
Improved Mixed-Use Land for Sale in Palestine, Texas
5015 State Highway 155, Palestine, TX 75803
Discover a prime investment opportunity in the heart of East Texas with this 5,600 sq ft hilltop event venue offering scenic views and strong income potential. Currently well-suited for weddings, events, and retreats, the property includes a spacious barn-style venue, outdoor dance floor, bandstand, multiple restrooms, and climate-controlled bridal and groom suites--ideal for hosting events year-round. Its convenient location near town with easy highway access enhances marketability and guest appeal. With flexible use potential, this property also offers the option for future conversion into a private residence or alternative commercial use. A versatile asset with multiple revenue streams--schedule a tour today to explore the possibilities.
Location
- Street address
- 5015 State Highway 155
- County
- Anderson County
- Community
- J. S. Morrow
- School district
- Palestine ISD
Property details
- Acreage
- 5.5 acres
- MLS #
- PAR 101979
- Posted
Property taxes
- Recent
- $5,953
Parcels
- R0854083
- R0854084
Legal description
A0448 JAMES, THOMAS BLOCK 824 TRACT 3A , A0512 MORROW, J S BLOCK 825 TRACT 11F
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Fencing
- Fenced
- Features
- Fence
Structure
- Heating
- Electric, Propane, Zoned
- Materials
- Frame, Metal Siding
- Roof
- Metal
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Propane | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 29, 2026 | New listing | $650,000 | — | PAR |








































