8900 Ruby Ln Frankston, TX 75763

Price
Not For Sale
Last Update
Jun 1st, 2020
Type
Off Market
Status
Off Market
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Off Market

Snapshot

Property Type
Other
Lot Size
9.73 acres
Property Sqft
MLS Number
10115931
Year Built
Days On Market

Description

Lake Palestine RV Resort with Camping, Boat Marina, Cabins, Restaurant, Boat Launch, Banquet Hall, Store, Live Bait, Fuel, LP Gas and more. All right on Beautiful Lake Palestine, busy HWY 155 and just a 15 minute drive to the heart of Tyler. Includes 60 RV sites, 25 Lodging units, 80 Covered Boat Slips, 21 open Boat Slips, plus 90% of all Fishing Tournaments are held right here. This place is capable of making over $1,000,000 annually in sales. Owner has an appraisal from 2016 showing a $3.5 M value. Owner wants to retire and is ready to SELL! Lake Palestine is over 17 miles long and has some of the best fishing in all of East Texas. It has a constant river running thru it and is regulated by a spillway and not a dam so the water lever stay pretty constant throughout the year. If you ever thought of owning an RV Park, now's your chance along with a full Marina. Don't miss out on this property as it's one of the only two places on the lake that offers a Full Marina and Camping combined, plus this one is located right on HWY 155 and has over 13,000 cars pass by it daily. Also visit their website at Lake Palestine Resort Call me to set up a viewing of the property, to get additional photos or request financials.

Features

Waterfront Waterfront

More Details

Provider
United Country Lake Palestine Real Estate Inc.
MLS ID
GTARTX
MLS Name
Greater Tyler Association of Realtors
MLS Number
10115931
Source
listhub
PARTICIPANT
Name
Ray Verhey
Primary Phone
(903) 876-1051
Key
3YD-GTARTX-4701
Email
ray@staplespropertygroup.com
BROKER
Name
United Country Lake Palestine Real Estate Inc.
Phone
(903) 876-1051
OFFICE
Name
United Country-Lake Palestine
Phone
(903) 876-1051
Copyright © 2024 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$2,400,000 United Country-Lake Palestine
Listed For Sale$2,400,000 United Country-Lake Palestine
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Nearby Schools

Elementary School

Frankston Elementary

4.2 miles awayPK - 05

High School

Frankston High School

4.2 miles away09 - 12

Middle School

Frankston Middle

4.2 miles away06 - 08