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    21431 Stevenson Rd Frankston, TX 75763

    For Sale
    $389,000

    Residential - Frankston, TX

    Lot size:
    0.59 Acres
    Days on Market:
    312
    Last Refresh:
    Dec 12 at 11:06 am

    Property Features for 21431 Stevenson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.59 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Showcase Realty (903) 561-2221 [email protected]

    Listing agent Caleb Latson (903) 561-2221 License #0744081

    Listing date Feb 4, 2025

    MLS# 25001684 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

    Lake Palestine Lot with Boathouse

    This residential lot, one of the last unbuilt in its Lake Palestine community, offers immediate lake access with a custom-built boathouse already in place. The property, situated within a quiet, secluded lake community featuring high-end custom homes, is accessible via a single entry and exit road. Located near Tyler, Texas, the lot spans 0.59 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Storage Facility Travel Agency Bed & Breakfast Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frankston
    County
    Anderson
    State
    Texas
    Longitude
    -95.497889
    Latitude
    32.128923

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    FAQs

    What type of property is this?
    Residential land & home lot - Unbuilt lot in lake community with custom boathouse on Lake Palestine.
    Where is this residential land & home lot located?
    The property is located at 21431 Stevenson Rd Frankston, TX.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - Waterfront property on Lake Palestine.; - Includes a custom-built boathouse for immediate lake access.; - Located in a quiet, exclusive lake community.
    (903) 561-2221
    Request Owner's contact information
    21431 Stevenson Rd 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
    21431 Stevenson Rd Frankston, TX 75763
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