Waterfront Opportunity on Lake Palestine - East Texas Enjoy quiet, peaceful living on Lake Palestine. This unique property offers endless potential, featuring two waterfront lots in the desirable Waterwood Subdivision. The property includes and older manufactured home that is in need of repair and updating including new sub flooring . Perfect for those looking to renovate or start fresh. A detached oversized two-car garage and a large workshop with electricity provides plenty of space for storage, hobbies or projects. The front lot offers an excellent homesite for building a new residence with scenic lake views. Extending the dock approximately 20-30 feet into the lake would improve the water depth and usability. Waterwood subdivision features county-maintained roads and low HOA dues of $36 per lot annually. Conveniently located 7 miles from Chandler and only and additional 20 miles to Tyler giving you easy access to shopping , dining and medical facilities. If you are looking for affordable waterfront property with room to customize, this is a rare opportunity in East Texas.
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Listing information last updated on November 14th, 2026 at 12:04am CST.