
Tract 5 State Highway 155 Frankston, TX 75763
Estimated payment $4,598/month
About This Lot
This tract is estimated to be approximately 52.5 acres with frontage along SH 155. It is densely wooded with mature plantation Pine with the occasional large homestead Oak found scattered throughout. The tract has rolling terrain with elevation ranging from an approximate low of 390’ ASL to an approximate high of 470’ ASL. The combination of these features as well as the close proximity to Lake Palestine and the City of Tyler make this a unique tract for homesite development. A buy and hold plan could implement timber management with future harvest income and still hold value as a very desirable home-site tract with some commercial potential. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.
Property Details
Property Type
- Land
Lot Details
- 52.5 Acre Lot
Schools
- Frankston Elementary And Middle School
- Frankston High School
Utilities
- Electricity Not Available
- Natural Gas Not Available
- Water Not Available
Community Details
- The community has rules related to deed restrictions
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/19/2024 08/19/24 | For Sale | $729,167 | -- | -- |
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Source: Greater Tyler Association of REALTORS®
MLS Number: 24011553
