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Waterfront Wooded Land with Creek

FM 3506 Frankston, TX 75763

FM 3506, Frankston, TX, 75763
$995,000
For Sale
$995,000

LAND - Frankston, TX

Lot Size22.38 Acres
Days on Market46

Property Features for FM 3506

General Information

Property type
Land
Property subtype
Other
Vegetation
Wooded
Standard status
Active
APN
312623
Lot size
22.38 Acres

Taxes and HOA fees

Tax Description
TR 19B-4 AB 5 M Cortinas SUR, part of TR19B1
Tax Annual Amount
67

Utilities

Water front features
Waterfront, Lake Front
Water front
1
Listing Agency Staples Sotheby's International Realty LLC
Frankston, TX
Listed by Mimi Burch · License #0620107
Added: Jun 5 Updated: Jul 10 at 10:38 pm Checked: Jul 20 at 4:06 pm
MLS# 20583366 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.

Waterfront land totaling 22.38 private acres on Caney Bay at Lake Palestine. The property is wooded with mature pines and hardwoods, and includes a spring-fed creek that helps create a secluded feel. There is also an elevated portion of the land that overlooks the water, suited for a home setting.

The acreage is described as minutes from town, offering a balance between privacy and access. Wildlife activity is present, including deer, fox, and waterfowl. A wildlife program is currently in place and could be continued, and timber management is also referenced.

The tract is presented as suitable for recreational use as well, including the option to build a boathouse and a getaway cabin in the woods.

Key Highlights

  • 22.38 private, wooded acres on Caney Bay at Lake Palestine with lake frontage (Lake Front/Waterfront).
  • Mature pines and hardwoods with a spring‑fed creek on the property.
  • Elevated home site overlooking the water.

Property Analytics

Location Intelligence

Current Use by Public Records

Waterfront Land

FAQs

What type of property is this?
Waterfront Land - 22.38 acres of wooded waterfront property at Caney Bay on Lake Palestine with a spring-fed creek running through the land.
Where is this waterfront land located?
The property is located at FM 3506 Frankston, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 22.38 private, wooded acres on Caney Bay at Lake Palestine with lake frontage (Lake Front/Waterfront).; Mature pines and hardwoods with a spring‑fed creek on the property.; Elevated home site overlooking the water.
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