# 2016 W Oak St., Palestine, TX 75803

> **TL;DR:** commercial, $495,000. Est. $2,647/mo. Listed 253 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $495,000 |
| Lot Size | 23,958 sqft (0.55 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 253 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,503 |
| Estimated Insurance | $144 |
| **Total** | **$2,647** |

## Property Highlights

- 0.55 acre lot

## Description

### AI Summary
This 0.55-acre commercial lot sits at the heavy-traffic intersection of Loop 256 and Hwy 79 in Palestine, Texas. The property is currently vacant and offers a large, open site for a new commercial business. There are commercial businesses nearby and next door, placing the lot among established commercial activity at the intersection. With no existing structures, bedrooms, or bathrooms, the property provides a blank canvas for a buyer’s planned use and development. It is described as the only vacant lot on this intersection, offering a substantial footprint in a prominent location. The lot is listed at $495,000 and is located at 2016 W Oak St. in Palestine. Buyers can evaluate the site for a future commercial business based on their intended plans and applicable requirements.

### Agent Description
Nice large lot on heavy traffic intersection of Loop 256 and Hwy 79. Plenty of commercial businesses nearby and next door. Very large lot for a new commercial business. Only vacant lot on the intersection. Just waiting on buyer to put in new business.

## Location

- **Address:** 2016 W Oak St., Palestine, TX 75803
- **County:** Anderson
- **Coordinates:** 31.746343, -95.652817
- **Google Maps:** https://www.google.com/maps?q=31.746343,-95.652817

## Listing Agent

- **Name:** Cindy Burkett
- **Brokerage:** Fathom Realty LLC
- **Phone:** 9035701487
- **Broker Phone:** (469) 267-3120
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/GTARTX/26000911/?channel=propsimple)

## Photos

![2016 W Oak St. - Photo 1](http://lh.rdcpix.com/3e58b1a9dc0fbaa8bd9784646904a6bdl-f906148879r.jpg)

![2016 W Oak St. - Photo 2](http://lh.rdcpix.com/3e58b1a9dc0fbaa8bd9784646904a6bdl-f1408099662r.jpg)

![2016 W Oak St. - Photo 3](http://lh.rdcpix.com/3e58b1a9dc0fbaa8bd9784646904a6bdl-f2083674981r.jpg)

---

**MLS#:** 26000911 | **Updated:** 2026-09-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2016-w-oak-st-palestine-tx-75803-26000911)

---

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