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    Frankston, TX Waterfront Land for Sale

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    Palestine, TX Poynor, TX Larue, TX
    18 listings
    Private Waterfront Land Parcel
    $995,000
    22.38 Acres
    Private Waterfront Land Parcel

    FM 3506, Frankston, TX 75763

    Wooded acreage on Lake Palestine with a spring-fed creek and waterfront views for a private home site or recreation getaway.
    • 22.38‑acre wooded tract on Caney Bay at Lake Palestine with lake frontage (lake front/waterfront).
    • Spring‑fed creek runs through the property.
    • Mature pines and hardwoods across the acreage.
    • Property includes a current wildlife program that could be continued, plus deer, fox, and waterfowl noted on site.
    • Elevated home setting overlooking the water.
    Updated: Jun 5
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    Waterfront Lot with Boathouse
    $275,000
    1.86 Acres
    Waterfront Lot with Boathouse

    11524 Drakes Landing, Frankston, TX 75763

    Cobb's Inlet waterfront property with extensive shoreline, a new boathouse, and utilities in place for lake living.
    • 1.86‑acre lakefront lot on Lake Palestine with 324' of shoreline on Cobb's Inlet
    • Recently built boathouse plus bulkhead, with an air‑conditioned room, sink, refrigerator, and microwave
    • Boathouse includes a one‑slip electric lift and covered area, with fishing access from the dock
    • On‑site portable bathroom with air conditioning and enclosed septic tank
    • Boat slip, fish cleaning station, and bonus storage room with a shower for rinsing after lake activities
    Updated: May 29
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    Waterfront Recreational Land Acreage
    $2,000,000
    42.53 Acres
    Waterfront Recreational Land Acreage

    Wooded lakeside acreage with mature timber, a spring-fed creek, and private, elevated home sites near town.

    FM-3506, Frankston, TX 75763

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    Waterfront Buildable Lot
    $399,000
    0.24 Acres
    Waterfront Buildable Lot

    Build on bulk-headed Lake Palestine shoreline in a quiet restricted subdivision with utilities at the road and private boat ramp.

    22451 Cherry Lane, Frankston, TX 75763

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    Recreation Land with Spring-Fed Lake
    $1,545,500
    141.71 Acres
    Recreation Land with Spring-Fed Lake

    Wooded acreage with a spring-fed lake, hilltop sites, and direct access for fishing, hunting, and outdoor recreation.

    An County Road 314, Frankston, TX 75763

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    Waterfront Residential Lot
    $400,000
    1.09 Acres
    Waterfront Residential Lot

    Waterfront lot with ample space for building a personal retreat or primary home near lakefront recreation.

    STEVENSON RD lot: Tr 5B, Frankston, TX 75763

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    Three Adjacent Lakefront Lots
    $105,000
    0.47 Acres
    Three Adjacent Lakefront Lots

    Three adjoining lakefront lots with direct lake access and water views, offering room to plan a custom build.

    Bayside Dr, Frankston, TX 75763

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    Waterfront Residential Lot
    $399,000
    0.24 Acres
    Waterfront Residential Lot

    Build-ready waterfront lot with bulk-headed shoreline, deep open water, and utilities available at the road.

    22451 Cherry, Frankston, TX 75763

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    Fenced Ranch Land with Ponds
    $995,000
    73.90 Acres
    Fenced Ranch Land with Ponds

    Seventy-four-acre fenced tract with three ponds, gated highway access, and a cattle corral for agricultural or homesite use.

    Hwy. 155 & CR 435, Frankston, TX 75763

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    Waterfront Land with Open-Water Views
    $399,000
    2.37 Acres
    Waterfront Land with Open-Water Views

    Waterfront acreage with a gentle entry to the water and unobstructed open-water views across the lake.

    7830 FM 3506, Frankston, TX 75763

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    Waterfront Land with Boathouse
    $275,000
    1.86 Acres
    Waterfront Land with Boathouse

    Waterfront lot with a recently built, air-conditioned boathouse, bulkhead, and direct dock access on Lake Palestine.

    11524 & 11536 Drake's Landing, Frankston, TX 75763

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    Wooded Waterfront Corner Lot
    $55,000
    4.28 Acres
    Wooded Waterfront Corner Lot

    Corner lot in a private, no-wake lake community for building a home with lake access and a wooded setting.

    AN COUNTY ROAD 319, Frankston, TX 75763

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    Level Pasture Land for Small Ranch
    $159,900
    3.13 Acres
    Level Pasture Land for Small Ranch

    A rare, private farmland opportunity near Lake Palestine with electricity already available for building.

    Lt 1 0 TBD FM 1892, Frankston, TX 75763

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    Waterfront-Access Land Opportunity
    Contact for pricing
    0.17 Acres
    Waterfront-Access Land Opportunity

    Wooded lots near Lake Palestine offer flexible options for building a retreat or primary residence.

    Forest Hill Drive, Frankston, TX 75763

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    Wooded Waterfront Corner Lot
    $55,000
    4.28 Acres
    Wooded Waterfront Corner Lot

    Build a personal retreat on a wooded corner lot within a private no-wake lake community.

    Anderson County Rd. 319, Frankston, TX 75763

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    Wooded Lake-Access Land
    Contact for pricing
    0.20 Acres
    Wooded Lake-Access Land

    Three-lot wooded parcel near Lake Palestine, offering flexible options for a cabin, retreat, or home in a quiet area.

    Forest Hill. Drive, Frankston, TX 75763

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    Lake Community Homesite Lot
    $70,000
    1.00 Acre
    Lake Community Homesite Lot

    One-acre homesite in a private lake subdivision with mature trees and easy access to community recreation.

    PR 7009, Frankston, TX 75763

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    Waterfront Land Lots Available
    $119,900
    Waterfront Land Lots Available

    Multiple lots available in new waterfront development.

    Lot 72A Oak St, Frankston, TX 75763

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Frankston, TX

    Frankston, TX Waterfront Land Investment Opportunities Market Analysis

    Explore 18 waterfront land for sale in Frankston, TX, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $8,189,200.

    Sale prices for water rights properties in Frankston, TX start at $23,000, averaging $454,955, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 35
    Agricultural land / Farmland 28
    Waterfront Land 18
    Recreation land 11
    Commercial land 4

    Demographics Overview

    Population 6,319
    Population Growth (5Y) -2.2%
    Median Household Income $62,522
    College Educated 30.1%

    High-Yield Neighborhoods for Investment

    Identify Frankston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    75763 $138K

    Taxes & Financing

    Tax Rate (average for all types) 1.74%
    Property Tax per SF $26.53 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Anderson County

    New Delisted

    Total CRE Inventory on Market (SF)

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