Lake Palestine, TX
- Overview
- Performance
- Listings
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Key Performance Metrics
Market snapshotPerformance indicators for the Lake Palestine short-term rental market based on reliable data.
Listings
161 / 316
Reliable / Active
Revenue
$26,659
Middle-Earners Revenue
Occupancy
45%
Middle-Earners Occupancy
Top Earners
$57,173
Top-Earners Revenue
Lake Palestine
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Lake Palestine.
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Generally Investor friendly
Lake Palestine Regulations
Lake-Palestine lacks city-specific STR rules—no permits, caps, or enforcement, keeping municipal friction minimal (only state HOT registration/remittance and HOA covenants apply). However, the broader market has heavy HOA constraints and market practice risks, and the state HOT adds a moderate compliance step, placing this in the Friendly tier rather than Very friendly.
Local STR Agent
STR specialist · Lake Palestine, TX
About Lake 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.