Waterfront Recreational Land
FM-3506 Frankston, TX 75763
FM-3506, Frankston, TX, 75763
$2,000,000
For Sale
$2,000,000
LAND - Frankston, TX
Lot Size42.53 Acres
Days on Market107
Property Features for FM-3506
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 312623
- Lot size
- 42.53 Acres
Taxes and HOA fees
- Tax Description
- TR 19B 1,3,4 & 5 AB 5 M CortinasSUR
- Tax Annual Amount
- 205
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: Apr 6 Updated: Jul 10 at 10:38PM Checked: Jul 21 at 9:06PM
MLS# 21001199
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 42.53-acre waterfront tract features mature pines and hardwoods, with a spring-fed creek running through the property. The land is heavily wooded and includes an elevated portion offering several possible home sites with views over the water. The setting is designed for privacy, while still providing a natural, functional landscape for both personal use and ongoing land stewardship.
Located on Caney Bay at Lake Palestine near Frankston, TX, the property provides a secluded feel while remaining minutes from town. Wildlife is active throughout the tract, with deer, fox, and a multitude of waterfowl commonly using the land. A current wildlife program is in place and could be continued, and the property also supports timber management.
For buyers looking for a lakeside woodland retreat, this acreage offers a strong fit for a private residence with multiple potential building locations oriented toward the water. It also works well for recreational use given the natural habitat, timber cover, and abundant wildlife presence. With timber management and wildlife programming already being utilized, the property is well suited for buyers who value both recreation and long-term land care.
Located on Caney Bay at Lake Palestine near Frankston, TX, the property provides a secluded feel while remaining minutes from town. Wildlife is active throughout the tract, with deer, fox, and a multitude of waterfowl commonly using the land. A current wildlife program is in place and could be continued, and the property also supports timber management.
For buyers looking for a lakeside woodland retreat, this acreage offers a strong fit for a private residence with multiple potential building locations oriented toward the water. It also works well for recreational use given the natural habitat, timber cover, and abundant wildlife presence. With timber management and wildlife programming already being utilized, the property is well suited for buyers who value both recreation and long-term land care.
Key Highlights
- 42‑acre private, wooded tract on Caney Bay at Lake Palestine
- Lake frontage with waterfront features listed as lake front and waterfront
- Mature pines and hardwoods throughout the property
Property Analytics
Location Intelligence
Current Use by Public Records
Waterfront Land
Similar For Sale Nearby
FAQs
What type of property is this?
Waterfront Land - Wooded lakeside acreage with mature timber, a spring-fed creek, and private, elevated home sites near town.
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 $2,000,000.
What are key features of this property?
This property features: 42‑acre private, wooded tract on Caney Bay at Lake Palestine; Lake frontage with waterfront features listed as lake front and waterfront; Mature pines and hardwoods throughout the property
