Waterfront Land with
For Sale
$275,000
Pending
11524 & 11536 Drake's Landing, Frankston, TX 75763
LAND - Frankston, TX
Property SizeContact for details
Lot Size1.86 Acres
Days on Market522
Property Features for 11524 & 11536 Drake's Landing
General Information
Property type
Land
Property subtype
Other
Vegetation
Partially Wooded
Subdivision
Lakeside Estates
Lot features
Cul-De-Sac, Wooded, Subdivision
Elementary school
Frankston
Middle school
Frankston
High school
Frankston
Directions
From Tyler, take Hwy 155 S, to Left @ Midway Pkg Store on FM 2215 to stop sign. Turn left on 4117, to right on Jeb Circle. First sign is on lot designated for septic. Turn right onto Drake's Landing (through stone entrance) Second sign on waterfront lots.
Standard status
Pending
Lot size
1.86 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Lots 1&2 Lakeside Ests TR1 AB 7 J Ferguson&Lot6
Tax Annual Amount
831
Legal Description
Lots 1&2 Lakeside Ests TR1 AB 7 J Ferguson&Lot6
Utilities
Water front features
Lake Front
Water front
1
Amenities
air-conditioned room
sink
refrigerator
microwave
portable bathroom
storage room
shower
electric boat lift
fish cleaning station
covered dock area
wide stairs
Listing Agency:
Staples Sotheby's International Realty
(903) 630-4321
Listed By:
Mimi Burch · License #0620107
(903) 391-6400
Added: Feb 28, 2025
Changed: Jul 23
Last Checked: Aug 4 at 7:06PM
MLS# 25003037
Copyright © 2026 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Waterfront land on Lake Palestine featuring a recently built boathouse and bulkhead, described as accessible all the way to the water. The property includes approximately 324 feet of shoreline, a cul-de-sac location, and established trees. The boathouse offers an air-conditioned room with a sink, refrigerator, and microwave, plus a covered area for protection from sun and rain.
Additional on-site improvements include a portable bathroom with air conditioning and an enclosed septic tank, a bonus storage room with a shower for rinsing off after time on the water, a one-slip electric lift, and a fish cleaning station. A dock and wide stairs lead down to the water.
The listing notes water and electric are provided, with the inlet described as Cobb’s Inlet and trees across the water referenced as a pine forest view.
Additional on-site improvements include a portable bathroom with air conditioning and an enclosed septic tank, a bonus storage room with a shower for rinsing off after time on the water, a one-slip electric lift, and a fish cleaning station. A dock and wide stairs lead down to the water.
The listing notes water and electric are provided, with the inlet described as Cobb’s Inlet and trees across the water referenced as a pine forest view.
Key Highlights
- 1.86‑acre Lake Palestine waterfront lot with 324 ft of shoreline on Cobb's Inlet
- Boathouse plus bulkhead; property extends all the way to the water (unusual for Lake Palestine)
- Boathouse features an air‑conditioned room with sink, refrigerator, and microwave
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 75763, TX
5,663
Population
2,958
Households
1.9
Avg Household Size
49
Median Age
22%
College-Educated
93%
High-School Grad
108.3 sq mi
ZIP Area
52
Density / Sq Mi
$62,522
Median Household Income
$39,621
Median Earnings
$1,043
Median Rent
$152,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront lot on Lake Palestine with a recently built boathouse, bulkhead, and one-slip electric lift.
Where is this waterfront land located?
The property is located at 11524 & 11536 Drake's Landing Frankston, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1.86‑acre Lake Palestine waterfront lot with 324 ft of shoreline on Cobb's Inlet; Boathouse plus bulkhead; property extends all the way to the water (unusual for Lake Palestine); Boathouse features an air‑conditioned room with sink, refrigerator, and microwave
