5624 E Fm 323 Palestine, TX 75801
Estimated payment $8,659/month
Highlights
- Barn or Stable
- In Ground Pool
- 52 Acre Lot
- Northside Primary School Rated A-
- Electric Gate
- Open Floorplan
About This Home
The GBH Farm is a turn-key retreat or primary home for people wanting a residential farm with beautiful views overlooking the park like forests and pastures that this area is famous for. Situated on +- 52 acres of cultivated and native pasture, woods with wet weather creeks and a nice pond, the land has been meticulously maintained. There are two separate houses, each with a separate entrance. The +- 2,100 sf primary house has several patios overlooking the swimming pool and outdoor kitchen, and the horse barn and stalls are a short walk away. The +- 2,000 sf guest house also has great views of the back and an adjacent 3 car carport and attached shop-storage building. These homes have both been used as both a second home and currently used as a primary home. It is only 7 miles north of Palestine and 2 hours southeast of Downtown Dallas.
Location:
Located 7 miles north of Palestine, 33 miles south of Athens and 2 hours southeast of Dallas the primary house has a physical address of 5624 E. FM 323, Anderson County, Texas. The guest house has a separate entrance and a physical address of 5730 E. FM 323. The property is square in configuration with approximately 1,600 feet of frontage along the south side of FM 323. FM 323 is a two-lane, asphalt paved east-west road.
Improvements
Primary House – 5624 E. FM 323: Coming through the beautiful code accessed entry gate, and down a long tree lined-covered drive to the middle of the property is the primary home that has been beautifully remodeled by the current owners. It is a one story 2,100 sf home with brick and siding exterior and metal roof.
The open layout of the House is ideal for entertaining with a large kitchen, featuring a double farm sink, stainless steel appliances, built-in cabinets, and a large island overlooking the dining area. Cooking in both the main house and the outdoor kitchen is fueled by propane gas.
Listing Agent
Briggs Freeman Sotheby's Int'l Brokerage Phone: 214-350-0400 License #0316273 Listed on: 09/11/2025

Co-Listing Agent
Briggs Freeman Sotheby's Int'l Brokerage Phone: 214-350-0400 License #0710155
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,218
Year Built
- Built in 1990
Lot Details
- 52 Acre Lot
- Gated Home
- Cross Fenced
- Sprinkler System
- Cleared Lot
- Partially Wooded Lot
- Many Trees
- Garden
Home Design
- Ranch Style House
- Farmhouse Style Home
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
Interior Spaces
- 2,074 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Decorative Lighting
- Window Treatments
- Wood Flooring
- Security Lights
Kitchen
- Microwave
- Dishwasher
- Kitchen Island
- Farmhouse Sink
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Detached Carport Spaces
- Electric Gate
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Pond
- Deck
- Covered Patio or Porch
- Outdoor Kitchen
- Outdoor Storage
Schools
- Story Elementary School
- Palestine High School
Horse Facilities and Amenities
- Horses Allowed On Property
- Barn or Stable
Utilities
- Central Heating and Cooling System
- Power Generator
- Propane
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number R25387
- Tax Block 414B
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $3,218 | $200,842 | $0 | $0 |
2023 | $3,008 | $185,749 | $0 | $0 |
2022 | $3,214 | $169,741 | $0 | $0 |
2021 | $3,213 | $0 | $0 | $0 |
2020 | $2,781 | $0 | $0 | $0 |
2019 | $2,119 | $0 | $0 | $0 |
2018 | $2,125 | $0 | $0 | $0 |
2017 | $2,001 | $0 | $0 | $0 |
2016 | $2,001 | $184,837 | $101,952 | $82,885 |
2015 | -- | $0 | $0 | $0 |
2014 | -- | $88,345 | $8,957 | $79,388 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/11/2025 09/11/25 | For Sale | $1,575,000 | -- | $759 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available | |
Vendors Lien | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $295,000 | Stand Alone First | |
Closed | $170,878 | Purchase Money Mortgage | |
Previous Owner | $148,000 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21057747

APN: R25387
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