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3 acres in Anderson County, Texas

1291 E US Highway 84, Palestine, Texas 75801 - Anderson County
$197,500 3 Acres
Bedroom Bathrooms 3630 Sq.Ft.
Property ID 3146329


GREAT INVESTMENT OPPORTUNITY!!! Four single family homes used as rental properties on almost 3 acres with good frontage on Rusk Highway & visible from busy intersection with Loop 256 and directly across from the intersection of Highway 84 and FM 323. Property extends back to ACR 378 next to Harvey Women's Club providing an excellent block of land for future development. All homes are rented with good tenants for a total of $2625 per month. Seller is willing to offer owner financing to a good qualified buyer with $40,000 down for 10 years at 6% fixed interest rate. Monthly principal and interest of $1748.57 providing a good cash flow. Homes have been kept in good condition. More details on each house found under attachments.

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