Improved Land for Sale in Palestine, Texas

Dream Creek Ranch is your opportunity to own a private fishing oasis located just south of Athens! The crown jewel of the ranch is the spring-fed, 12-acre lake that remains at a near constant level and is picturesquely nestled between the main house and a backdrop of beautiful pine trees. World-class fishing opportunities await the buyer as the lake is stocked with up to 10+ pound bass, a boat house and a covered boat dock. Although currently used as a family ranch, imagine the potential of a private fishing club, a corporate retreat, or a weekend getaway. Surrounded by scenic views of both open pasture and wooded areas, the ranch provides space for cabins, picnic areas, additional docks, and gathering spots for members or guests.

Improvements include the 3,281-sf main house that boasts fantastic views of the lake. A unique feature of the house is that it is built around a rail car that serves as the kitchen and bunk rooms. The master suite in the house looks out over the lake and is accessed by a covered breezeway and separate lock and key. Located near the main entrance to the ranch, a 1,400 sf, 2-story log cabin is ready for renovation to create additional living space to accommodate members, guests, or family. The houses are supplied by municipal water, and there is one water meter. Lake amenities include a covered boat dock located near the main house and a two-slip boat house located on the other side of the lake from the main house. Livestock improvements include a 3,250-sf barn that features multiple horse stalls and storage space for utility vehicles and implements.

The 12-acre lake has been managed for years, and the bass fishing is excellent! Duck hunting possibilities are abundant on the lake and whitetail deer are frequently seen.

The current owner does not own any of the minerals. There is one producing well on the ranch. The ranch is ag-exempt, and 2025 taxes were approximately $6,200.