NOT LISTED FOR SALE

22788 Diamond Bay Dr Frankston, TX 75763

Estimated Value: $499,000 - $627,000

3 Beds
2 Baths
1,988 Sq Ft
$279/Sq Ft Est. Value

Highlights

  • Boathouse
  • Deck
  • Central Air
  • Waterfront
  • Traditional Architecture
  • Combination Kitchen and Dining Room

About This Home

As of July 2024

Introducing a beautiful three-bedroom, two-bathroom home by Lake Palestine, ready for rent. Built in 2013, it has a spacious layout with a great view of the lake. The master suite is separate for added privacy. Inside, you'll find nice flooring and stylish paint choices. Relax on the back deck with a view of the lake. The property comes with two garages, a boat house with a slip, and a jet ski lift. Residents also get access to a private boat ramp. Tenants cover utilities and lawn care. A dog is allowed if it it is under 20lbs. If you're interested, contact us today!

Last Agent to Rent the Property

Jonathan Wolf

Realty One Group Rose License #0501392 Listed on: 01/03/2024

Realty One Group Rose

Last Renter's Agent

Jonathan Wolf

Realty One Group Rose License #0501392 Listed on: 01/03/2024

Realty One Group Rose

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 0.4 Acre Lot
  • Waterfront
  • Sprinkler System

Home Design

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

Interior Spaces

  • 1,988 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Laminate Flooring
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Shower Only

Parking

  • 2 Car Garage
  • Side Facing Garage

Outdoor Features

  • Deck

Schools

  • Frankston Elementary And Middle School
  • Frankston High School

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • No Smoking Allowed

Community Details

Overview

  • Diamond Head Bay Subdivision

Recreation

  • Boathouse
  • Boat Ramp
  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Rental Info

  • Pet Deposit: 500
  • Smoking Allowed: No

Listing Details

  • OFFICELIST_ADDRESS: 22788 Diamond Bay
  • Second Address Number: 22788
  • LakeCommunity: No
  • Unit Levels: 1 ½ Stories
  • PrimaryType: Single Family Detached
  • PublicRemarksAmenities: Introducing a beautiful three-bedroom, two-bathroom home by Lake Palestine, ready for rent. Built in 2013, it has a spacious layout with a great view of the lake. The master suite is separate for added privacy. Inside, you'll find nice flooring and stylish paint choices. Relax on the back deck with a view of the lake. The property comes with two garages, a boat house with a slip, and a jet ski lift. Residents also get access to a private boat ramp. Tenants cover utilities and lawn care. A dog is allowed if it it is under 20lbs. If you're interested, contact us today!
  • OFFICELIST_STATE: TX
  • STREETUTILITIES: Paved
  • Building Style: Traditional
  • Subdivision Name: DIAMOND HEAD BAY
  • TELEVISIONACCESS: Satellite
  • YearOfConstruction: 2013
  • HistoricalDistrictYN: No
  • HistoricalHomesDesignationYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Primary Bathroom: Shower Only, Ceramic Tile
  • Master Bedroom: Master Bedroom Split
  • Number of Dining Areas: Kitchen/Eating Combo
  • Fireplace: None
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan, Blinds
  • Kitchen Equipment: Oven-Electric
  • Master Bedroom: Family Room, Utility Room
  • Source of Sq Ft: Appraisal

Exterior Features

  • Exterior Construction: Brick Veneer
  • Fencing: None
  • Exterior: Deck Open, Sprinkler System
  • Foundation: Slab
  • Lake Name: Lake Palestine
  • Neighborhood Amenities: Boat Ramp, Boat Dock - Slip, Boat House
  • Out Buildings: None
  • Pool/Spa: None
  • Roof: Composition
  • Waterfront: Yes
  • Water View: No

Garage/Parking

  • Driveway: Concrete
  • Garage Spaces: 2
  • Garage/Carport Description: Side Entry

Utilities

  • Cooling: Central Electric
  • Heating: Central/Electric
  • Sewer: Conventional Septic
  • Hot Water: Private
  • Water Heater: Standard-Electric

Condo/Co-op/Association

  • Pets Allowed: Yes

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 3782

Schools

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

Lot Info

  • Estimated Lot Dimensions: .4 acres
  • Lot/Land Description: Water/Lakefront
  • Total Acres: 0.4

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Portz Michael A and Portz Rita
Bought by
Wilkins Charles C and Wilkins Rhonda J
Current Estimated Value
$553,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$454,522
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$151,385

Purchase Details

Closed on
Sep 26, 2014
Sold by
Thankful Llc
Bought by
Portz Michael A and Portz Rita

Purchase Details

Listed on
Mar 22, 2013
Closed on
Feb 14, 2013
Sold by
Sellers John
Bought by
Thankful Llc
Seller's Agent
Rebecca Burks
RE/MAX Professionals
Buyer's Agent
Danny Burks
RE/MAX Professionals

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 22, 2013
Closed on
Feb 12, 2013
Sold by
Sellers John
Bought by
Portz Michael A and Portz Rita
Seller's Agent
Rebecca Burks
RE/MAX Professionals
Buyer's Agent
Danny Burks
RE/MAX Professionals

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2012
Sold by
Bear Thomas E Est
Bought by
Portz Michael A and Portz Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Bear Audrey Maxine Davis and Will Of Thomas E Bear
Bought by
Sellers John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1993
Sold by
Diamond Head Bay & Inc
Bought by
Portz Michael A and Portz Rita
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
Wilkins Charles C -- Assured Title
Portz Michael A -- Central Title Company
Thankful Llc -- Attorneys Title Company
Portz Michael A -- --
Portz Michael A -- --
Sellers John -- Attorneys Title Company
Portz Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Charles C $465,000
Previous Owner Portz Rita $133,000
Previous Owner Portz Michael A $92,600
Previous Owner Thankful Llc $90,000
Previous Owner Sellers John $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Rented $2,950 0.0% --
01/03/2024 01/03/24 For Rent $2,950 +145.8% --
04/01/2013 04/01/13 Rented $1,200 -- --
03/22/2013 03/22/13 Under Contract -- -- --
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 $8,885 $579,582 $147,000 $432,582
2023 $5,344 $347,016 $147,000 $348,814
2022 $4,062 $452,100 $158,760 $293,340
2021 $5,374 $286,790 $75,600 $211,190
2020 $5,462 $273,830 $75,600 $198,230
2019 $5,239 $249,650 $75,600 $174,050
2018 $3,888 $236,730 $75,600 $161,130
2017 $3,859 $233,570 $75,600 $157,970
2016 $4,937 $233,570 $75,600 $157,970
2015 $3,719 $233,570 $75,600 $157,970
2014 $4,769 $233,570 $75,600 $157,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 24000159

Greater Tyler Association of REALTORS®

APN: 2597-0000-0010-10