NOT LISTED FOR SALE

11536 Drakes Landing Frankston, TX 75763

Estimated Value: $361,000

0.5 Acre
$722,000 Price per Acre
21,780 Sq Ft Lot

Last Sold May 21, 2013

Current estimated payment $2,000/month

Highlights

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

About This Lot

As of May 2013

Attention fisherman and waterfront lovers! Take a look at this .5 acre (above 355' elevation) wooded waterfront lot on Lake Palestine! Price has been drastically reduced to allow waterfront lovers to pursue their dream of a home on Lake Palestine. Located on a rural cul-de-sac, with new home construction across the street and underground utilities, this reasonably priced restricted lot has additional land below the 355' elevation allocated to you for your use by the Upper Neches River Authority, making this a wonderfully large tract to build the home of your dreams. Add'l Lot 6 provided for space to build storage bldg, etc. if desired). Please call for more information!

Last Agent to Sell the Property

Dana Staples

Staples Sotheby's International Realty License #0546841 Listed on: 05/07/2013

Staples Sotheby's International Realty

Last Buyer's Agent

Dana Staples

Staples Sotheby's International Realty License #0546841 Listed on: 05/07/2013

Staples Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $804

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 125x194x147x180
  • Waterfront
  • Property fronts an easement
  • Cul-De-Sac
  • Partially Fenced Property
  • Sloped Lot
  • Partially Wooded Lot

Schools

  • Frankston Elementary And Middle School
  • Frankston High School

Utilities

  • Electricity To Lot Line
  • Natural Gas Not Available

Community Details

  • Drake's Landing I Subdivision
  • The community has rules related to building or community restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$804

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 11536 Drakes Landing
  • Second Address Number: 11536
  • PrimaryType: Residential
  • PublicRemarksAmenities: Attention fisherman and waterfront lovers! Take a look at this .5 acre (above 355' elevation) wooded waterfront lot on Lake Palestine! Price has been drastically reduced to allow waterfront lovers to pursue their dream of a home on Lake Palestine. Located on a rural cul-de-sac, with new home construction across the street and underground utilities, this reasonably priced restricted lot has additional land below the 355' elevation allocated to you for your use by the Upper Neches River Authority, making this a wonderfully large tract to build the home of your dreams. Add'l Lot 6 provided for space to build storage bldg, etc. if desired). Please call for more information!
  • OFFICELIST_STATE: TX
  • Subdivision Name: Drake's Landing I
  • Restrictions: Mobile Home Restricted, SQFT Restrictions
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features: Paved Interior Roads
  • ROADSURFACEINTERIOR: Asphalt

Exterior Features

  • Easements: Electric, Road
  • Fencing: Partial Fence
  • Lake Name: Lake Palestine
  • Waterfront: Yes
  • Water View: No
  • Topography: Sloped

Utilities

  • Electric: Electric On Site
  • Gas Company: None
  • Sewer: None
  • Hot Water: Community

Fee Information

  • Tax Class: LOTS
  • Taxes: 804.40

Schools

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

Lot Info

  • Estimated Lot Dimensions: 125x194x147x180
  • Lot Dimension Source: HCAD
  • Lot/Land Description: Water/Lakefront, Cul-de-Sac, Wooded, Subdivision
  • Total Acres: 0.5
  • Timber Type: Partial Coverage
  • Lot Type: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
May 17, 2013
Sold by
Drake Kirk B
Bought by
Kolb Michael R and Kolb Gayle Y
Seller's Agent
Dana Staples
Staples Sotheby's International Realty
Buyer's Agent
Dana Staples
Staples Sotheby's International Realty
Current Estimated Value
$361,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.59%

Purchase Details

Closed on
May 4, 2005
Sold by
Hummel Louise
Bought by
Kolb Michael R and Kolb Gayle Y
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kolb Michael R -- --
Kolb Michael R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2013 05/21/13 Sold -- -- --
05/07/2013 05/07/13 Pending -- -- --
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 $401 $29,225 $29,225 $0
2023 $411 $29,225 $29,225 $0
2022 $523 $29,230 $29,230 $0
2021 $567 $29,230 $29,230 $0
2020 $262 $12,860 $12,860 $0
2019 $276 $12,860 $12,860 $0
2018 $276 $12,860 $12,860 $0
2017 $281 $12,860 $12,860 $0
2016 $281 $12,860 $12,860 $0
2015 $280 $12,860 $12,860 $0
2014 $272 $12,860 $12,860 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 10032492

Greater Tyler Association of REALTORS®

APN: 3291-0001-0020-87