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750 N US Highway 287 - 750 N US Highway 287, Palestine, TX 2 Unit Apartment Building Offered at $913,032 CAD Palestine, TX 75803

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Executive Summary

Welcome to one of the most unique and versatile properties in Texas! Situated on 7.5 acres, this exceptional estate offers everything you could dream of and more. The centerpiece is a 4-bedroom, 3.5-bath main home with spacious rooms throughout, perfect for family living or entertaining. Above the large horse barn, you'll find a charming 1-bedroom, 1-bath apartment, ideal for guests, staff, or extra income potential. Adjacent to the home, you’ll step into a piece of history with a classic old saloon, complete with a pool hall, bathroom, and a cozy bunkhouse. It’s a fantastic space for gatherings, parties, or simply stepping back in time. The saloon is complemented by a smokehouse and a large workshop, giving you even more opportunities for hobbies, storage, or projects. For the equestrian enthusiast, this property is a dream come true. The large horse barn, training corral, and horse wash provide everything needed for horse care and training. It’s the ideal setup for a professional horse training facility or simply a place to nurture and enjoy your horses. As you enter the property, you’ll be transported to the Wild West with a full replica of Tombstone’s iconic town front. This remarkable feature adds an unmistakable charm to the property, making it a perfect backdrop for events or photoshoots. The property’s long driveway and heavily wooded borders provide a sense of seclusion, while still being conveniently located. The tranquil, private setting makes it ideal for a residential retreat, multi-family living, or even as an AirBNB or special event venue. Relax and unwind under the shaded gazebo, surrounded by nature’s beauty. With its vast possibilities and unique features, this property is an investment opportunity like no other. Plus, you can even negotiate some of the furnishings to make it truly your own. Don’t miss your chance to own this extraordinary piece of Texas!

LBP - 750-N-Us-Highway-287

SD - 750-N-Us-Highway-287

OSSF - 750-N-Us-Highway-287

Property Facts

Price	$913,032 CAD	Building Size	3,729 SF
Price Per Unit	$456,516 CAD	No. Stories	2
Sale Type	Investment	Year Built	1977
No. Units	2	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily Multifamily Apartments Office Office Residential

Price	$913,032 CAD
Price Per Unit	$456,516 CAD
Sale Type	Investment
No. Units	2
Property Type	Multifamily Multifamily Apartments Office Office Residential
Building Size	3,729 SF
No. Stories	2
Year Built	1977
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.