TBD FM-3506, FRANKSTON, TX 75763
Homes for sale in Frankston.
Homes for sale in 75763.
List Price$995,000
TBD FM-3506
Frankston, TX 75763
Listing #20583366
About This Property
Imagine! 22.38 private, wooded acres on Caney Bay at Lake Palestine with mature pines and hardwoods and a spring fed creek that feels very secluded yet is minutes from town. This lakeside woodland retreat is perfect for a private residence with a spectacular home setting on an elevated part of the land overlooking the water. Deer, fox, and a multitude of waterfowl share use of this property! There is a wildlife program currently in place that could be continued along with timber management. This would also be a fabulous tract for recreational use---build yourself a boathouse and a getaway cabin in the woods! Opportunities to own acreage on the Lake are few and far between, don't let this one get away from you!
Property Features
Location Information
County
Henderson
Subdivision
Rural
Interior Features
Has Fireplace
No
Cooling
None
Exterior Features
Utilities
None
Zoning
Mixed, rural, waterfront, residential
Fencing
Partial
Road Description
Farm to Market Road, Dirt
Lot Description
Acreage, Rolling Slope, Many Trees, Waterfront
Lake Name
Palestine
Lot Size in Acres
22.38
Waterfront Description
Lake Front, Waterfront
Lot Size in Sq. Ft.
974,872
Has Waterfront
Yes
Current Use
Other, Recreational, See Remarks, Timber
Is One Story
No
Possible Best Use
Hunting, Investment, Reside
Lot Description
Acreage, Rolling Slope, Many Trees, Waterfront, Lake Front, Waterfront
School
Elementary School District
Brownsboro ISD
High School
Brownsboro
Elementary School
Brownsboro
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Unimproved Land
Tax Annual Amount
67.0
Status
Active
Documents Available
Other, Survey
Similar Listings
Mortgage Calculator
$4,646
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,585
Monthly Tax
$829
Monthly Insurance
$232
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
Mimi Burch, Staples Sotheby's International Realty LLC
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NTREIS - North Texas data last updated at May 17, 2026, 3:26 AM CT
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