This prime commercial property, located at 103 Wesley Drive in Palestine, TX, offers a premier ground lease or potential purchase opportunity on 1.54 acres of retail-zoned land. Situated next to high-traffic national retailers such as Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee’s, and Wendy’s, this site is positioned for maximum visibility and foot traffic.
Last updated on: 12/22/2024, 11:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,300
$119,996
2019
-
$119,996
2018
$3,138
$109,200
2017
$2,886
$99,273
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$574
Per Month
Principal & Interest
$507
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$370
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Southside Elementary School
201 E Gillespie St
Distance between this listing and this school0.87 miles
Public District Grades 2-3
5
/10
Westwood Elementary School
2305 Salt Works Rd
Distance between this listing and this school4.04 miles
Public District Grades 3-6
5
/10
Elkhart Intermediate School
301 E Parker St
Distance between this listing and this school7.60 miles
Public District Grades 3-5
Nearby Schools
5
/10
Palestine Jr High School
233 Ben Milam Dr
Distance between this listing and this school0.68 miles
Public District Grades 7-8
4
/10
Story Intermediate School
5300 S Loop 256
Distance between this listing and this school3.03 miles
Public District Grades 4-6
4
/10
Westwood Jr High School
1801 Panther Blvd
Distance between this listing and this school4.05 miles
Public District Grades 7-8
Nearby Schools
5
/10
Palestine High School
1600 S Loop 256
Distance between this listing and this school0.60 miles
Public District Grades 9-12
9
/10
Ut Tyler University Academy at Palestine
100 University Dr
Distance between this listing and this school3.56 miles
Public Charter Grades KG-12
5
/10
Westwood High School
1820 Panther Blvd
Distance between this listing and this school3.91 miles
The neighbors living near this home have an average income of $30,400. Typical income of Palestine, TX residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 103 Wesley Dr
What is the listing price of this property?
The listing price of 103 Wesley Dr property is $101,397.
What type of property is this?
The property 103 Wesley Dr is land located in Palestine, Texas, 75801.
Is this property for sale now?
Active Listing: 103 Wesley Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,300 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 103 Wesley Dr in Palestine, TX and zip code 75801. This home sits on a 1.55 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $101,397.
In November 2024, from all listings sold in Palestine, TX there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of listings in Palestine, TX decreased by 3.5% between October 2024 and November 2024. In November 2024, listings were on the market for 105 days. During the same period, the median list price in this real estate market was $320,000.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Pro Wrestling
Pro Wrestling
Figure Skating
College Football
Family Dollar
Wal-Mart
Kmart
Dominos Pizza
Sonic
Bob Evans
Ford
Oldsmobile
Buick
New Country
Contemporary Inspirational