NOT LISTED FOR SALE

11535 Drakes Landing Frankston, TX 75763

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

0.44 Acre
$1,623,507 Price per Acre
19,079 Sq Ft Lot

Last Sold May 09, 2018

Current estimated payment $4,395/month

Highlights

  • Waterfront
  • Partially Wooded Lot
  • Cul-De-Sac

About This Lot

As of May 2018

BEST VALUE FOR WATERFRONT LOT ON THE LAKE!!! Wonderful wooded waterfront lot on Lake Palestine in restricted site built homes only subdivision on private peninsula between 2 new well kept site built 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 your 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 extra). Quick access to Hwy 155 for ease in commute/travel. PLUS Underground utilities. Take a look at this reasonably priced waterfront lot with everything a buyer could want on popular fishing bay on Lake Palestine!

Last Agent to Sell the Property

Dana Staples

Staples Sotheby's International Realty License #0546841 Listed on: 04/21/2018

Staples Sotheby's International Realty

Last Buyer's Agent

Ben Burks

RE/MAX Professionals License #0520125

RE/MAX Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,348

Lot Details

  • 0.44 Acre Lot
  • Waterfront
  • Property fronts an easement
  • Cul-De-Sac
  • Irregular Lot
  • Sloped Lot
  • Partially Wooded Lot

Schools

  • Frankston Elementary And Middle School
  • Frankston High School

Utilities

  • Natural Gas Not Available

Community Details

  • Thousand Pines Subdivision
  • The community has rules related to deed restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$2,348

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 11535 Drake's Landing
  • Second Address Number: 11535
  • LakeCommunity: No
  • PrimaryType: Residential
  • PublicRemarksAmenities: BEST VALUE FOR WATERFRONT LOT ON THE LAKE!!! Wonderful wooded waterfront lot on Lake Palestine in restricted site built homes only subdivision on private peninsula between 2 new well kept site built 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 your 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 extra). Quick access to Hwy 155 for ease in commute/travel. PLUS Underground utilities. Take a look at this reasonably priced waterfront lot with everything a buyer could want on popular fishing bay on Lake Palestine!
  • OFFICELIST_STATE: TX
  • Subdivision Name: Thousand Pines (Lakeside)
  • Restrictions: Mobile Home Restricted, Deed Restrictions
  • ROADTYPEACCESS: City/Town Road, Private
  • Survey Available: Available In Office
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Easements: Access
  • Fencing: None
  • Lake Name: Lake Palestine
  • Waterfront: Yes
  • Water View: No
  • Soil Type: Unknown
  • Topography: Sloped

Utilities

  • Electric: Electric Available
  • Gas Company: None
  • Sewer: None
  • Hot Water: Community, Water Available

Fee Information

  • Tax Class: LOTS
  • Taxes: 2348

Schools

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

Lot Info

  • Estimated Lot Dimensions: .438 AC
  • Lot Dimension Source: HCAD
  • Lot/Land Description: Water/Lakefront, Cul-de-Sac, Wooded, Subdivision, Irregular, Other/See Remarks
  • Total Acres: 0.438
  • Timber Type: Partial Coverage, Mixed
  • Lot Type: Single Family

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 -- -- --
04/21/2018 04/21/18 Pending -- -- --
04/21/2018 04/21/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $87,500 -- --
Source: Greater Tyler Association 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: Greater Tyler Association of REALTORS®

MLS Number: 10091492

Greater Tyler Association of REALTORS®

APN: 3291-0001-0050-87