22716 Diamond Bay Drive Frankston, TX $ 999,900
22716 Diamond Bay Drive
$ 999,900
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22716 Diamond Bay Drive

Frankston, TX, 75763
$ 999,900
Bedrooms3 Baths3.0 Sq 3,015

Monthly Estimate*

$ 6,238

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Single Family Home for sale in Frankston, TX

for $999,900 with 3 bedrooms and 3 full baths. This 3,015 square foot home was built in 2002 on a lot size of 0.47.

PRICE IMPROVEMENT & NEW BULK HEAD ON THIS LAKE FRONT BEAUTY! Nestled in a secluded cul-de-sac on the shores of Lake Palestine, this stunning waterfront retreat offers privacy, charm, and modern comforts in a quiet neighborhood setting. The classic 3015 sq foot home features 3 spacious bedrooms, each with its own ensuite bathroom for ultimate convenience. Boasting two inviting living areas, soaring high ceilings, hand-scrapped red oak, thick floors and recessed lighting throughout, the home is filled with warmth and elegance. At the heart of the home, the chef’s kitchen provides an ideal space for entertaining, while the outdoor covered porch and the screened in back patio offers breathtaking views of the lake. The lower level includes nearly 1,400 square feet of heated and cooled basement space, complete with a full bathroom, making it a perfect flex area for guests, a game room, or additional living quarters. Outdoors, you’ll be surrounded by professionally landscaped gardens bursting with azaleas, creating a vibrant, picturesque backdrop year round. The property’s boathouse is a true highlight, with two boat slips and space for a third, along with a spacious deck situated in the deep waters of the lake perfect for fishing, swimming, or sunset gatherings. Additional features include timeless finishes, and thoughtfully designed spaces, including the attic over garage is complete with flooring and has the capability of being finished out with a bathroom. This home was thoughtfully built with ADA accessibility in mind, offering features such as wide hallways and doorways, a step-free entrance, and an accessible ensuite with a roll in shower. It provides comfort, safety, and ease of living for individuals with mobility needs. This home is located only 20 mins from Tyler, 10 mins from shopping, gyms, and dining out. This rare Lake Palestine treasure offers the perfect balance of seclusion, luxury, and lakeside living.

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Single Family Contingent

Price

$ 999,900

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.47

Year Built

2002

Town/City

Frankston

County/Region

Anderson

MLS | Web ID

21062399

Features
Interior
Interior Features Built-in Features Double Vanity In-Law Suite Floorplan Kitchen Island Natural Woodwork Open Floorplan Pantry Vaulted Ceiling(s) Walk-In Closet(s) Second Primary Bedroom
Flooring Carpet Hardwood Tile
Basement Y/N 1
Dining Areas 2
Living Areas 2
Half Baths 0
Total Bedrooms 3
Total Baths 3
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General
Heating Electric Fireplace(s)
Cooling Ceiling Fan(s)
Utilities Aerobic Septic
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Electric Water Heater Microwave
Assoc Fees 245
Number of Garage Spaces 3
Restrictions Architectural Deed Development
School District Brownsboro ISD
HOA Fee Includes Management Fees
Pool Y/N 0
Year Built 2002
Architctural Style Traditional
Community Features Community Dock Fishing Gated Perimeter Fencing
Levels One and One Half
Property Subtype Single Family Residence
Subdivision Name Diamond Head Bay
Accessibility Features Accessible Bath - Full Accessible Doors Accessible Entrance Accessible Hallway(s) Accessible Kitchen
Transaction Type For Sale
Occupant Type Owner
County Henderson
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type Mandatory
Special Notes Aerial Photo Deed Restrictions
Full Baths 3
Status Active Option Contract
Directions Take Hwy 155 S towards Palestine. In Coffee City turn left on Diamond Bay Dr. (just past Dollar General) travel through the gate and turn right. Home is the last waterfront property on the left.
City Frankston
Other Equipment Dehumidifier Irrigation Equipment Negotiable
Elementary School Name Chandler
High School Brownsboro
Elementary School Chandler
Standard Status Active Under Contract
Junior High School Brownsboro
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Waterfront 1
Exterior Features Balcony Covered Patio/Porch Dock Fire Pit
Lot Features Cul-De-Sac Lrg. Backyard Grass Many Trees Sprinkler System Subdivision Waterfront
Fencing Other
Soil Type Unknown
Other Structures Boat House Outbuilding
Parking Features Concrete Driveway Garage Door Opener Garage Double Door Garage Faces Front Tandem
WaterFront Features Lake Front Retaining Wall – Other
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 0
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Internal Only
Street Number 1 22716
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* Excluded Features
List By
Karla Hutchinson

Listing Agent

Keller Williams Realty-Tyler

Broker

Affordability Calculator

$6,238
Per Month
100%
0%
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Monthly Principal & Interest
$6,238
Monthly Property Taxes
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Monthly Home Insurance
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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
3936974 Elementary School
3672519 Middle School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$999,900 -16.68% Price Down
9/22/2025$1,200,000 Listed Price

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22716 Diamond Bay Drive, Frankston, TX, 75763 is a Single Family Home for sale at $999,900 with 3,015 sqft and a lot size of 0.47. 22716 Diamond Bay Drive has 3 bedrooms, 3.0 baths, and was built in 2002. The property's zip code is 75763 which is in Frankston, TX