$349,000
$20K PRICE DROP

11524 & 11536 Drake's Landing Frankston, TX 75763

Estimated payment $2,000/month

Total Views 1,987
1.86 Acres
$187,634 Price per Acre
81,022 Sq Ft Lot

Highlights

  • Boathouse
  • Boat or Launch Ramp
  • Wooded Lot
  • Lake Front
  • Views of Pier
  • Cul-De-Sac

About This Lot

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 to water’s edge-unusual for Lake Palestine! With a cul de sac location, towering established trees & a recently built boathouse & bulkhead, this is not your typical lake lot. Boathouse provides an air-conditioned room to escape from heat of the day with a sink, refrigerator & microwave for ease of entertainment. An air conditioned portable bathroom on site holds its own enclosed septic tank. Bonus storage room is perfect for lake toys & has a shower. Boathouse also has a one slip electric lift, a fish cleaning station, covered area for protection from the sun & rain & is perfect to fish right from the dock with wide stairs leading down to the water. Bring your new house plans & enjoy life on the lake!

Listing Agent

Dana Staples

Staples Sotheby's International Realty License #0546841 Listed on: 03/07/2025

Staples Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $831

Lot Details

  • 1.86 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Wooded Lot
  • Additional Parcels

Schools

  • Frankston Elementary School
  • Frankston Middle School
  • Frankston High School

Additional Features

  • Views of a pier
  • Sewer Not Available

Community Details

Overview

  • Lakeside Estate Subdivision

Recreation

  • Bulkhead
  • Boat or Launch Ramp
  • Boathouse

Property Details

Property Type

Land

Est. Annual Taxes

$831

Lot Details

0

Listing Details

  • 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. First sign is on lot designated for septic. Turn right onto Drake's Landing (through stone entrance) Second sign on waterfront lots.
  • Prop. Type: Land
  • Lot Size Acres: 1.86
  • Road Surface Type: Asphalt
  • Subdivision Name: Lakeside Estate
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: Other
  • Lot Features: Cul-De-Sac, Other, Subdivision, Wooded, Waterfront
  • Waterfront Features: Bulkhead, Boat Ramp/Lift Access, Lake, Lake Front, Pier, Waterfront
  • Waterfront: Yes
  • Other Structures: Boat House

Utilities

  • Utilities: Electricity Available
  • Sewer: None
  • Water Source: Public

Schools

  • Elementary School: FRANKSTON ELEMENTARY SCHOOL
  • Junior High Dist: 67 - Frankston
  • High School: FRANKSTON HIGH SCHOOL
  • Middle Or Junior School: FRANKSTON MIDDLE SCHOOL

Lot Info

  • Additional Parcels Description: 32910001002087,43350015006087
  • Additional Parcels: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 831.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $349,000 -2.8% --
05/02/2025 05/02/25 Price Changed $359,000 -2.7% --
03/07/2025 03/07/25 For Sale $369,000 -- --
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 4021320

Houston Association of REALTORS®