$4,995,000
Lake Palestine Ranch is a rare offering, being the largest continuous property with frontage on Lake Palestine. Lake Palestine is a sprawling 25,560 acre lake that touches 4 Texas Counties, located between Tyler & Athens, just 1.5 hrs back to Downtown Dallas. This is a unique opportunity to own such a large waterfront property on Lake Palestine that offers versatile use as an investment property, recreational ranch, waterfront development, cattle or hunting ranch. The ranch also has 4 internal lakes and ponds ranging from under 7+/- acres to 1 acre, offering additional recreation, hunting, and fishing opportunities. The opportunities are endless with this 265+/- acre property. Additional acreage available, totaling 650 acres.
The ranch is about 60% wooded, and 40% pasture, offering a great balance for hunting, cattle, and access around the ranch. Lake Palestine Ranch is loaded with Native wildlife like Whitetail Deer, Feral Pigs, Eastern Turkey, Ducks, Dove, Coyotes, and other various species Native to this Region of Texas. In addition to hunting, Lake Palestine is known for great fishing, like Largemouth Bass, White Bass, Striped Bass, Crappie, Black-Nose Crappie, Sunfish, and various species of Catfish like Flathead, Channel, and Blue.
The property has great access with 2,600 ft on CR 3412. The property has access to electricity, and an Aqua water line that runs along the County Road, in addition to a 20 GPM water well that serves the property.
WATER: Frontage & access on Lake Palestine. 4 private lakes and ponds on the property, ranging from under acre to 7+/- acres. 1 20 GPM water well. There is also an Aqua water line at the County Road.
LOCATION: 1.5 hours to Downtown Dallas, 28 mins to Athens, 30 mins to Tyler, 2 hours to Waco, 3 hours to Houston, 3.5 hrs to Austin, 5 hrs to San Antonio.
POTENTIAL USE: Ranch, hunting, development/commercial, investment hold, cattle ranching.
UTILITIES: Aqua water line, electricity, 1 water well.
3781360
MLS
00 County Road 3411, Chandler