$394,500

7359 Panorama Dr E Frankston, TX 75763

Frankston Area

Estimated payment $2,631/month

Total Views 91
2 Beds
1 Bath
1,116 Sq Ft
$353 Price per Sq Ft

Highlights

  • Lake Front
  • Deck
  • Views
  • Brownsboro J High School Rated A-
  • Covered Patio or Porch
  • Detached Carport Space

About This Home

Welcome to your own slice of East Texas paradise on beautiful Lake Palestine! This newly updated waterfront home offers the perfect blend of comfort, charm, and income-producing potential. Nestled on two lots, this inviting property features 2 bedrooms and 1 full bath, making it an ideal weekend retreat, vacation rental, or full-time lakeside residence.Inside, you'll find stylish updates throughout, including shiplap accent walls in the main living areas that add warmth and character. Expansive windows across the back of the home showcase breathtaking water views and fill the space with natural light, creating the perfect setting to enjoy stunning sunrise views over the lake each morning.Step outside and embrace the waterfront lifestyle. A newly redone pier with an open deck provides the perfect spot for fishing, relaxing, or soaking in the scenery. Between the home and the water, a concrete platform is already in place and perfectly suited for a future fire pit area where family and friends can gather under the stars. Currently operating as a short-term rental, this property offers proven income potential for investors while also serving as an incredible personal getaway.

Listing Agent

Charlene Hall

Palestine Realty Brokerage Email: 9037290443, Kristy@PalestineRealtyTx.com License #TREC #0643059 Listed on: 09/24/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,643

Year Built

  • Built in 1966

Lot Details

  • 10,454 Sq Ft Lot
  • Lake Front
  • Lot Has A Rolling Slope

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laminate Flooring
  • Microwave
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Carport Space
  • Open Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Septic System

Community Details

  • Brierwood Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 237525

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,643

Year Built

Built in 1966

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Private
  • MLS Status: Active
  • Standard Status: Active
  • Subdivision Name: Brierwood Bay
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1966
  • Attribution Contact: 9037290443, Kristy@PalestineRealtyTx.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Plank, Laminate
  • Interior Amenities: Kit/Din/Liv Combo, Ceiling Fan(s)
  • Living Area: 1116
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Views, Typical Lawn
  • Pool Features: None
  • Topography: Rolling
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Storage, See Remarks, Other
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Detached Carport, Gravel

Utilities

  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Electric: Tvec
  • Sewer: Septic System
  • Water Source: Public, Southwest Water

Schools

  • Junior High Dist: Brownsboro ISD

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 237525

Tax Info

  • Tax Annual Amount: 4643.44

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,627 $308,605 $199,500 $109,105
2024 $4,627 $308,176 $199,500 $108,676
2023 $4,632 $300,792 $199,500 $101,292
2022 $13,590 $286,310 $201,390 $84,920
2021 $2,202 $117,500 $47,950 $69,550
2020 $2,305 $115,550 $47,950 $67,600
2019 $1,946 $92,710 $47,950 $44,760
2018 $1,897 $90,410 $47,950 $42,460
2017 $1,893 $89,580 $47,950 $41,630
2016 $1,893 $89,580 $47,950 $41,630
2015 $1,885 $89,580 $47,950 $41,630
2014 $1,829 $89,580 $47,950 $41,630
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2026 09/24/26 Price Changed $394,500 0.0% $354 / Sq Ft
09/24/2026 09/24/26 For Sale $394,500 +2.5% $353 / Sq Ft
09/24/2026 09/24/26 For Sale $385,000 -- $346 / Sq Ft
Source: Palestine Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $220,590 New Conventional
Previous Owner $112,000 New Conventional
Source: Public Records

Source: Palestine Association of REALTORS®

MLS Number: 103785

APN: 2215-0000-0470-10

Your Personal Tour Guide

Ask me questions while you tour the home.