Improved Land for Sale in Palestine, Texas

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.