Last list price
22690 Cherry Ln Frankston, TX 75763
5
Beds
4
Baths
4,100
Sq Ft
0.8
Acres
Highlights
- Boathouse
- Waterfront
- Two Living Areas
- Pier
- Marble Bathroom Countertops
- Game Room
About This Home
As of June 2025Nestled on over 180 feet of pristine lakefront, this 4,100 square foot home offers ample space and stunning views of Lake Palestine. Boasting 5 spacious bedrooms and 4 full bathrooms, this two story is designed for entertaining. The main level features 3 bedrooms, two bathrooms and a full kitchen. You can hop on the elevator and take a short ride to the lower level that has 2 bedrooms, 2 bathroom, 2 full kitchens and a spacious game/bonus room. The lower level is ideal for guest or potential rental opportunities, offering the flexibility of private, self contained apartments. The boat house includes two boat slips, perfect for water enthusiasts who want to take full advantage of the beautiful lakefront setting. This unique property is a must see, to appreciate all its character. Don't miss the opportunity to own this intriguing lakefront gem!
Last Agent to Sell the Property
East Texas Preferred Properties, LLC License #0706266 Listed on: 04/04/2025
Last Buyer's Agent
NON MEMBER AGENT
NON MEMBER OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,985
Year Built
- Built in 1990
Lot Details
- 0.8 Acre Lot
- Waterfront
- Irregular Lot
Home Design
- Slab Foundation
- Wood Frame Construction
- Composition Roof
- Concrete Siding
Interior Spaces
- 4,100 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Family Room
- Two Living Areas
- Combination Kitchen and Dining Room
- Game Room
- Basement
Kitchen
- Double Oven
- Electric Oven or Range
- Electric Cooktop
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Laminate
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Marble Bathroom Countertops
- Tile Bathroom Countertop
- Double Vanity
- Bathtub with Shower
- Shower Only
Parking
- 2 Car Garage
- Rear-Facing Garage
- Garage Door Opener
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Pier
- Boathouse
- Outdoor Storage
Schools
- Frankston Elementary And Middle School
- Frankston High School
Utilities
- Central Air
- Window Unit Cooling System
- Heating Available
- Multiple Water Heaters
- Electric Water Heater
- Aerobic Septic System
Community Details
- Property has a Home Owners Association
- $200 HOA Transfer Fee
- Lollipop Landing Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2025
Closed on
Jun 2, 2025
Sold by
Bundick Susan Kaiser and Bundick Ronald Ray
Bought by
Lipsey Triangle Family Limited Partnership
Seller's Agent
Brandon McIntyre
East Texas Preferred Properties, LLC
Buyer's Agent
NON MEMBER AGENT
NON MEMBER OFFICE
List Price
$820,000
Total Days on Market
41
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.69%
Purchase Details
Closed on
Jul 27, 2015
Sold by
Bundick Ronald R
Bought by
Bundick Ronald R and Bundick Susan K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,200
Interest Rate
4.07%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Mar 1, 1989
Bought by
Bundick Ronald R and Bundick Susan K
Similar Homes in Frankston, TX
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Hollytree Title | |
| Interfamily Deed Transfer | -- | Title Source Inc | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $374,000 | Stand Alone First | |
| Previous Owner | $355,200 | Stand Alone First | |
| Previous Owner | $359,250 | Credit Line Revolving | |
| Previous Owner | $0 | Credit Line Revolving | |
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Sold | -- | -- | -- |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $820,000 | -- | $200 / Sq Ft |
Source: Greater Tyler Association of REALTORS®
Tax History Compared to Growth
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 | $5,985 | $436,657 | $124,800 | $311,857 |
| 2023 | $5,872 | $417,947 | $124,800 | $293,147 |
| 2022 | $6,390 | $383,020 | $124,800 | $258,220 |
| 2021 | $6,144 | $316,520 | $124,800 | $191,720 |
| 2020 | $5,794 | $284,500 | $124,800 | $159,700 |
| 2019 | $5,758 | $268,130 | $124,800 | $143,330 |
| 2018 | $5,646 | $258,540 | $124,800 | $133,740 |
| 2017 | $5,588 | $255,920 | $124,800 | $131,120 |
| 2016 | $5,588 | $255,920 | $124,800 | $131,120 |
| 2015 | $1,390 | $255,920 | $124,800 | $131,120 |
| 2014 | $1,521 | $253,920 | $124,800 | $129,120 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon McIntyre
B
Seller's Agent in 2025
Brandon McIntyre
East Texas Preferred Properties, LLC
(903) 520-8522
32 Total Sales
-
Julie Jumalon
J
Seller Co-Listing Agent in 2025
Julie Jumalon
East Texas Preferred Properties, LLC
(903) 707-0410
23 Total Sales
-
N
Buyer's Agent in 2025
NON MEMBER AGENT
NON MEMBER OFFICE
Map
Source: Greater Tyler Association of REALTORS®
MLS Number: 25005045
APN: 3380-0002-0010-87
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