240 Private Road 5515
Palestine, TX, 75801
$222,000
3 Beds
2 Baths
1,960 SqFt
0.5 Acres
MLS #21218791 image #0

Location

Escape to the beauty of East Texas with this barndominium on gated private Lake Mary—a 14-acre spring-fed lake tucked among rolling hills and towering trees near historic Palestine. Step inside to an inviting open living, dining, and kitchen area designed for relaxed gatherings. This home offers 3 bedrooms including a spacious primary suite with loft, office, and private bath, plus two guest bedrooms with a shared bath. Easy maintenance stained concrete floors throughout. The primary suite can also serve as a second living space and opens onto a large covered back porch with serene lake views. Nestled on one of the largest lots on Lake Mary, where the fishing is great, the property is shaded by mature trees and features a pergola and ample space for outdoor enjoyment. A detached 2-car carport includes storage for vehicles, boat, and all your lake toys. Two kayaks are included, so you can start enjoying lake life from the moment you arrive! Whether full time residence or a weekend retreat, relaxing on the porch, fishing, or paddling the quiet waters will provide the lake life you desire!

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$222,000
MLS #:
21218791
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lake Mary
Listed Date:
Mar 25, 2026
Finished Sq Ft:
1,960
Lot Size:
21,780 sqft / 0.50 acres (approx)
Year Built:
2017
WaterfrontLake MaryElkhart IsdElkhartElkhartElkhart

Schools

School District:
Elkhart ISD
Elementary School:
Elkhart
Middle School:
Elkhart
High School:
Elkhart

Interior

Bathrooms Full
2
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Concrete
Heating
Central, Electric
Interior Features
Built-in Features, Cable TV Available, Natural Woodwork, Open Floorplan, Pantry
Number Of Living Areas
2

Exterior

Carport Spaces
2
Construction Materials
Metal Siding
Exterior Features
Covered Patio/Porch
Fencing
None
Lot Size Area
0.5000
Waterfront Features
Lake Front

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Market Summary

Current real estate data for Single Family in Palestine as of May 05, 2026
56
Single Family Listed
141
Avg DOM
202
Avg $ / SqFt
$418,736
Avg List Price

Property Summary

    Located in the Lake Mary subdivision, 240 Private Road 5515 Palestine TX is a Single Family for sale in Palestine, TX, 75801. It is listed for $222,000 and features 3 beds, 2 baths, and has approximately 1,960 square feet of living space, and was originally constructed in 2017. The current price per square foot is $113. The average price per square foot for Single Family listings in Palestine is $202. The average listing price for Single Family in Palestine is $418,736. To schedule a showing of MLS#21218791 at 240 Private Road 5515 in Palestine, TX, contact your Aaron Layman Properties agent at 940-209-2100.
240 Private Road 5515
Palestine, TX