16602 TX-19, PALESTINE, TX 75803

Homes for sale in Palestine.

Homes for sale in 75803.


16602 Tx-19

Palestine, TX 75803

Active

List Price$1,298,000

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Listing #21197096

110

Acres

Lots / Land

Type

About This Property

Dream Creek Ranch is your opportunity to own a private fishing oasis located just south of Athens! The crown jewel of the ranch is the spring-fed, 12-acre lake that remains at a near constant level and is picturesquely nestled between the main house and a backdrop of beautiful pine trees. 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. Although currently used as a family ranch, imagine the potential of a private fishing club, a corporate retreat, or a weekend getaway. Surrounded by scenic views of both open pasture and wooded areas, the ranch provides space for cabins, picnic areas, additional docks, and gathering spots for members or guests. Improvements include the 3,281-sf main house that boasts fantastic views of the lake. A unique feature of the house is that it is built around a rail car that serves as the kitchen and bunk rooms. The master suite in the house looks out over the lake and is accessed by a covered breezeway and separate lock and key. Located near the main entrance to the ranch, a 1,400 sf, 2-story log cabin is ready for renovation to create additional living space to accommodate members, guests, or family. The houses are supplied by municipal water, and there is one water meter. Lake amenities include a covered boat dock located near the main house and a two-slip boat house located on the other side of the lake from the main house. Livestock improvements include a 3,250-sf barn that features multiple horse stalls and storage space for utility vehicles and implements. The 12-acre lake has been managed for years, and the bass fishing is excellent! Duck hunting possibilities are abundant on the lake and whitetail deer are frequently seen. The current owner does not own any of the minerals. There is one producing well on the ranch. The ranch is ag-exempt, and 2025 taxes were approximately $6,200.

Property Features

Location Information

County

Anderson

Subdivision

None

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Electricity Connected, Septic Available, Water Available

Possible Best Use

Agricultural, Horses, Hunti

Utilities

Electricity Connected, Septic Available, Water Available

Zoning

Outside City Limits

Fencing

Barbed Wire, Cross Fenced, Perimeter

Road Description

State Road

Other Structures

Barn(s)

Waterfront Description

Boat Dock/Slip, Lake Front

Horse Amenities

Barn

Has Waterfront

Yes

Lot Description

Acreage, Pasture, Many Trees

Has View

Yes

Lot Size in Acres

110

View Description

Water

Lot Size in Sq. Ft.

4,791,600

Is One Story

No

Current Use

Agricultural, Cattle, Grazing, Hunting, Pasture, Ranch,

Lot Description

Acreage, Pasture, Many Trees, Boat Dock/Slip, Lake Front

School

Elementary School District

Palestine ISD

Jr. High School

Palestine

Elementary School

Story

High School

Palestine

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Ranch

Tax Annual Amount

4608.0

Year Built

2001

Documents Available

Aerial

Status

Active

Similar Listings

Mortgage Calculator

$6,060

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,677

Monthly Tax

$1,081

Monthly Insurance

$302

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

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