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Waterfront Lot with Boathouse

11524 Drakes Landing Frankston, TX 75763

New
11524 Drakes Landing, Frankston, TX, 75763
$275,000
Pending
For Sale
$275,000
Pending

LAND - Frankston, TX

Lot Size1.86 Acres
Days on Market6

Property Features for 11524 Drakes Landing

General Information

Property type
Land
Property subtype
Other
Exterior features
BoatSlip
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

Utilities

Water front features
Lake Front, Waterfront
Water front
1
Listing Agency Staples Sotheby's International Realty LLC
Frankston, TX
Listed by Mimi Burch · License #0620107
Added: Jul 15 Checked: Jul 20 at 9:06 am
MLS# 20861082 Listing URL

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.

Offered for sale is a 1.86-acre waterfront lot on Cobb’s Inlet with approximately 324 feet of shoreline, giving owners access all the way to the water. The property is positioned on a cul de sac and includes established, towering trees that help create a private setting. A recently built boathouse and bulkhead are already in place, designed for year-round enjoyment.

The boathouse includes an air-conditioned room with a sink, refrigerator, and microwave, plus a covered area for protection from sun and rain. There is also a fish cleaning station and a dock setup with wide stairs leading down to the water. For longer stays, a portable bathroom on site is provided with air conditioning and enclosed septic tank, along with a bonus storage room featuring a shower to rinse off after time on the lake. Water and electric are provided.

With utilities and substantial lake improvements already included, this is a strong fit for buyers looking to build a primary home at the water’s edge while keeping the convenience of an outfitted boathouse and one-slip electric lift. The established treeline and open water views across the lake create an attractive, low-friction foundation for planning life on Lake Palestine.

Key Highlights

  • 1.86‑acre lakefront lot on Lake Palestine with 324' of shoreline on Cobb's Inlet
  • Recently built boathouse plus bulkhead, with an air‑conditioned room, sink, refrigerator, and microwave
  • Boathouse includes a one‑slip electric lift and covered area, with fishing access from the dock

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Waterfront Land

FAQs

What type of property is this?
Waterfront Land - Cobb's Inlet waterfront property with extensive shoreline, a new boathouse, and utilities in place for lake living.
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 lakefront lot on Lake Palestine with 324' of shoreline on Cobb's Inlet; Recently built boathouse plus bulkhead, with an air‑conditioned room, sink, refrigerator, and microwave; Boathouse includes a one‑slip electric lift and covered area, with fishing access from the dock
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