7270 Panorama Drive E Frankston, TX $ 649,900
7270 Panorama Drive E
$ 649,900
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7270 Panorama Drive E

Frankston, TX, 75763
$ 649,900
Bedrooms4 Baths2.0 Sq 2,694

Monthly Estimate*

$ 4,002

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Single Family Home for sale in Frankston, TX

for $649,900 with 4 bedrooms and 2 full baths. This 2,694 square foot home was built in 1980 on a lot size of 0.369.

Panoramic Lake Palestine views greet you from nearly every window in this beautifully renovated waterfront retreat. Offering approximately 250 feet of shoreline across three lots on deep water, tucked away on a quiet cul-de-sac and peninsula for ultimate privacy and presence. With additional lease-back area, the total footprint may span approximately 0.80 acres. Located in a neighborhood that allows short-term rentals, this home presents exceptional flexibility whether as a full-time residence, weekend escape, or income-producing investment. The main level offers an inviting living space with custom built-ins and a fireplace, flowing seamlessly into a spacious dining area, and kitchen with granite countertops, stainless steel appliances, with reverse osmosis and room for a deep freezer. Down the hall you'll find a full bathroom with a large walk-in shower and two spacious bedrooms with lake views. Downstairs, the lower level is ideal for multi-generational living or rental flexibility. A private primary suite captures stunning lake views and includes an en suite full bathroom. An additional living area with a cozy wood-burning stove, and lake views as well, with a generous sized fourth flex bedroom with a walk-in closet. Plus a spacious utility room or a future 2nd kitchen could immediately turn this home into a multifamily unit or investment opportunity. Outdoor living is just as impressive, with updated wraparound decks on both levels, all positioned to maximize sunset views and lakeside entertaining with privacy. The boathouse features two slips with motorized lifts, making lake days seamless and year-round enjoyment effortless. The versatile layout and generous parking and multiple entrances on both levels make hosting effortless and stairs not necessary for access. Move-in ready with extensive improvements including a brand-new roof, gutters, fresh interior and exterior paint, newer windows, flooring and numerous additional upgrades throughout.

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Single Family Active

Price

$ 649,900

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 5,039

Style

Traditional

Lot Size

0.369

Year Built

1980

Town/City

Frankston

County/Region

Anderson

MLS | Web ID

21118290

Features
Interior
Interior Features Granite Counters Walk-In Closet(s) Second Primary Bedroom
Flooring Carpet Luxury Vinyl Plank Tile
Basement Y/N 0
Dining Areas 1
Living Areas 2
Half Baths 0
Total Bedrooms 4
Total Baths 2
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General
Heating Central Electric Fireplace(s)
Cooling Attic Fan Ceiling Fan(s) Central Air Electric
Utilities Aerobic Septic
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Electric Range Microwave Other
Assoc Fees 120
Number of Garage Spaces 0
Restrictions Deed
School District Brownsboro ISD
HOA Fee Includes Management Fees
Pool Y/N 0
Year Built 1980
Architectural Style Traditional
Community Features Boat Ramp Fishing Lake
Levels Two
Property Subtype Single Family Residence
Subdivision Name Brierwood Bay Sub
Transaction Type For Sale
Occupant Type Vacant
County Henderson
Property Type Residential
Construction Materials Brick Siding Wood
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type Mandatory
Special Notes Aerial Photo Deed Restrictions Survey Available
Full Baths 2
Status Active
Directions From Tyler head South on HWY 155 and turn Right onto Valley View Dr. Take the first Right onto Briewood Dr and follow as it turns into Panorama Dr. The property will be at the end of the street on th
City Frankston
Other Equipment None
Elementary School Name Brownsboro
High School Brownsboro
Elementary School Brownsboro
Standard Status Active
Junior High School Brownsboro
Listing Terms Cash Conventional FHA VA Loan
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Exterior
Waterfront 1
Exterior Features Awning(s) Balcony Boat Slip Covered Deck Covered Patio/Porch Dock Rain Gutters
Lot Features Cul-De-Sac Subdivision Waterfront
Vegetation Grassed
Fencing None
Soil Type Unknown
Other Structures Boat House RV/Boat Storage Storage
Lot Size Source See Remarks
Parking Features Detached Carport
WaterFront Features Dock – Uncovered Lake Front Leasehold Water Board Authority – Private
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Dimensions 152 x 134 x 213
Structural Style Lake House Single Detached
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 7270
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* Excluded Features
List By
Jenny Lynn Mccorkle

Listing Agent

Texas Premier Realty

Broker

Affordability Calculator

$4,421
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$420
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
287703 Elementary School
3672519 Middle School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$649,900 -3.72% Price Down
1/6/2026$675,000 -2.86% Price Down
11/22/2025$694,900 Listed Price

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7270 Panorama Drive E, Frankston, TX, 75763 is a Single Family Home for sale at $649,900 with 2,694 sqft and a lot size of 0.369. 7270 Panorama Drive E has 4 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 75763 which is in Frankston, TX