Frankston, TX Homes for Sale under $500,000

/18
$480,000
- Land
- 30 Acres
- $16,000 per Acre
TBD Cr 4221, Frankston, TX 75763

Welcome to Frankston, Texas, where nature's beauty meets the charm of rural living. Nestled within this picturesque landscape, we present to you an extraordinary opportunity—a magnificent parcel of land spanning approximately 30 acres, showcasing a harmonious blend of lush hay fields, majestic oak trees, and desirable road frontage. As you arrive at this enchanting property, you'll be greeted by

Matthew McKeethan

Xcel Properties

(430) 218-3073

TBD Cr 4221, Frankston, TX 75763
/20
$450,000
- Land
- 27 Acres
- $16,667 per Acre
0 E S Sh 155, Frankston, TX 75763

This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan

Robert Clayton Whitetail Properties Real Estate

0 E S Sh 155, Frankston, TX 75763
/23
$441,667
- Land
- 26.5 Acres
- $16,667 per Acre
0 E S Sh 155, Frankston, TX 75763

This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan

Robert Clayton Whitetail Properties Real Estate

0 E S Sh 155, Frankston, TX 75763
/21
$475,000
- 4 Beds
- 2.5 Baths
- 3,542 Sq Ft
1092 An County Rd 318, Frankston, TX 75763

This could be your new home situated in a rural & peaceful setting with plenty of acreage and space for your horses or other outdoor hobbies. This Property was previously financed by a mortgage loan that was insured by the U.S. Dept of Housing and Urban Dev("HUD") and requires 30-day priority purchase period for Owner-Occupant buyers, Eligible Nonprofit Organizations, and gov't entities. Investor

TOM HOOTER Berkshire Hathaway Homeservices Miles Realty

1092 An County Rd 318, Frankston, TX 75763
/13
$400,000
- Land
- 32 Acres
- $12,500 per Acre
Tract 18 Cr 4224, Frankston, TX 75763

This is a great, country retreat property in a nice area. If you’re looking for a buy and hold investment, residential use property, or just a piece of land in a great area, you should consider this property. It is currently being used as investment and timber production with an older stand of planted pines covering most of the property. The county road allows for easy access in and out of the

Courtney Robertson RE/MAX Benchmark

Tract 18 Cr 4224, Frankston, TX 75763
/21
$450,000
- Land
- 27 Acres
- $16,667 per Acre
Tract 1 State Highway 155, Frankston, TX 75763

This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan

Courtney Robertson RE/MAX Benchmark

Tract 1 State Highway 155, Frankston, TX 75763
/24
$441,667
- Land
- 26.5 Acres
- $16,667 per Acre
Tract 2 State Highway 155, Frankston, TX 75763

This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan

Courtney Robertson RE/MAX Benchmark

Tract 2 State Highway 155, Frankston, TX 75763
/20
$425,000
- Land
- 0.28 Acre
- $1,506,024 per Acre
22451 Cherry Ln, Frankston, TX 75763

What a rare find! WATERFRONT LOT IN LOLLIPOP LANDING. On Lake Palestine right off HWY 155 – just minutes to Tyler. Ready to build on slightly sloping 83+ feet of newly bulk-headed shoreline. Year round deep open water. Quiet restricted subdivision, electric and water at the road, New Geo survey and survey available. Private boat ramp. Come and enjoy the lake life living!

Dana Staples Staples Sotheby's International Realty

22451 Cherry Ln, Frankston, TX 75763
/12
$437,500
- Land
- 35 Acres
- $12,500 per Acre
Tract 19 County Road 4224, Frankston, TX 75763

This is a great, country retreat property in a nice area. If you’re looking for a buy and hold investment, residential use property, or just a piece of land in a great area, you should consider this property. It is currently being used as investment and timber production with an older stand of planted pines covering most of the property. The county road allows for easy access in and out of the

Courtney Robertson RE/MAX Benchmark

Tract 19 County Road 4224, Frankston, TX 75763
/16
$475,000
- 4 Beds
- 3 Baths
- 3,542 Sq Ft
1092 An County Road 318, Frankston, TX 75763

This could be your new home situated in a rural & peaceful setting with plenty of acreage and space for your horses or other outdoor hobbies. This Property was previously financed by a mortgage loan that was insured by the U.S. Dept of Housing and Urban Dev("HUD") and requires 30-day priority purchase period for Owner-Occupant buyers, Eligible Nonprofit Organizations, and gov't entities. Investor

TOM HOOTER Berkshire Hathaway HomeServices Miles Realty-Tyler

1092 An County Road 318, Frankston, TX 75763
/12
$437,500
- Land
- 35 Acres
- $12,500 per Acre
Tract 19 Cr 4224, Frankston, TX 75763

This is a great, country retreat property in a nice area. If you’re looking for a buy and hold investment, residential use property, or just a piece of land in a great area, you should consider this property. It is currently being used as investment and timber production with an older stand of planted pines covering most of the property. The county road allows for easy access in and out of the

Courtney Robertson RE/MAX Benchmark

Tract 19 Cr 4224, Frankston, TX 75763
/23
$429,900
- Land
- 1.28 Acres
- $336,648 per Acre
Lot 111 Oak River, Frankston, TX 75763

New Development. This is prime open water lot on the south of the lake on what is known as the deepest part of the lake. Multiple lots available: Waterfronts, lake views, interiors, boat house lots. Amenities include gated entrance, community lake front park, private boat ramp, lakefront trail. Beautiful property on desirable south side of the lake on deep water. You will want to see this one,

Nathan Spillman HFNS Realty Group

Lot 111 Oak River, Frankston, TX 75763
/43
$450,000
- 1 Bed
- 1 Bath
- 2,000 Sq Ft
22080 County Road 4117, Frankston, TX 75763

7.4 acres park-like setting. Amazing Opportunity!!! This is a rare find. Location! Near Lake Palestine! NO RESTRICTIONS!! 200 SQ FT shop, including a 640 SQFT living quarters. 1 bedroom. 1 bath. Whirlpool appliances in the apartment with a 4-ton HVAC. Fully heated and cooled shop and apartment. Spray foam insulated. Sprinkler system. New build completed 08/2025. Multiple options are available

Patty Taylor County Line Realty

22080 County Road 4117, Frankston, TX 75763
/13
$400,000
- Land
- 32 Acres
- $12,500 per Acre
Tract 18 County Road 4224, Frankston, TX 75763

This is a great, country retreat property in a nice area. If you’re looking for a buy and hold investment, residential use property, or just a piece of land in a great area, you should consider this property. It is currently being used as investment and timber production with an older stand of planted pines covering most of the property. The county road allows for easy access in and out of the

Courtney Robertson RE/MAX Benchmark

Tract 18 County Road 4224, Frankston, TX 75763
/37
$425,000
- 3 Beds
- 2 Baths
- 1,780 Sq Ft
782 An County Road 325, Frankston, TX 75763

Charming Log Cabin on 9.9 peaceful acres! Deer visit daily in this quiet setting with a fenced backyard & covered patio. 2024 updates include a new roof, 2-car metal garage, all new plumbing, new bathroom shower, whole-home water filter system, spray barrier on foundation, asphalt driveway & a concrete sidewalk. The property also features a Generac whole-home generator and an RV cover with a

Cheryl Sartain eXp Realty LLC

782 An County Road 325, Frankston, TX 75763

Texas Anderson County Frankston

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In Frankston, you'll encounter a variety of homes and houses for sale priced under $500,000, providing affordable options for potential buyers. With 15 listings available, there's a wide selection to explore, from charming bungalows to contemporary townhouses. These properties offer an opportunity to enter the real estate market or diversify your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Frankston, TX and find the perfect fit for your homeownership goals.

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