Waterfront Land With Dock
For Sale
$275,000
Pending
11524 Drakes Landing, Frankston, TX 75763
LAND - Frankston, TX
Property SizeContact for details
Lot Size1.86 Acres
Days on Market21
Property Features for 11524 Drakes Landing
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
Exterior features
BoatSlip
Subdivision
Lakeside Estate
Lot features
Many Trees, Subdivision, Waterfront, Retaining Wall, Sloped
Elementary school
Frankston
Middle school
Frankston
High school
Frankston
Elementary school district
Frankston ISD
Middle school district
Frankston ISD
High school district
Frankston ISD
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. sign is on lot designated for septic. Turn right onto Drake's Landing (through stone entrance) Second sign on waterfront lots.
Standard status
Pending
APN
32910001001087
Lot size
1.86 Acres
Taxes and HOA fees
Tax Description
TR 1 AB 7 J FERGUSON SUR, LAKESIDE ESTATES LT
Tax Annual Amount
831
Legal Description
TR 1 AB 7 J FERGUSON SUR, LAKESIDE ESTATES LT
Utilities
Water front features
Lake Front, Waterfront
Water front
1
Listing Agency:
Staples Sotheby's International Realty LLC
(903) 630-4321
Listed By:
Mimi Burch · License #0620107
(903) 876-1051
Added: Jul 15
Changed: Aug 2
Last Checked: Aug 4 at 7:06PM
MLS# 20861082
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 1.86-acre waterfront lot sits on Lake Palestine on Cobb's Inlet, offering ownership all the way to the water and 324' of shoreline. The property is positioned on a cul de sac and features towering established trees.
A recently built boathouse and bulkhead add practical lake living. The boathouse includes an air-conditioned room with a sink, refrigerator, and microwave, plus a covered area for protection from the sun and rain. There is also a one-slip electric lift, a fish cleaning station, and wide stairs leading down to the water and dock.
On-site convenience features include a portable bathroom with air conditioning and an enclosed septic tank, along with a bonus storage room for lake toys that includes a shower for rinsing off. Water and electric are provided, with the expectation that you would bring your new house plans if you choose to build.
A recently built boathouse and bulkhead add practical lake living. The boathouse includes an air-conditioned room with a sink, refrigerator, and microwave, plus a covered area for protection from the sun and rain. There is also a one-slip electric lift, a fish cleaning station, and wide stairs leading down to the water and dock.
On-site convenience features include a portable bathroom with air conditioning and an enclosed septic tank, along with a bonus storage room for lake toys that includes a shower for rinsing off. Water and electric are provided, with the expectation that you would bring your new house plans if you choose to build.
Key Highlights
- 1.86‑acre waterfront lot on Lake Palestine on Cobb's Inlet
- 324' of shoreline with ownership all the way to the water
- Cul de sac location with towering established trees
Property Analytics
Property Profile
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 dock access from a covered slip.
Where is this waterfront land located?
The property is located at 11524 Drakes 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 waterfront lot on Lake Palestine on Cobb's Inlet; 324' of shoreline with ownership all the way to the water; Cul de sac location with towering established trees
