Aviation Parcel with Lake
For Sale
$135,000
Loop Dr, Frankston, TX 75763
Land, Frankston, TX
Property SizeContact for details
Lot Size0.50 Acres
Days on Market132
Property Features for Loop Dr
General Information
Property type
Land
Property subtype
Other
Security features
Security
Subdivision
Aero Estates Airpark
Lot features
Corner Lot, Subdivision, Rectangular Lot
Elementary school
Frankston
Middle school
Frankston
High school
Frankston
Directions
From Tyler, travel South from Toll 49 and SH 155, drive 13 miles, turn left onto CR 4117 continue to the North side of Aero Estates. Enter the perimeter road at the community mail center, turn left driving till you see sign on right. The lot is on the corner of Loop Dr and Wingover Dr.
Standard status
Active
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
AB 7 J Ferg Sur, Aero Estates Subd Unit V, Lt 150
Tax Annual Amount
461
HOA Fee
$600 Annually
Legal Description
AB 7 J Ferg Sur, Aero Estates Subd Unit V, Lt 150
Listing Agency:
Berkshire Hathaway HomeServices Premier Properties
(903) 596-6229
Listed By:
Gayla Leary · License #0599246
(903) 657-3535
Added: Apr 15
Changed: Aug 20
Last Checked: Aug 24 at 12:06AM
MLS# 26005354
Copyright © 2026 Greater Tyler Association of Realtors. 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 0.5-acre aviation property is part of an established aviation community founded in 1984. The setting includes a maintained grass runway measuring 3,100 feet long and 60 feet wide, supporting takeoffs and landings within the community. The property is associated with shared lakefront amenities on Lake Palestine, including two boat docks, a beach, picnic tables, and a tree-lined shoreline.
The community also includes an active EAA Chapter and hosts an annual fly-in each May. Located on Loop Dr in Frankston, Texas, the property combines an aviation-oriented setting with access to lakefront recreational features.
The community also includes an active EAA Chapter and hosts an annual fly-in each May. Located on Loop Dr in Frankston, Texas, the property combines an aviation-oriented setting with access to lakefront recreational features.
Key Highlights
- 0.5‑acre aviation property in a community established in 1984
- 3,100‑foot‑long by 60‑foot‑wide maintained grass runway
- Shared Lake Palestine frontage with two boat docks and a beach
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
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
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Frequently Asked Questions
What type of property is this?
Aviation real estate - Aviation parcel with shared lakefront amenities and access to a grass runway.
Where is this aviation real estate located?
The property is located at Loop Dr Frankston, TX.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 0.5‑acre aviation property in a community established in 1984; 3,100‑foot‑long by 60‑foot‑wide maintained grass runway; Shared Lake Palestine frontage with two boat docks and a beach
