Frankston, TX 75763
$694,900List Price
$5,562 Est. Mo. Payment
For a given home price of $694,900, the monthly mortgage is computed using a 5% down payment ($34,745) and a 7.5% annual interest rate, spread over 360 payments.
3
2
2
2,694ft2

Jenny Lynn McCorkle

Texas Premier Realty

, TX

Status

Available

Market MatchUP

How this home compares to similar 3 bedroom homes in Frankston
  • Price Comparison
    $165,941 higher
  • Home Size
    523 sq. ft. larger
  • Built in 1980
    Older than 82% of homes in Frankston
  • Frankston Snapshot
    26 active listings
    50% have 3 bedrooms
    • Typical 3 bedroom size: 2171 sq. ft.
    • Typical 3 bedroom price: $528,958

Description

Exquisite waterfront living awaits, with panoramic views of Lake Palestine from almost every window. Located on a quiet peninsula, in one of the few neighborhoods on the lake that allows both short-term and long-term rentals. With nearly 2700 sqft, and two levels, it offers excellent Airbnb potential. A private boathouse with a repaired dock, 2 slips and a new boat lift motor invites lake days all year long. Beautifully updated, with 3 bedrooms, 2 baths, large flex room and 2 living rooms is located within walking distance of the private park, boat ramp and fishing piers. Just minutes from the local package store, gas station, dining and just 20 minutes from Tyler conveniences, it's the ultimate weekend get a-way. The interior features stunning built-ins and fire place in the living room, granite countertops, stainless-steel appliances, and reverse osmosis in the kitchen, and multiple living areas ideal for entertaining or hosting guests. You’ll enjoy the convenience of having a primary bedroom downstairs and living room both upstairs and downstairs, along with multiple exterior exits on each level making guest stays easy. Stairs are not required for access. The exterior features a wraparound patio and deck, along with a large upper deck, offer endless opportunities to enjoy the outdoors. The exterior improvements include a brand-new roof, full exterior paint, five newly replaced exterior doors. Inside, every inch has been elevated with full interior paint throughout. All cabinet hardware has been replaced, and updated lighting has been added in the bathrooms, laundry room, hallway, and staircase. New plank flooring brings a fresh, modern feel, and new carpet enhances the stairwell. This home offers an unbeatable combination of luxury, comfort, and investment opportunity. Watch unforgettable sunsets from ALL your bedroom windows, the boathouse, or either of the spacious decks. This is Lake Palestine living at its finest and listed below appraised value!

MLS Listing ID

21118290

Listed By

Jenny Lynn McCorkle
903-253-4456
Texas Premier Realty

Map

High School
Brownsboro
Elementary School
Brownsboro
High School District
Brownsboro ISD
Association Fee
120
Tax Annual Amount
5039
Association Fee Frequency
Annually
This expanded setting will include additional fields to closer define your loan needs and payment amount.
$
$
%

Estimated Monthly Payment

$5,562

Loan Amount

$660,155

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Microwave
  • Dishwasher
  • Electric Range

Highlights

Interior Features

  • Walk-In Closet(s)
  • Granite Counters
  • Multiple Master Suites

Roof

  • Composition

Sewer

  • Aerobic Septic

Levels

  • Two

Cooling

  • Ceiling Fan(s)
  • Electric
  • Central Air
  • Attic Fan

Fencing

  • None
Lot Size Acres
0.31
Parcel Number
22150000059010

Pool Features

  • None
Property Type
Residential
Waterfront
Carport Spaces
2
Covered Spaces
2
Water Body Name
Palestine

Parking Features

  • Detached Carport
Property Sub Type
Single Family Residence

Exterior Features

  • Dock
  • Rain Gutters
  • Deck

Community Features

  • Lake
  • Boat Facilities
  • Fishing

Fireplace Features

  • Free Standing
  • Wood Burning
Lot Size Dimensions
133.98 x 216.30 x 213

Waterfront Features

  • Boat Dock/Slip
  • Lake Front
  • Waterfront

Patio And Porch Features

  • Covered
  • Front Porch
  • Patio
  • Deck
Virtual Tour
Validating link...

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank
Year Built
1980

Foundation Details

  • Slab

Architectural Style

  • Detached
  • Traditional

Construction Materials

  • Brick
  • Wood Siding

Heating

  • Electric
  • Fireplace(s)
  • Central
Heating

Utilities

  • Septic Available
11/23/2025
Active
(Current Listing)
$694,900
$258/sqft
11/22/2025
Price Change
$694,900
$258/sqft