11524 DRAKES LANDING, FRANKSTON, TX 75763

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Homes for sale in 75763.


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List Price$275,000

11524 Drakes Landing

Frankston, TX 75763

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Listing #20861082

1.86

Acres

Lots / Land

Type

About This Property

This 1.86 acre waterfront lot in a small, quiet neighborhood just outside Frankston on Lake Palestine is exactly what you've hoped to find! Here on Cobb's Inlet you would own all the way to the water---unusual for Lake Palestine! With a cul de sac location, towering established trees and a recently built boathouse and bulkhead, this is not your typical lake lot with 324' of shoreline! The boathouse provides an air-conditioned room to escape from the heat of the day with a sink, refrigerator and microwave for ease of entertaining. You could spend the occasional night here as well with a portable bathroom on site with air conditioning, that holds its own enclosed septic tank. Bonus storage room is perfect for lake toys and has a shower to rinse off in. The boathouse also has a one slip electric lift, a fish cleaning station, covered area for protection from the sun and rain and the perfect spot to fish right from the dock with wide stairs leading down to the water. The view is fantastic with a pine forest across the water. All this with water and electric provided--- all you need to bring would be your new house plans and prepare for life on the lake!

Property Features

Location Information

County

Henderson

Subdivision

Lakeside Estate

Interior Features

Has Fireplace

No

Exterior Features

Exterior

Boat Slip, Other

Possible Best Use

Residential, Single Family

Utilities

Electricity Connected, See Remarks

Zoning

Residential

Fencing

Partial

Development Status

Streets Installed

Other Structures

Boat House, See Remarks

Road Description

County Road, Asphalt

Lot Description

Other, Many Trees, Subdivision, Waterfront, Retaining Wall, Sloped

Waterfront Description

Boat Dock/Slip, Lake Front, Waterfront

Lot Size in Acres

1.86

Has Waterfront

Yes

Lot Size in Sq. Ft.

81,021

Is One Story

No

Current Use

Single Family

Lot Description

Other, Many Trees, Subdivision, Waterfront, Retaining Wall, Sloped, Boat Dock/Slip, Lake Front, Waterfront

School

Elementary School District

Frankston ISD

Jr. High School

Frankston

Elementary School

Frankston

High School

Frankston

Additional Information

Property Type

LL

Tax Annual Amount

831.0

Property SubType

Improved Land

Exclusions

See Associated Documents

Status

Active

Documents Available

Other, Plat

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$1,283

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$990

Monthly Tax

$229

Monthly Insurance

$64

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

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