TRACT 1 HWY 155, FRANKSTON, TX 75763

Homes for sale in Frankston.

Homes for sale in 75763.


Active

List Price$450,000

Tract 1 Hwy 155

Frankston, TX 75763

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Listing #20706992

27

Acres

Lots / Land

Type

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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