11524 Drakes Landing Frankston, TX $ 299,000
11524 Drakes Landing
$ 299,000
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11524 Drakes Landing

Frankston, TX, 75763
$ 299,000
Baths0.0

Monthly Estimate*

$ 1,865

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Studio

Lots and Land for sale in Frankston, TX

for $299,000. The lot size is 1.86.

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!

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Lots and Land Active

Price

$ 299,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 831

Style

Improved Land

Lot Size

1.86

Town/City

Frankston

County/Region

Anderson

MLS | Web ID

20861082

Features
General
Development Status Streets Installed Utilities Installed
Utilities Asphalt Electricity Connected See Remarks
Possession Closing/Funding
current use Single Family
Restrictions Deed
School District Frankston ISD
Exclusions See Associated Documents
Topography Sloped
Property Subtype Improved Land
Subdivision Name Lakeside Estate
County Henderson
Property Type Land
HOA Type None
Special Notes Deed Restrictions
Status Active
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
City Frankston
Elementary School Name Frankston
High School Frankston
Elementary School Frankston
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 1
Exterior Features Boat Slip Other
Lot Features Many Trees Other Subdivision Waterfront
Fencing Partial
Other Structures Boat House See Remarks
WaterFront Features Dock – Enclosed Lake Front Retaining Wall – Other
Lot Size 1 to < 3 Acres
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Internal Only
Street Number 1 11524
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* Excluded Features
List By
Mimi Burch

Listing Agent

Staples Sotheby's International Realty Llc

Broker

Affordability Calculator

$1,935
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,865
Monthly Property Taxes
$69
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3942537 Elementary School
5136458 Middle School
Pricing History
Date Price Price Change Description
10/20/2025 $299,000 -9.12% Price Down
8/27/2025 $329,000 -2.95% Price Down
8/4/2025 $339,000 -2.87% Price Down
6/9/2025 $349,000 -2.79% Price Down
5/2/2025 $359,000 -2.71% Price Down
3/4/2025 $369,000 Listed Price

Map


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11524 Drakes Landing, Frankston, TX, 75763 is a Lots and Land for sale at $299,000 with a lot size of 1.86. 11524 Drakes Landing is a studio with 0.0 baths. The property's zip code is 75763 which is in Frankston, TX