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Residential Land for Sale in Frankston, Texas

Carene Dr, Frankston, TX 75763

$589,900
3.55 acres
Active
Est $4,866/mo

Lakefront living starts here! Discover this waterfront homesite in the prestigious, gated Waters Edge subdivision on Lake Palestine, offering privacy, beautiful water views, and direct access to one of East Texas’s most desirable lakes. Restricted to site-built homes only, this property is ideal for a custom lake house or weekend retreat. Electricity and water are available; a septic system will be required. *All information is deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all information, including restrictions, permitted uses, utilities, HOA details, and any required permits. Seller makes no warranties or representations regarding the property or its condition.

Location

Street address
Carene Dr
Community
Waters Edge
Elevation
376 feet
Coordinates
32.1499, -95.4914

Property details

Acreage
3.554 acres
MLS #
NTREIS 21151743
Posted

Expenses

Home Owner Assessments Fee
$88 monthly

Parcels

  • 45040000015010

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Lot

View
Lake, Water
Waterfront
Lake Front, Waterfront

Nearby schools

NameType
BrownsboroElementary

Listing history

DateEventPriceChangeSource
Jan 13, 2026New listing$589,900NTREIS
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This 3.554-acre property is located at Carene Dr in Frankston, TX 75763. The property is available for sale for $589,900 with a price per acre of $165,982.

Checked 2 hours ago — Updated

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