$2,400,000
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9.73 Acres Lot
SOLD DATE : 06/15/2020
Key Details
Property Type Single Family Home
Sub Type Building
Listing Status Sold
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 10115931
Sold Date 06/15/20
Lot Size 9.730 Acres
Acres 9.73
Lot Dimensions Irregular
Property Description
Lake Palestine RV Resort with Camping, Boat Marina, Cabins, Restaurant, Boat Launch, Banquet Hall, Store, Live Bait, Fuel, LP Gas and more. All right on Beautiful Lake Palestine, busy HWY 155 and just a 15 minute drive to the heart of Tyler. Includes 60 RV sites, 25 Lodging units, 80 Covered Boat Slips, 21 open Boat Slips, plus 90% of all Fishing Tournaments are held right here. This place is capable of making over $1,000,000 annually in sales. Owner has an appraisal from 2016 showing a $3.5 M value. Owner wants to retire and is ready to SELL! Lake Palestine is over 17 miles long and has some of the best fishing in all of East Texas. It has a constant river running thru it and is regulated by a spillway and not a dam so the water lever stay pretty constant throughout the year. If you ever thought of owning an RV Park, now's your chance along with a full Marina. Don't miss out on this property as it's one of the only two places on the lake that offers a Full Marina and Camping combined, plus this one is located right on HWY 155 and has over 13,000 cars pass by it daily. Also visit their website at Lake Palestine Resort Call me to set up a viewing of the property, to get additional photos or request financials.
Location
State TX
County Henderson
Area Henderson
Zoning Other/See Remarks
Interior
Cooling Central Electric, Window Unit(s)
Exterior
Waterfront Yes
View Y/N No
Building
Sewer Conventional Septic, Private Sewer
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