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Mixed-Use Land for Sale in Palestine, Texas

Gillespie Rd, Palestine, TX 75801

$125,000
7 acres
Active sale
$25k drop
Est $978/mo

Prime 7-acre tract located within the city limits, offering an exceptional opportunity for residential or mixed-use development. All utilities are readily available, streamlining the path for construction and reducing the upfront infrastructure costs. The property features ample space for a variety of development concepts, with convenient access to nearby roads, services and amenities. A transmission line runs along the east side of the property, which may provide a natural boundary for planning or open space integration. Ideal for developers seeking a well-positioned site with strong potential.

Location

Street address
Gillespie Rd
Zip code
75801
School district
Palestine ISD
Elevation
578 feet
Coordinates
31.7401, -95.6294

Directions

Palestine: From south Loop 256 and FM 322, travel north on FM 322 (Sycamore) about .5 miles and take a left onto Gillespie Rd. Property will be on the right directly across from the construction entrance to the new medical facility located on Loop 256.

Property details

Acreage
7 acres
Zoning
Residential, Multi-Family
MLS #
NTREIS 21362006
Posted

Parcels

  • 10674

Details and features

Listing

Type
Land

Lot

Features
Acreage, City Lot, Subdivision

Structure

Sewer
Public Sewer

Nearby schools

NameTypeDistrict
SouthsideElementaryPalestine ISD
PalestineMiddlePalestine ISD
PalestineHighPalestine ISD

Listing history

DateEventPriceChangeSource
Aug 17, 2026Price drop$125,000$25,000 -16.7%PAR
Apr 23, 2026New listing$150,000PAR
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This 7-acre property is located at Gillespie Rd in Palestine, TX 75801. The land is available for sale, priced at $125,000 — $17,857 per acre.

Listed by Pineywoods Real Estate, (903) 480-0760

Checked 2 hours agoUpdated Source

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