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    11524 & 11536 Lndg Drake's Frankston, TX 75763

    For Sale
    $299,999

    Residential - Frankston, TX

    Lot size:
    1.86 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 11524 & 11536 Lndg Drake's

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    1.86 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Staples Sotheby's International Realty (903) 876-1051 [email protected]

    Listing agent Mimi Burch (903) 876-1051 License #0620107

    Listing date Oct 18, 2025

    MLS# 25003037 Listing URL

    Copyright © 2025 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.

    Overview

    Waterfront Lot with Boathouse

    This 1.86-acre waterfront lot is located in a quiet neighborhood outside Frankston on Lake Palestine. Situated on Cobb's Inlet, the property includes ownership extending to the water. The lot features established trees and a recently constructed boathouse and bulkhead, offering 324 feet of shoreline. The boathouse includes an air-conditioned room equipped with a sink, refrigerator, and microwave. A storage room is available for lake toys and includes a shower. The boathouse also features a one-slip electric lift, a fish cleaning station, and a covered area. Wide stairs lead down to the water, providing access for fishing. The property has water and electric services provided. A portable bathroom with air conditioning and an enclosed septic tank is on-site. The view overlooks a pine forest across the water. The property is located in a cul-de-sac.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Frankston
    County
    Anderson
    State
    Texas
    Longitude
    -95.5543
    Latitude
    32.0056

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    FAQs

    What type of property is this?
    Residential land & home lot - 1.86 acre waterfront lot on Lake Palestine with boathouse.
    Where is this residential land & home lot located?
    The property is located at 11524 & 11536 Lndg Drake's Frankston, TX.
    What is the asking price?
    The asking price for this property is $299,999.
    What are key features of this property?
    This property features: - 1.86 acre waterfront lot on Lake Palestine with 324' of shoreline, offering direct water ownership.; - Recently built boathouse with air-conditioned room (sink, refrigerator, microwave), storage, shower, and portable bathroom with enclosed septic tank.; - Boathouse includes a one-slip electric lift, fish cleaning station, and covered area for sun\/rain protection.
    (903) 876-1051
    Request Owner's contact information
    11524 & 11536 Lndg Drake's 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
    11524 & 11536 Lndg Drake's Frankston, TX 75763
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