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  • Price cut: $55K (7/13)
    $1,295,000

    3091 Fm 322, Palestine, TX 75801

    2beds
    3,324sqft
    : 
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    Residential, Duplex
    Built in 2017
    -- sqft lot
    $1,214,000 Zestimate®
    $390/sqft
    $-- HOA

    What's special

    There aren't many properties like this in Anderson County. This property is an investor's dream. Consisting of over 8 acres, 3 single family residences, a barn, 2 separate duplexes and plenty of room to add more properties. All properties are tenant occupied with excellent rental history. The two duplexes were built in 2017 and are 1662 sq feet per unit (3324 sq feet of heated and cooled) plus an attached garage. Each unit has 2 bedrooms and 2 bathrooms with an open concept floor plan. Other units include: an 800 sq foot tiny home, a 1980 sq foot barn, an 1800 sq foot shop with a 600 sq foot apartment, and an 1100 sq foot single family residence. Seller can provide more property information, more photos, rent roll and property updates. Appointments and pre approval and or proof of funds to see the properties is required.
    85 days
    |
    63
    |
    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brandi Hill 903-391-3044,

    Premier Realty

    Source: Palestine AOR,MLS#: 103288

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: See Remarks
      Features
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 3,324
      • Total interior livable area: 3,324 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel, Driveway
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: See Remarks
      • Fencing: Wire
      Lot
      • Size: 8.17 Acres
      • Topography: Level
      Details
      • Parcel number: 11685

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Residential, Duplex
      • Attached to another structure: Yes
      Materials
      • Other
      • Foundation: Other
      • Roof: Other
      Condition
      • Year built: 2017

      Utilities & green energy

      • Electric: Oncor
      • Gas: Sumrall Propane
      • Sewer: Septic System, Aerobic Septic
      • Water: Community, Pleasant Spring

      Community & HOA

      Community
      • Subdivision: Crist, Stephen
      Location
      • Region: Palestine

      Financial & listing details

      • Price per square foot: $390/sqft
      • Tax assessed value: $885,243
      • Annual tax amount: $13,500
      • Date on market: 4/26/2026
      • Listing terms: Cash,3rd Party Only

        Estimated market value

        $1,214,000

        $1.15M - $1.27M

        $1,428/mo

        Price history

        DateEventPrice
        7/13/2026Price change$1,295,000-4.1%$390/sqft
        Source: Palestine AOR #103288 Report a problem
        4/26/2026Listed for sale$1,350,000+1678.7%$406/sqft
        Source: Palestine AOR #103288 Report a problem
        11/17/2020Sold--
        Source: Agent Provided Report a problem
        8/17/2020Price change$75,900-10.2%$23/sqft
        Source: COMBINED ASSOCIATES #90808 Report a problem
        7/18/2020Price change$84,500-6.1%$25/sqft
        Source: COMBINED ASSOCIATES #90808 Report a problem
        5/11/2020Listed for sale$90,000-80.6%$27/sqft
        Source: COMBINED ASSOCIATES #90808 Report a problem
        3/16/2010Listing removed$465,000$140/sqft
        Source: Systems Engineering, Inc. #80135 Report a problem
        3/13/2010Listed for sale$465,000$140/sqft
        Source: Systems Engineering, Inc. #80135 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,958 -1.6%$885,243
        2024$14,183 -0.6%$885,243 +0.4%
        2023$14,274 +11.6%$881,316 +30.5%
        2022$12,787 +12.1%$675,256 +18.8%
        2021$11,405 $568,159 +1.8%
        2020-- $558,304 +1.6%
        2018-- $549,314 +180%
        2017-- $196,176 -1.1%
        2016-- $198,379
        2015-- $198,379
        2014-- $198,379 +134.7%
        2008-- $84,540
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75801

        Getting around

        1 / 100
        Car-Dependent
        7 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Palestine ISD

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

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