Waterfront

Frankston, TX Waterfront Land for Sale

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Mixed Timber and Pasture Farmland
Updated: Jun 12
Mixed Timber and Pasture Farmland

County Road 305, Frankston, TX 75763

$649,000
58.81 AC lot
58.81‑acre agricultural tract with mixed timber and pasture
47 acres of mixed pine and hardwood forest
12 acres of open pasture
Two road access points on CR 3055 and CR 3051
1 mile from Hwy 175 and 2 miles from Frankston
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Wooded Waterfront Land
Updated: Jul 10
Wooded Waterfront Land

FM 3506, Frankston, TX 75763

$995,000
22.38 AC lot
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
Spring‑fed creek and elevated land overlooking the water
Wildlife program currently in place, with timber management noted
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Lakefront Wooded Land
Lakefront Wooded Land

FM-3506, Frankston, TX 75763

$2,000,000
42.53 AC lot

Wooded waterfront acreage on Lake Palestine with a spring-fed creek and potential for multiple elevated home sites.

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Wooded Waterfront Land Parcel
Wooded Waterfront Land Parcel

7631 Forest Hill Drive, Frankston, TX 75763

Contact for pricing
7,187 sqft

Wooded lot with tree coverage in an established neighborhood, offering nearby lake and public boat ramp access.

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Waterfront Land with Spring-Fed Lake
Waterfront Land with Spring-Fed Lake

An County Road 314, Frankston, TX 75763

$1,545,500
141.71 AC lot

Wooded acreage includes hilltop building sites and direct gravel-road access to the water.

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Aviation Parcel with Lake Access
Aviation Parcel with Lake Access

Loop Dr, Frankston, TX 75763

$135,000
0.50 AC lot

Aviation parcel with shared lakefront amenities and access to a grass runway.

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Wooded Lake-Access Land
Wooded Lake-Access Land

Forest Hill Drive, Frankston, TX 75763

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0.20 AC lot

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

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Wooded Waterfront Land
Wooded Waterfront Land

000 FM-3506, Frankston, TX 75763

$2,000,000

Mixed-zoning wooded tract with elevated sites overlooking the water and a spring-fed creek.

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Wooded Lake-Access Residential Lot
Wooded Lake-Access Residential Lot

7631 Forest Hill Drive, Frankston, TX 75763

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0.17 AC lot

A tree-covered lot in an established neighborhood with convenient access to Lake Palestine and a public boat ramp.

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Recreational Land with Fishing Access
Recreational Land with Fishing Access

An County Road 3194, Frankston, TX 75763

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5.00 AC lot

This tract offers fishing lake access and a creek bordering its rear edge.

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Deep-Water Waterfront Land
Deep-Water Waterfront Land

Lot 42 Oak St, Frankston, TX 75763

$249,900

Waterfront parcel within a gated lakefront development with access to a private boat ramp and community park.

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Recreation Land with Creek
Recreation Land with Creek

County Road 3194, Frankston, TX 75763

$55,000
15.00 AC lot

Fifteen-acre tract offering fishing lake access and a creek along the rear boundary.

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Land, Frankston, TX
Land, Frankston, TX

22451 Cherry Lane, Frankston, TX 75763

$314,100
0.24 AC lot

Waterfront Land · 0.24 Acres

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North-Facing Waterfront Land
North-Facing Waterfront Land

23525 County Road 4117, Frankston, TX 75763

$239,000

North-facing waterfront parcel with Lake Palestine views and a previously installed septic system of unverified condition.

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Lakefront Land Parcel
Lakefront Land Parcel

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

$400,000
1.09 AC lot

Lake Palestine frontage with water available supports a private lakeside setting near Tyler amenities.

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Land, Frankston, TX
Land, Frankston, TX

22451 Cherry, Frankston, TX 75763

$314,100
0.24 AC lot

Waterfront Land · 0.24 Acres

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Waterfront Land with Woodlands
Waterfront Land with Woodlands

000 Fm-3506, Frankston, TX 75763

$2,000,000

Private wooded acreage along Caney Bay offers elevated lake views, a spring-fed creek, and multiple potential homesites.

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Land, Frankston, TX
Land, Frankston, TX

An County Road 437, Frankston, TX 75763

$356,250
28.50 AC lot

Agricultural land / Farmland · 28.50 Acres

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Land
Land

Lot 106 Oak St, Frankston, TX 75763

$419,900

Waterfront Land

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Land, Frankston, TX
Land, Frankston, TX

Bayside Dr, Frankston, TX 75763

$105,000
0.47 AC lot

Waterfront Land · 0.47 Acres

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Waterfront Land with Lake Views
Waterfront Land with Lake Views

Lot 52 Oak St, Frankston, TX 75763

$79,900

Waterfront parcels offer lake views, boat house lots, and access to shared community amenities.

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Wooded Hunting Land
Wooded Hunting Land

ACR 335, Frankston, TX 75763

$959,140
147.50 AC lot

Heavily wooded tract with a central creek, river frontage, and county-road access.

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Lake-Adjacent Residential Lot
Lake-Adjacent Residential Lot

TBD Lot 1 Brierwood Drive, Frankston, TX 75763

Contact for pricing

Residential land lot near Lake Palestine with a quiet, established setting and nearby access to utilities and paved roads.

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Waterfront Land with Private Lake
Waterfront Land with Private Lake

CR 314, Frankston, TX 75763

$1,545,500
141.70 AC lot

Wooded acreage includes a spring-fed lake, hilltop building sites, and direct waterfront access.

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Frankston, TX Waterfront Land Market Trends and Statistics

Explore 34 waterfront land for sale in Frankston, TX, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 33,252,179 square feet of properties for sale, with an estimated market value of $18,129,788.

Sale prices for water rights properties in Frankston, TX start at $49,999, averaging $625,165, 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 66
Agricultural land / Farmland 31
Waterfront Land 26
Recreation land 13
Hunting land 8

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 $594.2K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Anderson County

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