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Residential Land for Sale in Frankston, Texas

Carene Dr, Frankston, TX 75763

$589,900
3.55 acres
Active
ago
Est $4,828/mo

xperience true lakefront living with this elevated waterfront property in the prestigious Waters Edge subdivision on Lake Palestine, Texas, offering privacy, views, and direct access to one of East Texas's most desirable lakes. Designed for site-built homes only, this property is ideal for building a custom lake house that takes full advantage of the scenery, elevation, and shoreline. Electricity and water are already connected, allowing you to focus on design and construction, while a septic system will be required to complete your setup. The lot features approximately 200 feet of recessed bulkhead shoreline, providing the perfect foundation for a private boathouse, dock, or lakeside entertaining space. Set within a gated community, the property offers added privacy and controlled access, with the seller providing the entry code for showings. The elevated terrain enhances both the views and the buildability of the homesite, creating a dramatic setting for sunrise mornings and peaceful evenings overlooking the water. Whether you envision a full-time residence or a luxury weekend retreat, this property delivers the space and setting to bring that vision to life. The buyer is responsible for verifying all information with the County as to what can and can't be done with the property. The buyer will need to work with the County to obtain the proper permits if needed. Buyer will also need to confirm the availability of any utilities needed or serviced on the property. Seller makes no warranties or representations about the land, its condition, or what can be built on the property.

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

Parcels

  • 45040000015010

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Lot

View
Lake, Water
Waterfront
Lake Front, Waterfront

Nearby schools

NameLevelDistrictDescription
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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