1004 S Sycamore St, Palestine, TX
Land | 0.48 acres
Marketing description
Expansive Inside-the-Loop Lot – Prime Opportunity with Endless Potential
Discover a rare, nearly half-acre parcel ideally situated inside the loop in Palestine. Formerly used as a large visitor parking lot for the old county hospital, this property offers a versatile canvas for your next project.
Whether you’re envisioning a custom home, duplex, or investment build, this lot provides the space and flexibility to bring your vision to life. It also presents a unique opportunity for additional parking or expanded use for a nearby homeowner.
Per the city, the property is adjacent to—but not within—the historic district, giving you proximity to character and charm without the added restrictions.
Property Address: 1004 S Sycamore St, Palestine, Texas
Lot Size: Nearly 0.5 acres
Financing: Owner financing available — flexible terms may be offered
Unlock the potential of this well-located, generously sized property in a growing area.
Investment highlights
Nearly 0.5-acre inside-the-loop parcel in Palestine
Rare oversized infill lot with flexible development potential
Former visitor parking area for the historic county hospital, already partially improved use history
Suitable for a custom single-family residence, duplex, or small residential project
Potential for additional parking or ancillary use for nearby property owners
Located adjacent to the historic district (per city, not subject to historic restrictions)
Strong in-town location with convenient access to major roads and services
Owner financing available, offering flexible acquisition terms
Value-add opportunity in an established, in-fill neighborhood setting
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