TRACT 1 HWY 155, FRANKSTON, TX 75763
Homes for sale in Frankston.
Homes for sale in 75763.
List Price$450,000
Tract 1 Hwy 155
Frankston, TX 75763
Listing #20706992
About This Property
This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan could implement timber management with future harvest income and still hold value as a potential commercial property. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.
Property Features
Location Information
County
Henderson
Subdivision
none
Interior Features
Has Fireplace
No
Exterior Features
Utilities
None
Zoning
Agricultural
Lot Description
Acreage
Is One Story
No
Lot Size in Acres
27
Lot Description
Acreage
Lot Size in Sq. Ft.
1,176,120
School
Elementary School District
Frankston ISD
Jr. High School
Frankston
Elementary School
Frankston
High School
Frankston
Additional Information
Property Type
LL
Status
Active
Property SubType
Unimproved Land
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$2,101
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,621
Monthly Tax
$375
Monthly Insurance
$105
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
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