Discover the ultimate ranch retreat at the 387 Ranch, a sprawling 171.275-acre property located just 12 minutes east of downtown Palestine, Texas. Boasting approximately 100 feet of elevation change, the 387 Ranch showcases a diverse landscape. Open, improved pastures provide ample grazing for livestock, while mature mixed timber stands offer shade, beauty, and potential income.
At the heart of the property, you'll find a meticulously renovated 1,824 square foot residence, originally constructed in 1977 (per ACAD records). A two-car garage and detached carport provide shelter for vehicles and UTVs.
The presence of Anderson County Road 387 running through the ranch offers intriguing possibilities. The option to sell off the eastern portion of the property in one or multiple tracts could provide a significant return on investment, making this property not just a private retreat but also a savvy financial opportunity.
Property Type :
Residential
County :
Anderson
Style :
Residential
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ByOwner last updated this listing 04/28/2024 @ 19:36
MLS: 434415644
LISTED BY: Cody Robertson, Whitetail Properties Real Estate
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
