
Status: Active
16602 Tx-19
Palestine, TX 75803
6% Drop
$1,950,000
$1,825,000
------/mo*
CalculateThe 12-acre spring fed lake on the Mayo Ranch is gorgeous, full of large bass, and is the prize of this East Texas gem. Improvements include a 3,291 sf main house that features a separate master suite that is accessed by a covered walkway, a 1,400 sf log cabin that could be huge bonus feature with a little work, an additional very functional cabin, and an approximate 3,250 sf barn with horse stalls. A unique feature of the main house is that it is built around a rail car that serves as the kitchen. World-class fishing opportunities await the buyer as the lake is stocked with up to 10+ pound bass, a boat house and a covered boat dock. A hiking trail through the pine trees near the lake offers the opportunity to experience the tranquility of the ranch. Located just south of Athens, the ranch has approx 1,693 feet of SH 19 frontage. Water is supplied by a local municipality and there are two water meters on the ranch. The ranch is ag-exempt, and 2023 taxes were approximately $7,200.
Read more- Baths
- 0
- House Size
- --
- Year Built
- 2001
- Lot Size
- 136.3 ac
- School District
- Palestine ISD
Location
Market Insights
In the last 30 days, there were 4 new homes for sale in 75803, Palestine, TX with a median list price of $259,450.

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Start TourInterior Information
- view
- Water
Exterior Information
- fence
- Barbed Wire
- Cross Fenced
- Perimeter
Property Information
- lot
- Many Trees
- sewer
- Septic Tank
- subdivision name
- None
- utilities
- Electricity Connected
- Natural Gas Available
- water source
- Public

- Listed By John Willingham
- (844) 725-6247
- Clayton-Waggoner Properties
- (844) 725-6247
- MLS 20640608
Monthly Payments Calculator
Estimated Monthly Cost
$11,436
30 year fixed·6.9% interest rate
- Principal & Interest
- $9,616
- Property Taxes
- $1,521
- Home Insurance
- $300
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.