Palestine, TX

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Palestine short-term rental market based on reliable data.

Listings

28 / 59

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$26,340

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$186,984

Median Home Sale Price

Top Earners

$40,420

Top-Earners Revenue

Palestine

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Palestine.

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A

Very Investor friendly

Palestine Regulations

STRs are clearly permitted citywide with no municipal occupancy tax, licensing, zoning caps, inspections or fees, and a supportive tone toward tourism; minimal compliance burden and low entry costs make Palestine highly investor‑friendly despite the possibility of future rule changes.

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About Palestine

Palestine ( PAL-ih-steen) is a city in and the seat of Anderson County in the U.S. state of Texas. It was named after Palestine, Illinois, by preacher Daniel Parker, who had migrated from that town. It is also contested that Micham Main named Palestine after his hometown, also Palestine, Illinois, when he and his family arrived here along with the Parker family and several others. The city had a 2020 U.S. census population of 18,544, making it the sixth-largest incorporated municipality in Northeast Texas by population. Palestine is a relatively small city located in the Piney Woods, equidistant from the major cities of Dallas, Houston, and Shreveport, Louisiana.

It is notable for its natural environment, and has a notable dogwood blooming season. It has 23 historical sites on the National Register of Historic Places, and was the western terminus of the historic Texas State Railroad. Today this steam-and-diesel railroad museum operates tourist trains between Palestine and Rusk.

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