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.
Vacant landProperty Type
7 acresLot Size
$17,857Price/Acres
Listed by Josephine Dickerson• Pineywoods Real Estate
Directions: From south Loop 256 and FM 322 travel north on FM 322 (Sycamore) about 0.5 miles and turn left onto Gillespie Rd; property is on the right across from the construction entrance to the new medical facility on Loop 256
Home design
Land property — unimproved and vacant
Multi-parcel offering
Construction
Unimproved land (no structures)
Utilities
City sewer available
Sewer available
Electricity available
Cable available
Not in a municipal utility district
HOA & community
No association
Financial info
Treat as clear loan handling
No second mortgage
Other
Zoning designation: Residential, Multi-Family
Parcel numbers: 10674 and 10675
Lot size: approximately 7.0 acres
Electricity and solar
View estimated energy costs and solar savings for this home
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.
NTREIS #21362006
Aug 17, 2026
Listed
$125,000
HARMLS #63417073
Aug 17, 2026
Listed
$125,000
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.
GTAR #23002409
Jul 24, 2026
Price Changed
$115,000
Jul 10, 2023
Sold
*
Apr 24, 2023
Listed
$185,000
NTREIS #20337690
Feb 20, 2024
Sold
*
Oct 4, 2023
Pending
—
May 24, 2023
Listed
$100,000
HARMLS #86914248
Feb 20, 2024
Sold
$70K - $80K
Oct 4, 2023
Pending
—
May 24, 2023
Listed
$100,000
PAOR #93756
Jul 10, 2023
Sold
—
Feb 24, 2023
Listed
$185,000
* Price is not available or MLS listing is off market.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Vacant Land
County
Anderson County
APN
R28557
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Last updated by owner on Sep 9, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
6/10 Heat Factor
5 days above 111° expected this year, 18 days in 30 years
7/10 Wind Factor
78% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Palestine, TX • 75801
Average low and high temperatures (°F)
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88
66
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46
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Sun exposure
In this area, properties receive around 9.6 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.6 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 000 Gillespie Rd
$117,119
$7,881 under list price of $125K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $100K to $210K.