Corner property with great visibility on Loop 256, 668' of frontage on Loop 256 and over 820' of frontage on Anderson County Rd. Greatlocation for an office building or retail sales. Zoned HC-Highway Commercial
Last updated on: 11/5/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,312
Per Month
Principal & Interest
$3,245
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
$2,015
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.
Elementary School
3
/10
Southside Elementary School
201 E Gillespie St
Distance between this listing and this school0.87 miles
Public District Grades 2-3
Middle School
5
/10
Palestine Jr High School
233 Ben Milam Dr
Distance between this listing and this school2.09 miles
Public District Grades 7-9
4
/10
Story Intermediate School
5300 South Loop 256
Distance between this listing and this school3.10 miles
Public District Grades 4-6
High School
4
/10
Palestine High School
1600 S Loop 256
Distance between this listing and this school1.95 miles
Public District Grades 9-12
Assigned Schools
3
/10
Southside Elementary School
201 E Gillespie St
Distance between this listing and this school0.87 miles
Public District Grades 2-3
Nearby Schools
5
/10
Westwood Elementary School
2305 Salt Works Rd
Distance between this listing and this school2.57 miles
Public District Grades 3-6
5
/10
Elkhart Intermediate School
301 E Parker St
Distance between this listing and this school8.28 miles
Public District Grades 3-5
Assigned Schools
5
/10
Palestine Jr High School
233 Ben Milam Dr
Distance between this listing and this school2.09 miles
Public District Grades 7-9
4
/10
Story Intermediate School
5300 South Loop 256
Distance between this listing and this school3.10 miles
Public District Grades 4-6
Nearby Schools
4
/10
Westwood Jr High School
1801 Panther Blvd
Distance between this listing and this school1.95 miles
Public District Grades 7-9
Assigned Schools
4
/10
Palestine High School
1600 S Loop 256
Distance between this listing and this school1.95 miles
Public District Grades 9-12
Nearby Schools
4
/10
Westwood High School
1820 Panther Blvd
Distance between this listing and this school1.95 miles
Public District Grades 9-12
6
/10
Elkhart High School
9002 South State Hwy 19
Distance between this listing and this school8.22 miles
The neighbors living near this home have an average income of $77,353. The majority of Palestine, TX residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3500 S Loop 256
What is the listing price of this property?
The listing price of 3500 S Loop 256 property is $650,000.
What type of property is this?
The property 3500 S Loop 256 is land located in Palestine, Texas, 75801.
Is this property for sale now?
Active Listing: 3500 S Loop 256 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3500 S Loop 256 are: Southside Elementary School: GreatSchools Rating 3/10Palestine Jr High School: GreatSchools Rating 5/10Story Intermediate School: GreatSchools Rating 4/10Palestine High School: GreatSchools Rating 4/10
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 3500 S Loop 256 in Palestine, TX and zip code 75801. This home sits on a 5.55 acre lot. It has been listed on Rocket Homes since March 31, 2023 and is currently priced at $650,000.
While more than 0 listings in Palestine, TX in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. Between September 2024 and October 2024, Palestine, TX real estate market has seen increase in the number of listings by 15.9%. Listings spent 25 days on the market in October 2024, and had a median list price of $335,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.