Wooded Waterfront
For Sale
$995,000
FM 3506, Frankston, TX 75763
Land, Frankston, TX
Property SizeContact for details
Lot Size22.38 Acres
Days on Market56
Property Features for FM 3506
General Information
Property type
Land
Property subtype
Other
Zoning description
Mixed, rural, waterfront, residential
Vegetation
Wooded
Subdivision
Rural
Lot features
Acreage, Rolling Slope, Many Trees, Waterfront
Elementary school
Brownsboro
Middle school
Brownsboro
High school
Brownsboro
Elementary school district
Brownsboro ISD
Middle school district
Brownsboro ISD
High school district
Brownsboro ISD
Directions
From Tyler Loop 323 take Hwy 155 south to FM 3506 in Coffee City. Turn right on 3506. Property is approximately 2.9 mileson the right. SIY
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
Legal Description
TR 19B-4 AB 5 M Cortinas SUR, part of TR19B1
Utilities
Water front features
Waterfront, Lake Front
Water front
1
Listing Agency:
Staples Sotheby's International Realty LLC
(903) 630-4321
Listed By:
Mimi Burch · License #0620107
(903) 876-1051
Added: Jul 10
Changed: Aug 22
Last Checked: Sep 3 at 11:06PM
MLS# 20583366
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.
This 22.38-acre waterfront tract along Caney Bay at Lake Palestine combines wooded terrain with mature pines and hardwoods. A spring-fed creek crosses the property, while an elevated section provides a home setting with views toward the water. The land is described as private and secluded, with wildlife including deer, fox, and waterfowl.
Located on FM 3506 in Frankston, Texas, the property offers lake frontage and access to a setting near town. A wildlife program is currently in place and may be continued, along with timber management. The tract also supports recreational concepts described in the source information, including a boathouse and getaway cabin.
Located on FM 3506 in Frankston, Texas, the property offers lake frontage and access to a setting near town. A wildlife program is currently in place and may be continued, along with timber management. The tract also supports recreational concepts described in the source information, including a boathouse and getaway cabin.
Key Highlights
- 22.38 acres of wooded waterfront land
- Waterfront and lake‑front features on Caney Bay at Lake Palestine
- Mature pine and hardwood trees across the property
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Waterfront Land - Lakeside acreage with mature trees, a spring-fed creek, and land suited to residential or recreational use.
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 acres of wooded waterfront land; Waterfront and lake‑front features on Caney Bay at Lake Palestine; Mature pine and hardwood trees across the property
