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    155 Tract 3 Hwy Frankston, TX 75763

    For Sale
    $583,333

    Unimproved Land - Frankston, TX

    Type:Unimproved Land
    Lot size:
    35.00 Acres
    Days on Market:
    480
    Last Refresh:
    Dec 13 at 2:06 am

    Property Features for 155 Tract 3 Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    208295
    Lot size
    35.00 Acres

    Building Details

    Architectural style
    Other

    Benchmark Real Estate Services (903) 677-3819

    Listing agent Courtney Robertson (903) 677-3819 License #0636078

    Listing date Aug 21, 2024

    MLS# 20707401 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

    Land with Highway Frontage

    This 35-acre property presents investment potential for either holding or developing for commercial use, benefiting from its proximity to Frankston, Tyler, and Lake Palestine. It features substantial road frontage on SH 155. Currently utilized as a timber investment, the land has a stand of pine timber that has undergone thinning as part of a management plan. A strategy of buying and holding could incorporate timber management, offering future harvest income while maintaining its value as a potential commercial property. This property is one of 21 individual tracts, ranging from 20 to 94.5 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Frankston
    County
    Anderson
    State
    Texas
    Longitude
    -95.49287951
    Latitude
    32.099206

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    FAQs

    What type of property is this?
    Land - Unimproved land with investment and commercial potential near Frankston, TX.
    Where is this land located?
    The property is located at 155 Tract 3 Hwy Frankston, TX.
    What is the asking price?
    The asking price for this property is $583,333.
    What are key features of this property?
    This property features: - Significant road frontage on SH 155; - Investment potential for buy and hold or commercial development; - Existing pine timber stand with prior thinning
    (903) 677-3819
    Request Owner's contact information
    155 Tract 3 Hwy 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

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    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
    155 Tract 3 Hwy Frankston, TX 75763
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