Skip to main contentSkip to navigation
1 / 41
Images
Map

Improved Mixed-Use Land for Sale in Palestine, Texas

5015 State Highway 155, Palestine, TX 75803

$650,000
5.5 acres
Active
ago
Est $3,681/mo

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.

5,600
Sq feet
2018
Built

Location

Street address
5015 State Highway 155
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

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

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Jan 29, 2026New listing$650,000PAR
Subscribe to listing updates

Payment calculator

This 5.5-acre property is located at 5015 State Highway 155 in Palestine, TX 75803. The property is available for sale for $650,000. It has a 5,600 sq ft structure built in 2018.

Checked 2 hours ago — Updated

Report listing issue

Copyright (C) 2026 Palestine Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact