Montalba, TX 75853
$4,995,000List Price
$43,130 Est. Mo. Payment
5
3
0
4,981ft2

Status

Available

Market MatchUP

How this home compares to similar 5 bedroom homes in Palestine
  • Price Comparison
    $4,094,906 higher
  • Home Size
    1393 sq. ft. larger
  • Built in 2005
    Newer than 81% of homes in Palestine
  • Palestine Snapshot
    46 active listings
    6% have 5 bedrooms
    • Typical 5 bedroom size: 3588 sq. ft.
    • Typical 5 bedroom price: $900,093

Description

163 -acre mountain top ranch resort community with breathtaking views, perfect for a developer's vision, perfect for a developer's vision. Originally a gated shared ranch community, this property offers scenic views, nature trails, and amenities such as 8 lighted pickleball courts, 20+ acres of lakes with great fishing and Kayaking. The “star of the show” is a charming decorated and furnished lodge with high rental income potential. Enjoy the swimming pool with unforgettable sunsets and majestic 20-mile views. This property has underground utilities, agricultural exemptions, electricity provided by Trinity Valley, water available from Brushy Creek coop, and wells in the pastures. You will experience tranquil gravel interior roads, making this a nature lover’s paradise and a rare investment opportunity. With several vacant lots already platted and an established HOA, you are well on your way to making this investment dream come true for you!

MLS Listing ID

20768965

Listed By

Cheryl Sartain
888-519-7431
eXp Realty LLC

Map

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High School
Palestine
Elementary School
Story
High School District
Palestine ISD
Middle Or Junior School
Palestine
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$
%

Estimated Monthly Payment

$43,130

Loan Amount

$4,745,250

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2
Bathrooms Half
2

Kitchen

Appliances

  • Refrigerator
  • Gas Cooktop
  • Dishwasher
  • Double Oven

Highlights

Interior Features

  • Chandelier
  • Decorative/Designer Lighting Fixtures
  • Natural Woodwork
  • Wet Bar
  • Open Floorplan
  • Eat-in Kitchen

Roof

  • Metal

Sewer

  • Aerobic Septic

Levels

  • Two

Cooling

  • Electric
  • Central Air
Lot Size Acres
163.06
Parcel Number
837090

Pool Features

  • Gunite
  • Salt Water
  • Pool
  • In Ground
  • Heated
Property Type
Residential

Parking Features

  • On Site
Property Sub Type
Farm

Fireplace Features

  • Stone
  • Gas Log
Virtual Tour
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Flooring

  • Concrete
  • Hardwood
  • Painted/Stained
Year Built
2005

Foundation Details

  • Slab

Architectural Style

  • Ranch
  • Farmhouse

Heating

  • Electric
  • Propane
  • Central
Heating

Utilities

  • Electricity Connected
  • Water Available
  • Septic Available