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    000 State Highway 155 Frankston, TX 75763

    For Sale
    $3,452,150

    Unimproved Land - Frankston, TX

    Type:Unimproved Land
    Lot size:
    294.00 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 11 at 1:06 pm

    Property Features for 000 State Highway 155

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    00090850000087
    Lot size
    294.00 Acres

    Building Details

    Architectural style
    Other

    Whitetail Properties Real Estate (830) 428-0096

    Listing agent Aaron Ablondi (217) 285-9000 License #0665003

    Listing date Oct 20, 2025

    MLS# 21091090 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    294 Acres Near Lake Palestine

    This tract, estimated at approximately 294 acres, is located near Lake Palestine and the City of Tyler. The land features frontage along SH 155 and two county roads. Densely wooded with mature plantation Pine and scattered homestead Oak trees, the tract has rolling terrain. Elevation ranges from approximately 380 feet above sea level to approximately 440 feet above sea level. The property presents a unique opportunity for homesite development. A buy and hold plan could incorporate timber management with future harvest income, maintaining value as a desirable home-site tract with some commercial potential. This property is part of a larger tract with multiple other parcels being offered. Boundaries are approximate and will be surveyed upon contract of the desired tract. The location is close to Frankston and Tyler, with a nearby marina only minutes away. It offers an excellent opportunity for investment with home-site potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Frankston
    County
    Anderson
    State
    Texas
    Longitude
    -95.4943
    Latitude
    32.1008

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    FAQs

    What type of property is this?
    Land - Unimproved land with homesite and commercial potential near Frankston.
    Where is this land located?
    The property is located at 000 State Highway 155 Frankston, TX.
    What is the asking price?
    The asking price for this property is $3,452,150.
    What are key features of this property?
    This property features: - Large acreage: approximately 294 acres, ideal for homesite development or investment.; - Excellent road frontage on State Highway 155 and two county roads.; - Close proximity to Lake Palestine and a nearby marina.
    (217) 285-9000
    Request Owner's contact information
    000 State Highway 155 Frankston, TX 75763
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    Frankston, TX 75763
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 State Highway 155 Frankston, TX 75763
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