3091 Fm 322, Palestine, TX, 75801
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2017
Materials
- Foundation: Other
- Roof: Other
- Construction materials: Other
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subType: Residential,Duplex
Interior
Appliances
- Appliances included: See Remarks
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Fireplace features: None
Heating
- Heating features: Has Heating (Unspecified Type)
Interior Area
- Total structure area: 3,324
- Total interior livable area: 3,324 sqft
Property
Details
- Parcel number: 11685
- Attached to another structure: Yes
Features
- Patio & porch: See Remarks
- Fencing: Wire
- Topography of land: Level
Lot
- Lot size: 8.17 Acres
Parking
- Parking features: Gravel,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Ice Storm
- Lightning
- Strong Wind
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,548 | $78,576 |
| Home Insurance * | $1,384 | $16,608 |
| Property Taxes | $1,601 | $19,212 |
| Electricity | $364 | $4,379 |
| Total | $9,897 | $118,764 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Price change | $1,295,000 |
| 2026-04-26 | Listed for sale | $1,350,000 |
| 2020-11-17 | Sold | -- |
| 2020-08-17 | Price change | $75,900 |
| 2020-07-18 | Price change | $84,500 |
| 2020-05-11 | Listed for sale | $90,000 |
| 2010-03-16 | Listing removed | $465,000 |
| 2010-03-13 | Listed for sale | $465,000 |
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