1102 ACR 385, Palestine TX 75801

Palestine, TX 75801 | Circle R Lake

Ed's Opinion of Value

$230,635 Ed's Estimate: $421,393 $569,080
Lowest Comp Recommended List: $462,000 to $569,000 Highest Comp
The market data from 3 similar recent sales in 75801 points to a value of approximately $421,393. To sell within a reasonable timeframe at fair market value, the $462,000 to $569,000 range is where I'd position this. With 0 comparable homes on the market in 75801, this price positions the property as no active comparable homes on the market. The smaller floor plan (1,242 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2016 construction puts this home 17 years newer than the comp average, a factor in the pricing. One of the strongest data points is 321 An County Road 376, Palestine TX 75801, adjusting to $461,992; with a larger floor plan. 3 comparable transactions in 75801 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,500 Sq Ft
0.36 Acres
2016 Built

About This Property

Reasonably priced waterfront home outside Palestine, in the hills and trees of East Texas! Perfect retreat for lake and nature lovers, this home in a quiet, rural setting is ready for your finishing touches to make it complete. This unfinished home has a large open great room with vaulted ceiling and loft. Each bedroom has an ensuite bath. Kitchen bar and island are both moveable. Large utility/mud room upon entering the main door; however entering the door facing the lake invites you in to relax and enjoy lake life. Located on Circle R Lake, a small private fishing lake about 10 minutes east of historic Palestine, the county seat of Anderson County, & close to the Texas State Railroad.

Features

  • 2 Primary Baths
  • Breakfast Bar
  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

Property Details

Property Type Residential
Flooring Concrete
Cooling None
Heating None
Exterior See Remarks
County Anderson
MLS # 7647001

HOA & Community

HOA Fee $450 /Annually
HOA Includes See Remarks

Listing History

MLS# 7647001 52 days (51 CDOM)
Dec 20, 2022 Off Market
Nov 1, 2022 Price Change $125,000
Sep 27, 2022 Listed $150,000

Frequently Asked Questions About 1102 ACR 385, Palestine TX 75801

When was 1102 ACR 385, Palestine TX 75801 built?

1102 ACR 385, Palestine TX 75801 was built in 2016.

How much does 1102 ACR 385, Palestine TX 75801 cost?

1102 ACR 385, Palestine TX 75801 sold on December 20, 2022. Contact us for sale price details.

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