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Residential Land for Sale in Frankston, Texas

11524 Drakes Lndg, Frankston, TX 75763

$275,000
1.86 acres
Active sale
ago
Est $1,388/mo

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!

Sq feet

Location

Street address
11524 Drakes Lndg
Zip code
75763
Community
Lakeside Estate
School district
Frankston ISD
Elevation
354 feet
Coordinates
32.0842, -95.4724

Directions

From Tyler, take Hwy 155 S, to Left @ Midway Pkg Store on FM 2215 to stop sign. Turn left on 4117, to right on Jeb Circle. sign is on lot designated for septic. Turn right onto Drake's Landing (through stone entrance) Second sign on waterfront lots.

Property details

Acreage
1.86 acres81,022 sq ft
Zoning
Residential
MLS #
NTREIS 20861082
Posted

Property taxes

Recent
$831

Parcels

  • 32910001001087

Legal description

Details and features

Listing

Type
Land

Lot

Waterfront
Lake Front, Waterfront
Features
Many Trees, Retaining Wall, Sloped, Subdivision

Exterior

Features
Boat Slip

Nearby schools

NameTypeDistrict
FrankstonElementaryFrankston ISD
FrankstonMiddleFrankston ISD
FrankstonHighFrankston ISD

Listing history

DateEventPriceChangeSource
June 3, 2026New listing$275,000NTREIS
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This 1.86-acre property is located at 11524 Drakes Lndg in Frankston, TX 75763. The property is available for sale for $275,000. It has a structure.

Listed by Staples Sotheby's International Realty, (903) 876-1051

Checked 2 hours agoUpdated Source

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