240 PRIVATE ROAD 5515, PALESTINE, TX 75801
Homes for sale in Palestine.
Homes for sale in 75801.
240 Private Road 5515
Palestine, TX 75801
List Price$250,000
Listing #21041681
About This Property
Escape to the beauty of East Texas with this barndominium on gated private Lake Mary--a 14-acre spring-fed lake tucked among rolling hills and towering trees near historic Palestine. Step inside to an inviting open living, dining, and kitchen area designed for relaxed gatherings. This home offers 3 bedrooms including a spacious primary suite with loft, office, and private bath, plus two guest bedrooms with a shared bath. Easy maintenance stained concrete floors throughout. The primary suite can also serve as a second living space and opens onto a large covered back porch with serene lake views. Nestled on one of the largest lots on Lake Mary, where the fishing is great, the property is shaded by mature trees and features a pergola and ample space for outdoor enjoyment. A detached 2-car carport includes storage for vehicles, boat, and all your lake toys. Two kayaks are included, so you can start enjoying lake life from the moment you arrive! Whether full time residence or a weekend retreat, relaxing on the porch, fishing, or paddling the quiet waters will provide the lake life you desire!
Property Features
Location Information
County
Anderson
Subdivision
Lake Mary
Interior Features
Rooms
Second Floor Bedroom, First Floor Bedroom, First Floor Dining Room, First Floor Family Room, First Floor Full Bath, First Floor Kitchen, First Floor Laundry, First Floor Living Room, First Floor Office, First Floor Primary Bathroom, First Floor Primary Bedroom
Has Fireplace
No
Interior
Built-in Features, Open Floorplan, Pantry, Cable TV, Natural Woodwork
Number of Fireplaces
0
Master Bedroom Description
10 x 16
Heating
Central, Electric
Full Baths
2
Cooling
Central Air, Ceiling Fan(s), Electric
Dining Room Description
10 x 10
Floors
Concrete
Living Room Description
18 x 14
Laundry
Laundry in Utility Room
Kitchen Description
10 x 10
Appliances
Electric Cooktop
Exterior Features
Style
Barndominium, Detached
Patio / Deck Description
Covered
Stories
2
Pool Description
None
Construction
Metal Siding
Lot Description
Subdivision, Waterfront
Foundation
Slab
Lot Size in Acres
0.5
Roof
Metal
Lot Size in Sq. Ft.
21,780
Water / Sewer
Electricity Connected, Septic Available, See Remarks, Cable Available
Road Description
Private Road
Utilities
Electricity Connected, Septic Available, See Remarks, Cable Available
Waterfront Description
Lake Front, Waterfront
Security System
Smoke Detector(s)
Has Waterfront
Yes
Parking Description
Carport, Driveway
Is One Story
No
Garage Spaces
0
Lot Description
Subdivision, Waterfront, Lake Front, Waterfront
Fencing
None
Windows Description
Window Coverings
School
Elementary School District
Elkhart ISD
Jr. High School
Elkhart
Elementary School
Elkhart
High School
Elkhart
Additional Information
Year Built Details
Preowned
HOA Fee
$125
Property Type
SFR
HOA Frequency
Monthly
Property SubType 2
House
HOA Includes
Association Management, Maintenance Grounds
Property SubType
Single Family Residence
Tax Annual Amount
2724.0
Year Built
2017
Exclusions
See Associated Documents
Status
Active
Documents Available
Aerial
Has a Home Owners Association
Yes
Similar Listings
Mortgage Calculator
$1,166
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$900
Monthly Tax
$208
Monthly Insurance
$58
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
Walk Score
Listing courtesy of
Dana Staples, Staples Sotheby's Internationa
© 2026 North Texas Real Estate Information Systems. All rights reserved.
We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an "as is, as available" basis only.
NTREIS - North Texas data last updated at January 14, 2026, 4:05 PM CT
Real Estate IDX Powered by iHomefinder