$729,167

Tract 5 State Highway 155 Frankston, TX 75763

Estimated payment $4,598/month

Total Views 15,255
53 Acres
$13,889 Price per Acre
2,286,900 Sq Ft Lot

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.

Last Listed By

Courtney Robertson

RE/MAX Benchmark License #0636078 Listed on: 08/19/2024

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: Tract 5 Hwy 155
  • Second Address Number: Tract 5
  • OFFICELIST_STATE: TX
  • Restrictions: Deed Restrictions, Mobile Home Restricted
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Easements: Unknown
  • Fencing: None
  • Out Buildings: None
  • Waterfront: No
  • Water View: No

Utilities

  • Electric: None
  • Gas Company: None
  • Hot Water: None

Fee Information

  • Tax Class: RURAL ACREAGE
  • Taxes: unknown

Schools

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

Lot Info

  • Total Acres: 52.5

Map

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

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 For Sale $729,167 -- --
Source: Greater Tyler Association of REALTORS®

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Source: Greater Tyler Association of REALTORS®

MLS Number: 24011553

Greater Tyler Association of REALTORS®