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94.5 Acres Wooded Land Tract

7 County Road 4221, Frankston, TX 75763

For Sale
$939,236

Land tract near Lake Palestine and Tyler, Texas.

Property Size4,116,420 SF
Lot Size94.50 Acres
Price / SF$0.23
Days on Market821

Property Features for 7 County Road 4221

General Information

Standard status Active
Size 4,116,420 SF
Lot size 94.50 Acres
Property subtype Lots & Acreage / Unimproved Land
Listing Agency: RE/MAX Benchmark
Listed By: Courtney Robertson · License TX #0636078
Source: Compass
Added: Aug 14, 2024 Changed: Nov 12 Last Checked: Jul 16 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Benchmark

Rey
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Investment Insights

Based on property information with market context.

This tract is estimated to be approximately 94.5 acres with frontage along CR 4222 & CR 4221. It is densely wooded with mature plantation Pine and occasional large homestead Oak trees. The tract has rolling terrain with elevation ranging from an approximate low of 380' ASL to an approximate high of 400' ASL. The combination of these features as well as the close proximity to Lake Palestine and the City of Tyler make this a unique tract for homesite development. A buy and hold plan could implement timber management with future harvest income and still hold value as a very desirable home-site tract with some commercial potential. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.

Key Highlights

  • 94.5 acre tract suitable for homesite development.
  • Close proximity to Lake Palestine and the City of Tyler.
  • Mature plantation pine and scattered homestead Oak trees.

Property Analytics

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Suggested Use

Top Pick Pet Store Food Market Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Frankston

Jul
Aug
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Frequently Asked Questions

What type of property is this?
Land - Land tract near Lake Palestine and Tyler, Texas.
Where is this land located?
The property is located at 7 County Road 4221 Frankston, TX.
What is the asking price?
The asking price for this property is $939,236.
What are key features of this property?
This property features: 94.5 acre tract suitable for homesite development.; Close proximity to Lake Palestine and the City of Tyler.; Mature plantation pine and scattered homestead Oak trees.
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