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    Frankston, TX
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    Frankston, TX Waterfront Land for Sale

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    25 properties
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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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    Aviation Parcel with Lake Access
    Updated: Apr 15
    Aviation Parcel with Lake Access

    Loop Dr, Frankston, TX 75763

    $135,000
    0.50 AC lot
    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
    Tree‑lined lakefront area with picnic tables
    Active EAA Chapter and annual May fly‑in
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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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    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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    Wooded Lake-Access Land
    Wooded Lake-Access Land

    Forest Hill Drive, Frankston, TX 75763

    Contact for pricing
    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 Lake-Access Residential Lot
    Wooded Lake-Access Residential Lot

    7631 Forest Hill Drive, Frankston, TX 75763

    Contact for pricing
    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

    Contact for pricing
    5.00 AC lot

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

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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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    Land, Frankston, TX
    Land, Frankston, TX

    FM 3506, Frankston, TX 75763

    $995,000
    22.38 AC lot

    Waterfront Land · 22.38 Acres

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    Land, Frankston, TX
    Land, Frankston, TX

    FM-3506, Frankston, TX 75763

    $2,000,000
    42.53 AC lot

    Waterfront Land · 42.53 Acres

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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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    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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    Waterfront Land with Boathouse
    Waterfront Land with Boathouse

    21431 Stevenson Road, Frankston, TX 75763

    $389,000

    Unbuilt waterfront lot on Lake Palestine with a custom boathouse already in place for immediate lake enjoyment.

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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 Aviation Community Lot
    Waterfront Aviation Community Lot

    Lot 166 Kitty Hawk Drive, Frankston, TX 75763

    $85,000

    Residential land lot in an aviation community with access to a grass airstrip and shared waterfront amenities.

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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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    Land
    Land

    LOT TR 5B Stevenson Rd, Frankston, TX 75763

    $400,000

    Waterfront Land

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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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    Waterfront Recreational Land
    Waterfront Recreational Land

    ACR 314, Frankston, TX 75763

    $1,545,500
    141.71 AC lot

    Wooded acreage includes a spring-fed lake, hilltop building sites, hunting opportunities, and direct ranch-road access to the water.

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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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    Land, Frankston, TX
    Land, Frankston, TX

    22221 Brierwood Dr, Frankston, TX 75763

    $89,000
    0.29 AC lot

    Waterfront Land · 0.29 Acres

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    Wooded Waterfront Land
    Wooded Waterfront Land

    Anderson County Rd. 319, Frankston, TX 75763

    $49,999
    4.28 AC lot

    Wooded corner tract with lake access, a boat slip, and a community commons area.

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    Frankston, TX Waterfront Land Market Trends and Statistics

    Explore 25 waterfront land for sale in Frankston, TX, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 31,723,397 square feet of properties for sale, with an estimated market value of $11,864,838.

    Sale prices for water rights properties in Frankston, TX start at $49,999, averaging $593,241, 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 30
    Waterfront Land 18
    Recreation land 9
    Commercial 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 $560.5K

    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)

    How Realmo verifies these figures

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    • 75763

    Featured Frankston Real Estate Agencies

    Realmo connects you with licensed Frankston CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Staples Sotheby's International Realty
    7500 State Hwy 155 Frankston, TX 75763
    Phone: (903) 876-1051
    www.staples-sothebysrealty.com/
    United Country Lake Palestine
    7500 Hwy 155 S Frankston, TX
    Phone: (903) 876-1051
    www.uclakepalestine.com
    Staples Sotheby's Intl Realty
    7500 State Hwy 155 Frankston, TX
    Phone: (903) 630-4321
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