Unrestricted acreage - You dream it and it can probably happen on this rural acreage. Wonderful commercial or residential location on Lake Palestine. Waterfront is about 1100 +'. There is about 265' of highway frontage off FM 3506. Property has two entrances designated by the State of Texas Highway Department. Acreage lays very well with a nice level approach to lake front. Property could be commercial Cabin rentals with Kayak and Paddle Boat Rentals, Restaurant, Small Hotel, and the list goes on and on. With a wonderful, gated entrance, this would make a nice place for a waterfront home or several homes. Don't miss this one-of-a-kind property on Lake Palestine. Call Today!