500 Private Road Frankston, TX $ 516,675
500 Private Road
$ 516,675
Recently Listed New Construction
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500 Private Road

Frankston, TX, 75763
$ 516,675
Bedrooms3 Baths2.1 Sq 2,092

Monthly Estimate*

$ 3,262

500 Private Road, Frankston, TX 75763 - Image 1

Single Family Home for sale in Frankston, TX

for $516,675 with 3 bedrooms and 2 full baths, 1 half bath. This 2,092 square foot home was built in 2026 on a lot size of 1.002.

Experience exceptional new construction in the elegant, gated community of Oak River Estates on beautiful Lake Palestine in the hills and trees of East Texas. This 2092 sq. ft. home is currently under construction on a 1.002-acre lot. An inviting covered front porch welcomes you through double doors into the foyer. This thoughtfully designed open-concept floor plan features a spacious great room with a vaulted beamed ceiling that seamlessly flows into the kitchen with a large island offering additional seating, walk-in pantry and a separate dining area. Walls of windows invite abundant natural light while overlooking the expansive covered patio and the peaceful, tree-shaded backyard—perfect for relaxing or entertaining. The private primary suite is tucked away on one side of the home and offers a luxurious spa-inspired bath with double vanities, soaking tub, separate shower, private water closet, and an oversized walk-in closet. The adjacent laundry room provides added convenience. On the opposite side of the home, two guest bedrooms share a well-appointed bath, creating privacy and comfort for family and visitors alike. A powder bath is conveniently located near the mudroom and storage area leading to the garage. The impressive 988-square-foot, three-car garage offers abundant space for vehicles, recreational equipment, and additional storage. Oak River Estates is one of Lake Palestine's premier gated waterfront communities, offering underground utilities, a scenic lakefront park and pavilion, walking trails, and a private boat ramp for residents. Surrounded by towering trees and the natural beauty of East Texas, this remarkable home combines quality craftsmanship, timeless style, and an exceptional lifestyle. Come experience the peaceful setting and outstanding amenities that make Oak River Estates such a desirable place to call home.

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Single Family Active

Price

$ 516,675

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,200

Style

Traditional

Lot Size

1.002

Year Built

2026

Town/City

Frankston

County/Region

Anderson

MLS | Web ID

21319990

Features
Interior
Interior Features Built-in Features Open Floorplan Other Walk-In Closet(s)
Flooring Other See Remarks
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 1
Total Bedrooms 3
Total Baths 3
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General
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Aerobic Septic Electricity Connected Underground Utilities See Remarks
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Range Microwave
Assoc Fees 750
Number of Garage Spaces 3
Restrictions Other
School District Frankston ISD
HOA Fee Includes Full Use of Facilities Maintenance Grounds Management Fees
Pool Y/N 0
Year Built 2026
Architectural Style Traditional
Community Features Boat Ramp Fishing Gated Lake Park Playground Other
Levels One
Property Subtype Single Family Residence
Subdivision Name Oak River Estates
Transaction Type For Sale
County Anderson
Property Type Residential
Construction Materials Brick Fiber Cement
Year Built Details New Construction - Incomplete
HOA Type Mandatory
Special Notes Other
Full Baths 2
Status Active
Directions Take Hwy 155 S to Left (East) on FM 2215 at Midway Package. Make right on CR 4117 & follow to right on CR 309 to the entrance gate on the left side of CR 309.
City Frankston
Elementary School Name Frankston
High School Frankston
Elementary School Frankston
Standard Status Active
Listing Terms Conventional FHA VA Loan
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Exterior
Waterfront 0
Lot Features Irregular Lot Other
Fencing None
Lot Size Source Other
Parking Features Additional Parking Driveway
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Dimensions 246'x220'x95'x220'
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Dana Staples

Listing Agent

Staples Sotheby's International Realty Llc

Broker

Affordability Calculator

$3,362
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,262
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/2/2026 $516,675 Listed Price

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500 Private Road, Frankston, TX, 75763 is a Single Family Home for sale at $516,675 with 2,092 sqft and a lot size of 1.002. 500 Private Road has 3 bedrooms, 2.1 baths, and was built in 2026. The property's zip code is 75763 which is in Frankston, TX