240 Private Road 5515, Palestine TX 75801

Palestine, TX 75801 | Lake Mary

$250,000 $1,563/sqft
3 Beds
2 Baths 2 Full
160 Sq Ft
0.5 Acres
2017 Built
2 Garage

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 Highlights

Waterfront See Remarks · Lake Front, Lake Privileges, Waterfront

Features

  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Primary Bedroom on Main

Location

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Schools

Property Details

Property Type Residential
Flooring Concrete
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Exterior See Remarks, Gutters Full
County Anderson
MLS # 1929295

Parking

Garage 2 spaces

HOA & Community

HOA Fee $125 /Monthly
HOA Includes Maintenance Grounds

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Principal & Interest $0
Property Taxes $0 (not available)
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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $125/monthly.

Listing History

MLS# 1929295 - Updated Feb 26, 2026 176 days
Aug 26, 2025 Listed Listing Courtesy of Staples Sotheby's International Realty LLC - dana.staples@​staples-sothebysrealty.com $250,000

Frequently Asked Questions About 240 Private Road 5515, Palestine TX 75801

When was 240 Private Road 5515, Palestine TX 75801 built?

240 Private Road 5515, Palestine TX 75801 was built in 2017.

How much does 240 Private Road 5515, Palestine TX 75801 cost?

240 Private Road 5515, Palestine TX 75801 is listed for sale at $250,000. That is $1,563 per square foot.

How many bedrooms and bathrooms does 240 Private Road 5515, Palestine TX 75801 have?

240 Private Road 5515, Palestine TX 75801 has 3 bedrooms and 2 bathrooms (2 full) with 160 square feet of living space.

What school district is 240 Private Road 5515, Palestine TX 75801 in?

240 Private Road 5515, Palestine TX 75801 is in the Elkhart Isd school district. Assigned schools include Outside School District (elementary), Outside School District (middle), Outside School District (high school).

Does 240 Private Road 5515, Palestine TX 75801 have an HOA?

Yes, 240 Private Road 5515, Palestine TX 75801 has an HOA fee of $125 per monthly. The HOA includes maintenance grounds.

How big is the lot at 240 Private Road 5515, Palestine TX 75801?

The lot at 240 Private Road 5515, Palestine TX 75801 is 0.5 acres, and the home has 160 square feet of living space.

What type of property is 240 Private Road 5515, Palestine TX 75801?

240 Private Road 5515, Palestine TX 75801 is a residential property.

Does 240 Private Road 5515, Palestine TX 75801 have a garage?

Yes, 240 Private Road 5515, Palestine TX 75801 has a 2-car garage.

Is 240 Private Road 5515, Palestine TX 75801 waterfront?

Yes, 240 Private Road 5515, Palestine TX 75801 is a waterfront property on See Remarks. Waterfront features include lake front, lake privileges, waterfront.

What subdivision is 240 Private Road 5515, Palestine TX 75801 in?

240 Private Road 5515, Palestine TX 75801 is located in the Lake Mary subdivision in Palestine, TX.

How long was 240 Private Road 5515, Palestine TX 75801 on the market?

240 Private Road 5515, Palestine TX 75801 was on the market for 176 days, listed on August 26, 2025.

What heating and cooling does 240 Private Road 5515, Palestine TX 75801 have?

240 Private Road 5515, Palestine TX 75801 has central, electric heating and ceiling fan(s), central air, electric cooling.

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