$1,145,000
$150K PRICE DROP

22551 Pine St Frankston, TX 75763

Estimated payment $7,003/month

Total Views 2,160
0.46 Acre
$2,489,130 Price per Acre
20,038 Sq Ft Lot

Highlights

  • Lake Front
  • In Ground Pool
  • Traditional Architecture
  • Docks
  • Deck
  • Covered patio or porch

About This Lot

Exceptional Waterfront Retreat on Lake Palestine! Facing east across the water, you will cherish breathtaking sunrises &moonrises & cooler temps in the warmer summer months! Discover incredible open water views & endless opportunities for relaxation, entertaining or investment potential - short term rentals are allowed! Step inside to an open-concept floorplan filled with natural light from floor to ceiling windows, showcasing stunning lake vistas. The spacious living & dining area offers panoramic views of the lake, creating a seamless connection between indoor & outdoor living. The kitchen, with new appliances, & breakfast area offers floor to ceiling windows for majestic lake views. A large bonus room with a fireplace provides flexible space for a game room, 2nd living area, home office, or add'l guest accommodations. With 5 bedrooms & 4full baths, you have plenty of space for overnight guests. Upstairs you will find 2 generously sized bedrooms, each featuring ensuite baths w/ private balconies lakeside. Downstairs are 3 add'l bedrooms & 2 bathrooms, providing great options for guests. Outdoor living truly shines, with a sparkling 18,000 gallon pool featuring a waterfall, benches, a shallow ledge &bubble spouts - perfect for cooling off on warm summer days. An expansive deck & covered patio provide the perfect setting for entertaining - or simply soaking in serene lake views. The boathouse offers 3 stalls w/ electric lifts, to accommodate up to 3 jet skis, a pontoon boat & a ski boat w/ an aluminum cradle lift. The boathouse has covered & open deck areas plus indoor living/dining area & a spiral staircase to sun deck. A concrete drive provides easy access to the boathouse. At the lakeside concrete patio, enjoy a fireplace & add'l seating area. A 1320 sq.ft. concrete slab offers endless possibilities for workshop or short term rental! All located just 20 minutes from Tyler & a short drive from DFW, for a perfect blend of convenience &peaceful lake life!

Staples Realty

Listed on: 07/03/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,932

Lot Details

  • Lake Front
  • Fishing include bass, catfish, bream, sunfish, bluegill
  • Sprinkler System
  • Current uses include residential single
  • Potential uses include residential single

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Docks
  • Deck
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling
  • Co-Op Electric
  • Overhead Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$7,932

Lot Details

0

Listing Details

  • Office Phone: 430-234-3525
  • Listing Website: https://www.land.com/property/22551-pine-street-frankston-texas-75763/24047146/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Outside Features: Boat Dock/Slip, Patio Covered, Patio Open, Sprinkler System, Wood Deck
  • Potential Use: Residential Single
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Floor Material: Ceramic Tile, Vinyl
  • Sprinklers: Yes
  • Appliances: Dishwasher, Disposal, Drop-In Range/Oven-Elec
  • Ceiling Fan: True
  • Interior Features: Cable TV Available, High Speed Internet Available, Built-ins, Separate Shower, Split Bedrooms, Walk-in Closets, Breakfast Bar, Full Size W/D Area
  • Foundation: Slab
  • Fireplace Type: Wood Burning

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Composition
  • Deck: True
  • Dock: True
  • Patio: True
  • Pool: True
  • Waterfront: True
  • Pool Features: In Ground Gunite
  • Road Description: City
  • Other Structures: Gutters

Garage/Parking

  • Parking Type: Attached

Utilities

  • Cooling: Central Air-Elec, Zoned
  • Heating: Central Heat- Elec
  • Security System: True
  • Cable Ready: True
  • Green Energy: Electric Water Heater
  • Security: Smoke Detector

Lot Info

  • Current Use: Residential Single
  • Lot Description: Waterfront/Lakefront, Lakefront
  • Fish: Bass, Catfish, Bream, Sunfish, Bluegill

Multi Family

  • Utilities Available: City Water, Overhead Utilities, Septic, Cable Available, Co-op Electric

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

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 $7,932 $517,422 $256,725 $555,308
2023 $7,222 $469,016 $332,682 $397,318
2022 $9,721 $789,340 $332,680 $456,660
2021 $7,447 $397,450 $63,250 $334,200
2020 $6,052 $375,480 $63,250 $312,230
2019 $7,060 $349,230 $63,250 $285,980
2018 $6,547 $309,730 $63,250 $246,480
2017 $6,444 $304,890 $63,250 $241,640
2016 $6,444 $304,890 $63,250 $241,640
2015 $5,069 $304,890 $63,250 $241,640
2014 $5,216 $304,890 $63,250 $241,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $1,145,000 -11.6% $322 / Sq Ft
06/30/2025 06/30/25 For Sale $1,295,000 -- $364 / Sq Ft
07/11/2016 07/11/16 Sold -- -- --
04/21/2016 04/21/16 Pending -- -- --

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Contemporary Title
Vendors Lien -- Landmark Title Inc
Warranty Deed -- None Available
Deed -- --
Vendors Lien -- None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $547,500 Credit Line Revolving
Closed $431,192 New Conventional
Previous Owner $398,880 New Conventional
Previous Owner $200,425 New Conventional
Previous Owner $232,000 New Conventional
Source: Public Records

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