16602 Tx-19 Active

Palestine,TX 75803

$ 2100000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20640608

Year Built 2001

Annual Tax Amount $4,608

Lot Size 136.300 Acres

Property Description

The 12-acre spring fed lake on the Mayo Ranch is gorgeous, full of large bass, and is the prize of this East Texas gem. Improvements include a 3,291 sf main house that features a separate master suite that is accessed by a covered walkway, a 1,400 sf log cabin that could be huge bonus feature with a little work, an additional very functional cabin, and an approximate 3,250 sf barn with horse stalls. A unique feature of the main house is that it is built around a rail car that serves as the kitchen. World-class fishing opportunities await the buyer as the lake is stocked with up to 10+ pound bass, a boat house and a covered boat dock. A hiking trail through the pine trees near the lake offers the opportunity to experience the tranquility of the ranch. Located just south of Athens, the ranch has approx 1,693 feet of SH 19 frontage. Water is supplied by a local municipality and there are two water meters on the ranch. The ranch is ag-exempt, and 2023 taxes were approximately $7,200.

Location

State TX

County Anderson

Zoning Outside City Limits

Exterior

Fence Barbed Wire,Cross Fenced,Perimeter

Utilities Available Aerobic Septic,City Water,Electricity Connected,Outside City Limits

Waterfront Description Dock ? Covered,Lake Front

Building

Lot Description Acreage,Many Trees,Water/Lake View

Schools

Elementary Schools Story

Middle Schools Palestine

High Schools Palestine

School District Palestine Isd

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition Aerial Photo

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