NOT LISTED FOR SALE

11535 Drake's Landing Frankston, TX 75763

Estimated Value: $566,000 - $987,000

0.43 Acre
$1,653,712 Price per Acre
18,731 Sq Ft Lot

Last Sold May 09, 2018

Current estimated payment $4,395/month

43 Days on Market

Highlights

  • Lake Front
  • Cul-De-Sac
  • Interior Lot

About This Lot

As of May 2018

BEST VALUE ON THE LAKE!!! Wonderful wooded waterfront lot on Lake Palestine in restricted site built homes only subdivision on private peninsula between 2 new homes! With approximately 140' of shoreline and 5'-6' of water depth where boathouse would be built on Cobb Inlet (great fishing) you will love the serenity this area provides. The waterfront lot is for construction of home with an extra off water lot included for septic, with 5' easement leading to it from waterfront lot (per Septic Designer the fee to connect is minimal - approximately $500). Quick access to Hwy 155 for ease in commute/travel. Underground utilities. Take a look at this reasonably priced waterfront lot with everything a buyer could want on Lake Palestine!

Last Agent to Sell the Property

Dana Staples

Staples Sotheby's International Realty LLC License #0546841 Listed on: 03/09/2018

Staples Sotheby's International Realty LLC

Last Buyer's Agent

Dana Staples

Staples Sotheby's International Realty LLC License #0546841 Listed on: 03/09/2018

Staples Sotheby's International Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,421

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Interior Lot
  • Irregular Lot

Property Views

  • Lake
  • Woods

Utilities

  • Underground Utilities
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 5 & 9 / 15
  • Assessor Parcel Number R000053876 & R000078200

Property Details

Property Type

Land

Est. Annual Taxes

$8,421

Lot Details

0

Listing Details

  • Property Type: Lot
  • Outof Area City: Frankston
  • Outof Area County: Henderson
  • Outof Area School District: Frankston ISD
  • Architect Approved: Yes
  • Builder Restricted: No
  • Restrictions: Yes
  • Restrictions Type: Deed Restrictions
  • Ratio Close Price By List Price: 0.97143
  • Ratio Close Price By Original Li: 0.97143
  • Ratio Current Price By Lot Size: 194063.93
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • View: Lake/River, Woods
  • Improvements: No Land Improvements

Exterior Features

  • Trees: Moderate
  • Waterfront: Yes
  • Waterfront Description: Lake
  • Horses Allowed On Property: No
  • Water Access: Yes
  • Water Access Description: Lake
  • Livestock: No
  • Body Of Water: See Agent
  • Easements: Access

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Underground
  • Water Source: City

Condo/Co-op/Association

  • Gated Community: No
  • HOA: No

Schools

  • School District: Other
  • Elementary A: Frankston
  • Gr9 High Other: Frankston
  • Intermediary: Yes
  • Middle Other: Frankston

Lot Info

  • Endangered Species: Unknown
  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: Cul-De-Sac, Interior, Irregular, Lakefront
  • Lot Size Area: 0.438
  • Lot Size: Irregular
  • Surface Water: No
  • Tear Downon Property: No
  • Topography: Sloping
  • Type of Home Allowed: Site Built
  • Zoning: Unknown
  • Parcel Number: R000053876 & R000078200
  • M A P S C O Page: 62X & 70X

Tax Info

  • Tax Block: 15
  • Tax Lot: 5 & 9
  • Tax Amount: 2348.00
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Bogue Edward B
Bought by
Edward And Donna Bogue Trust
Current Estimated Value
$674,453

Purchase Details

Closed on
Apr 24, 2007
Sold by
Drake Kirk B
Bought by
Hewitt Bruce and Hewitt Jeri

Purchase Details

Closed on
May 4, 2005
Sold by
Hummel Louise
Bought by
Hewitt Bruce and Hewitt Jeri
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edward And Donna Bogue Trust -- Adams & Coker Pc
Hewitt Bruce -- None Available
Hewitt Bruce -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2018 05/09/18 Sold -- -- --
05/09/2018 05/09/18 Sold -- -- --
05/06/2018 05/06/18 Pending -- -- --
04/21/2018 04/21/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $87,500 -- --
02/24/2018 02/24/18 For Sale -- -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,421 $614,413 $83,600 $606,071
2023 $7,893 $561,830 $83,600 $569,001
2022 $8,432 $615,350 $83,600 $531,750
2021 $9,135 $470,570 $83,600 $386,970
2020 $1,702 $83,600 $83,600 $0
2019 $1,795 $83,600 $83,600 $0
2018 $2,244 $104,500 $104,500 $0
2017 $2,282 $104,500 $104,500 $0
2016 $2,282 $104,500 $104,500 $0
2015 $2,273 $104,500 $104,500 $0
2014 $2,207 $104,500 $104,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4594537

Unlock MLS (Austin Board of REALTORS®)

APN: 3291-0001-0050-87