136 Acres of Land with Home for Sale in Palestine, Texas

Summary: Discover the charm of Iron Horse Ranch, a sprawling 135.84-acre property located just 9 miles southwest of downtown Palestine in Anderson County's western region. This remarkable ranch offers a serene escape with unique access options, rolling terrain, and a harmonious blend of open pastures and lush wooded areas.Property Characteristics: The ranch's picturesque topography consists of gently rolling hills, offering approximately 30-40 feet of elevation change. Notably, the entire property is situated in an upland area, free from flood zones. Surrounded by wooded tracts, Iron Horse Ranch features a wooded draw in the northern portion of the property, enhancing its natural allure. This property has historically been utilized for cattle grazing and hay production as well as enjoyment for multiple generations of family members. Well-maintained perimeter and cross fencing ensure efficient livestock management. Ponds are thoughtfully scattered across the landscape, providing essential water sources for both cattle and wildlife. The largest pond, located just northeast of the residence, covers an estimated 9/10 of an acre and is stocked, offering recreational appeal. For those with a vision, there's an enticing area of topography in the far northeast section, seems to be well suited for a potential lake site which would further enhance the property's beauty and utility. In addition to the water features, there are two water wells which were related to Oil and Gas activity on the property. There is a possibility that ownership could be reverted to the property owner but the buyer would be responsible for verifying this.Residential Improvements: The heart of Iron Horse Ranch is its 3,122 square foot main residence. Originally constructed in 1971, it has received tasteful upgrades and renovations in certain areas. The home boasts three bedrooms, two and a half baths, a spacious living room, and a second game room for entertainment. Outside, you'll find expansive front and rear patios, a delightful gazebo, and a two-car garage. A charming guest house, connected by a concrete walkway, offers two spacious open areas, a bedroom, and a 3/4 bath. Both structures rest on sturdy concrete slabs, featuring brick veneer and composition roofs, ensuring minimal maintenance.Versatile Access and Subdivision Potential: Iron Horse Ranch boasts two convenient access points: one from the south side of US Hwy 79 at 350 ACR 2147 and the other at the southeast corner via ACR 2134. An intriguing feature is the private access across a parallel railroad to the north, adding character to the property. These dual entry points provide flexibility, allowing you to explore subdivision possibilities or relish the entire estate.Local Area and Convenience: Iron Horse Ranch not only offers tranquility but also the convenience of being in proximity to downtown Palestine, major highways, and modern amenities. This unique property invites you to embrace the country home lifestyle while enjoying easy access to the essentials of town living.Your Dream Ranch Awaits: Don't miss out on this exceptional opportunity. Iron Horse Ranch is a versatile haven that caters to a range of interests, from cattle farming to recreational pursuits or simply having a place to get away from the city. Contact us today to schedule your private viewing and explore the endless possibilities that come with calling Iron Horse Ranch your new home.

Property Features:

• 135.86 Acres located in Anderson County near the City of Palestine
• Good cattle grazing and hay production potential
• Two ponds and a potential pond site
• Improved with a 3,122 SF main residence and a detached guest house
• Private drive off of US Hwy 79 and across railroad tracks
• Secondary access along ACR 2134
• Rolling topography with 30 - 40 feet of elevation change
• Ag exemption in place
• All boundary lines are approximate and should be verified by buyer