes. TEXWIN is a company that sells portable buildings to home owners.


Financials



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