22766 DIAMOND BAY DRIVE, FRANKSTON, TX 75763
Homes for sale in Frankston.
Homes for sale in 75763.
List Price$749,000
22766 Diamond Bay Drive
Frankston, TX 75763
Listing #26004158
3
Bedrooms
2 full, 1 partial
Bathrooms
2,554
Square Feet
House
Type
About This Property
SINGLE-LEVEL 3/2/2 with BOATHOUSE and ATTACHED garage!!! OPEN HOUSE - SAT 3/28, 1-3pm; Come see me! ENJOY a refreshing lemonade on the HUGE deck. Let's make this one YOURS TODAY Welcome to 22766 Diamond Bay, a single-level lakefront home with wide-open water views, a deep greenscape backyard, and a solid, well-built boathouse--an easy, turn-key retreat less than two hours from Dallas. Located inside a quiet gated community with a convenient approach off Hwy 155, this property offers the rare combination of level living, panoramic shoreline views, and a looping driveway with plenty of parking for friends and family to enjoy full lake days. Wall-to-wall windows along the living, dining, and kitchen areas frame Lake Palestine and fill the home with natural light. The stone fireplace adds warmth to the open layout, creating a comfortable setting for weekend gatherings or everyday living. The spacious primary suite features an oversized shower and dual walk-in closets, while two additional bedrooms and a large bonus room provide flexible space for guests, work, or play. Step outside to an expansive deck overlooking a deep, grassy backyard--ideal for kids, pets, or relaxed afternoons by the water. The boathouse sits on a generous stretch of shoreline and is designed for easy lake access, from morning fishing to sunset cruises. The lot's depth and gentle slope make the entire property unusually usable compared to many lakefront parcels. With Brownsboro ISD schools, low HOA dues, and a peaceful, established setting, this home works beautifully as a weekend lakehouse or a full-time residence. And when you're not on the water, you're just minutes from two of East Texas' favorite Cajun spots--Catch Me If You Can (8 minutes) and Wade's Place (18 minutes). Approachable, comfortable, and ready to enjoy, this is lake living made easy on one of the most scenic stretches of Lake Palestine.
Virtual Tour
Property Features
Location Information
County
Henderson
Directions
From Tyler: Take State Hwy 155 S toward Frankston. Turn left onto Diamond Bay Dr. Pass through the community gate. Turn left to stay on Diamond Bay Dr. From Dallas: Take I-45 S to US-175 E. Turn left onto TX-7 Loop E. Take ramp to Jacksonville. Turn left onto US-175 E. Turn right on State Hwy 155 N/Elm St. Turn right onto Diamond Bay Dr. Pass through the community gate. Turn left to stay on Diamond Bay Drive.
Subdivision
Diamond Head Bay Inc
Interior Features
Rooms
Separate Formal Living, 1 Living Area
Dining Room Description
Separate Formal Dining, Breakfast Room
Interior
Cable TV Available, Blinds, Smoke Alarm
Fireplace Description
One Wood Burning, Gas Starter
Full Baths
2
Heating
Central/Electric
1/2 Baths
1
Cooling
Central Electric, Ceiling Fan(s)
Has Dining Room
Yes
Appliances
Dishwasher, Disposal, Refrigerator, Double Oven, Oven-Electric, Cooktop-Electric
Exterior Features
Style
Traditional
Fencing
None
Stories
1 Story
Pool / Spa
None
Construction
Brick Veneer
Other Structures
Boat House
Exterior
Pier & Deck, Patio Covered, Deck Open, Sprinkler System
Lot Size in Acres
0.449
Foundation
Slab
Lake Name
Lake Palestine
Roof
Composition
Has Waterfront
Yes
Garage Spaces
2
Is One Story
Yes
School
Elementary School
Brownsboro
High School
Brownsboro
Middle School
Brownsboro
Additional Information
Property Type
SFR
Taxes
$11,875.00
Property SubType
Single Family Detached
Tax Year
2025
Year Built
1990
Common Area Features
Security - Gated
Status
Active
Square Feet Source
Tax
Similar Listings
Mortgage Calculator
$3,497
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,699
Monthly Tax
$624
Monthly Insurance
$174
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
Walk Score
Listing Courtesy of Lori Decker, Dave Perry Miller Real Estate

© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
© 2026 Greater Tyler Association of REALTORS®. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers? personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
GTAR data last updated at May 31, 2026, 6:25 PM CT
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