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$350,000   Price Analysis
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240 Private Road 5516
Palestine, TX 75801
3 bed 2 bath 1,960 SqFt ($178/SqFt)
Built 2017
Listed 2024-05-17, HOA $117
USDA Eligible
near Palestine, TX
 

!!MOTIVATED SELLERS!!

Welcome to your dream retreat on the private tranquil shores of the 14 acre-Lake Mary. Step off the sandy bank and into luxury living with this stunning newer barn-dominium, boasting expansive living spaces and modern amenities it is nestled on one of the largest lake lots that is offered in this gated subdivision (3 to be exact). It hosts 3 bedrooms with a flex space, 2 bathroms, an open concept kitchen/living area and plenty of storage. Whether you are seeking a serene weekend get-a-way or year-round paradise, this property offers the perfect blend of sophistication, natural beauty and southern charm.

With it's panoramic views of the lake and ample space for outdoor recreation you can't help but to enjoy all the tranquility that's provided; whether taking a nap out in the hammock by the shore or listening to the crawdads sing andwhile reeling in that big bass. This home welcomes you to get comfy on those East Texas Nights while your fire pit is giving off the perfect ambiance as the sun sets in the distance. You don't want to miss this opportunity to make this exclusive oasis yours and make every day a stay-cation not vacation. Seller is leaving new paddle boat.


Presented by Meagan Miller at
LPT Realty LLC.
Listing Agent Photo

Property MLS #24006770 from Tyler

Bedrooms: 3

Total Bathrooms: 2 / 0
Full Bathrooms: 2
Bathroom 1 Description: Shower/Tub

Ceiling Fan
Security System
Blinds
Interior Amenities: Guest Bedroom Split, Sitting Area in Master, Walk-In Closet

1 Living Area, Media Room

Dishwasher
Pantry
Oven-Electric
Cooktop-Electric
Dining Room Description: Den/Dining Combo

Cooling Features: Central Electric
Heating Features: Central/Electric

Security Gate
Patio Covered
Security Lighting
Gutter(s)

Carport Features: 2
Garage Description: Detached, Golf Cart Storage

Association: Yes
Association Fee: 1400
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 117

Elementary School: Elkhart
High School: Elkhart
Middle School: Elkhart

Elkhart High School is a public high school located approximately 3.4 miles away.
directions icon Map directions

Elkhart Middle School is a public middle school located approximately 4.9 miles away.
directions icon Map directions

Elkhart Elementary School is a public elementary school located approximately 4.9 miles away.
directions icon Map directions

Annual Tax Amount: 2629
Source Listing Status: Active
County: Anderson
Directions: From the Loop and 84 in Palestine take left go 450 feet to fm323 veer to right after 4 miles to Acr 153, turn right at 2 miles to pvt rd 5516 back entrance to Lake Mary HOA contact Meagan for Gate code at gate turn left house will be on right.
Tax Year: 2023
Source Property Type: RESIDENTIAL
Area: Anderson
Source Neighborhood: Anderson
Property Subtype: Single Family Detached
Source System Name: C2C

Price Changed 2024-06-29
$350,000
Tyler
Price Changed 2024-06-29
$350,000
Palestine
Price Changed 2024-06-12
$365,000
Palestine
Price Changed 2024-06-12
$365,000
Tyler
Price Changed 2024-06-05
$375,000
Palestine
Price Changed 2024-06-05
$375,000
Tyler
Price Changed 2024-05-20
$380,000
Palestine
Price Changed 2024-05-20
$380,000
Tyler
Listed 2024-05-17
$429,000
Palestine
Listed 2024-05-17
$429,000
Tyler
Listing removed 2023-01-31
$0
Palestine
Relisted 2022-12-31
$229,900
Palestine
Listing removed 2022-12-16
$0
Palestine
Relisted 2022-11-21
$229,900
Palestine
Listing removed 2022-11-15
$0
Palestine
Price Changed 2022-10-21
$229,900
Palestine
Price Changed 2022-10-11
$239,900
Palestine
Price Changed 2022-09-28
$249,900
Palestine
Price Changed 2022-09-02
$259,900
Palestine
Listed 2022-08-18
$269,900
Palestine

Total Square Feet Living: 1960
Year Built: 2017
Building Exterior Type: Metal
Other Buildings: Gazebo
Foundation Details: Slab
Property Age: 7
Roof: Aluminum/Metal
Levels or Stories: 1 Story
Year Built Source: ACAD

Security Features: Security Gate: Yes
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.