16602 Tx-19

Palestine, TX 75803
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For Sale
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$2,250,000
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136.30 Lot Acres
Country Homes/Acreage

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Description

The 12-acre spring fed lake on the Mayo Ranch is gorgeous, full of large bass, and is the prize of this East Texas gem. Improvements include a 3,291 sf main house that features a separate master suite that is accessed by a covered walkway, a 1,400 sf log cabin that could be huge bonus feature with a little work, an additional very functional cabin, and an approximate 3,250 sf barn with horse stalls. A unique feature of the main house is that it is built around a rail car that serves as the kitchen. 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. A hiking trail through the pine trees near the lake offers the opportunity to experience the tranquility of the ranch. Located just south of Athens, the ranch has approx 1,693 feet of SH 19 frontage. Water is supplied by a local municipality and there are two water meters on the ranch. The ranch is ag-exempt, and 2023 taxes were approximately $7,200.

MLS#
NTREIS-20640608
List Price
$2,250,000
Listing Status
For Sale
Address
16602 Tx-19
City
State
TX
Zip Code
Subdivision
None
Legal Description
A0797 WITT, ERWIN BLOCK 1501 TRACT 11
Property Type
Country Homes/Acreage
Year Built
2001 /Appraisal District
Lot Size
136.30 Lot Acres/Appraisal District
Road Frontage
State Highway

Exterior

Lot Description
Acreage, Many Trees, Water/Lake View
Water Amenity
Dock
Fencing
Barbed Wire, Cross Fenced, Perimeter
Easements
Natural Gas, Utilities
Utility
Aerobic Septic, City Water, Electricity Connected, Outside City Limits
Road Surface
State Road

Lot information

Lot Size
136.30 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Ranch Type
Barn(s)

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated Monthly Payments

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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jul 12, 2024 at 08:07 AM
Listing last updated Jun 27, 2024 at 08:07 PM
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16602 Tx-19, Palestine, TX 75803. View photos, map, tax, nearby homes for sale, home values, school info...

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