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  • Price Unknown

    240 Private Road 5515, Palestine, TX 75801

    3beds
    1,960sqft
    Single Family Residence
    Built in 2017
    -- sqft lot
    $199,200 Zestimate®
    $--/sqft
    $2,160 Estimated rent

    Home value

    $199,200

    Estimated sales range

    Not available

    $2,160/mo

    Zestimate® history
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    What's special

    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 overhead door to 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! Paddle out to the swimming platform in the center of the lake for fun! 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dana Staples 903-724-2477,

    Staples Sotheby's International Realty

    Bought with:

    Willie Hibbard, TREC# 0561211

    Source: GTARMLS,MLS#: 26004126MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Family Room, Utility Room, 1 Living Area
    Bedroom
    • Level: Main
    Bedroom 1
    • Area: 153.24
    • Dimensions: 15.58 x 9.83
    Bedroom 2
    • Area: 142.94
    • Dimensions: 10.33 x 13.83
    Bedroom 3
    • Area: 160
    • Dimensions: 10.67 x 15
    Bathroom
    • Features: Shower Only, Shower/Tub
    Dining room
    • Features: Den/Dining Combo
    • Area: 99.03
    • Dimensions: 9.58 x 10.33
    Family room
    • Area: 226.25
    • Dimensions: 15.08 x 15
    Kitchen
    • Area: 104.17
    • Dimensions: 10.42 x 10
    Living room
    • Area: 253.61
    • Dimensions: 18.33 x 13.83
    Office
    • Area: 140
    • Dimensions: 9.33 x 15
    Heating
    • Central/Electric
    Cooling
    • Central Electric
    Appliances
    • Included: Electric Cooktop, Electric Water Heater
    Features
    • Ceiling Fan(s)
    • Flooring: Concrete
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,960
    • Total interior livable area: 1,960 sqft

    Property

    Parking
    • Parking features: Other/See Remarks, Garage Faces Front
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch
    • Exterior features: Gutter(s)
    • Pool features: None
    • Fencing: None
    • On waterfront: Yes
    • Waterfront features: Waterfront, Water/Lakefront
    • Body of water: Mary
    Lot
    • Features: Subdivision Lot, Other/See Remarks
    Details
    • Additional structures: None
    • Parcel number: R853851
    • Special conditions: Real Estate Owned,Homeowner's Assn Dues,Other/See Remarks

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Barndominium
    • Property subtype: Single Family Residence
    Materials
    • Stone, Metal
    • Foundation: Slab
    • Roof: Aluminum/Metal
    Condition
    • Year built: 2017

    Utilities & green energy

    • Sewer: Aerobic Septic
    • Water: Cooperative, Company: Walston Springs
    • Utilities for property: Overhead Utilities, Cable Connected, Satellite Internet

    Community & HOA

    Community
    • Subdivision: Lake Mary
    HOA
    • Has HOA: Yes
    • HOA fee: $125 monthly
    Location
    • Region: Palestine

    Financial & listing details

    • Annual tax amount: $1,554
    • Date on market: 3/24/2026
    • Listing terms: Conventional,Cash
    • Road surface type: Paved, Gravel

    Price history

    DateEventPrice
    5/13/2026Sold--
    Source: GTARMLS #26004126 Report a problem
    5/7/2026Pending sale$222,000$113/sqft
    Source: NTREIS #21218791 Report a problem
    4/15/2026Price change$222,000-11.2%$113/sqft
    Source: NTREIS #21218791 Report a problem
    8/22/2025Price change$250,000-13.8%$128/sqft
    Source: GTARMLS #25012777 Report a problem
    9/8/2024Price change$290,000-3.3%$148/sqft
    Source: NTREIS #20622255 Report a problem
    8/6/2024Price change$300,000-9.1%$153/sqft
    Source: NTREIS #20622255 Report a problem
    7/6/2024Price change$330,000-5.7%$168/sqft
    Source: NTREIS #20622255 Report a problem
    6/29/2024Price change$350,000-4.1%$179/sqft
    Source: NTREIS #20622255 Report a problem
    6/12/2024Price change$365,000-2.7%$186/sqft
    Source: NTREIS #20622255 Report a problem
    6/5/2024Price change$375,000-1.3%$191/sqft
    Source: NTREIS #20622255 Report a problem
    5/20/2024Price change$380,000+284.2%$194/sqft
    Source: NTREIS #20622255 Report a problem
    5/24/2018Price change$98,900-14%$50/sqft
    Source: Landmark Realty #88607 Report a problem
    3/23/2018Listed for sale$115,000$59/sqft
    Source: Landmark Realty #88607 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 75801

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Elkhart
    • Middle: Elkhart
    • High: Elkhart

    Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.