Frankston, TX Residential Land & Home Lots for Sale

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Updated: Jun 6

Wooded Land Tract with Development Potential

Tract 7 County Road 4221, Frankston, TX 75763

$939,236

94.50 AC lot

Approximately 94.5‑acre tract with frontage along CR 4222 and CR 4221
Densely wooded with mature plantation pine and scattered large homestead oak
Rolling terrain with elevation from about 380' to 400' ASL
Close proximity to Lake Palestine and the City of Tyler
Part of a larger offering of 21 individual tracts ranging from 20 to 94.5 acres

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Updated: Jun 7

Wooded Acreage Homesite Tract

Tract 11 County Road 4222, Frankston, TX 75763

$925,696

92.00 AC lot

Approximately 92‑acre tract with frontage along CR 4222
Densely wooded with mature plantation pine and scattered large homestead oaks
Rolling terrain with elevation ranging from approx. 430' to 490' ASL
Proximity to Lake Palestine and the City of Tyler noted in the remarks
Part of a larger offering of 21 individual tracts ranging from 20 to 94.5 acres

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Wooded Waterfront Land Parcel

ST HWY 155, Frankston, TX 75763

$426,400

11,608 sqft 26.65 AC lot

Wooded land with slight elevation changes, featuring HWY 155 frontage and access from CR 4104.

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Wooded Waterfront Land Parcel

7631 Forest Hill Drive, Frankston, TX 75763

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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

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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Waterfront-Access Land Opportunity

Forest Hill Drive, Frankston, TX 75763

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0.17 AC lot

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

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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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Residential Home-Building Lot

Lot 7 Berrycreek Circle, Frankston, TX 75763

$55,000

0.77 AC lot

A 0.77-acre lot in Frankston ISD, offered for sale for building a residence or investment property.

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Residential Vacant Lot Near Lake

23575 Three Points Drive, Frankston, TX 75763

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0.16 AC lot

Residential vacant lot near Lake Palestine in Frankston, Texas.

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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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Manufactured Home Friendly Lake Lots

00 Cutter Drive, Frankston, TX 75763

$40,000

Build or place a manufactured home in a lake-access subdivision with access to Lake Palestine.

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Wooded Acreage Homesite Development Tract

Tract 6 Hwy 155, Frankston, TX 75763

$871,111

56.00 AC lot

A densely wooded tract with SH 155 frontage, suited for homesite development and long-term land value strategies.

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Forested Acreage with Highway Frontage

Tract 5 Hwy 155, Frankston, TX 75763

$729,167

52.50 AC lot

A wooded, rolling tract with SH 155 frontage suitable for homesite development and potential long-term timber income.

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Gated Wooded Homebuilding Lot

Lot 11 Carene, Frankston, TX 75763

$30,000

Wooded, gated subdivision lot with width for flexible home placement and community restrictions to support consistent development.

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Land, Frankston, TX

Bayside Dr, Frankston, TX 75763

$105,000

0.47 AC lot

Waterfront Land · 0.47 Acres

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Land, Frankston, TX

Carene lot: 11, Frankston, TX 75763

$30,000

1.98 AC lot

Land · 1.98 Acres

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Land

Lot 25 Lake Shore Dr, Frankston, TX 75763

$30,000

Residential land & home lots

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Land, Frankston, TX

Garner St, Frankston, TX 75763

$37,000

2.88 AC lot

Land · 2.88 Acres

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Residential Home Lot

Lot 28 Leisure Lane, Frankston, TX 75763

$75,000

Country-adjacent residential lot with wide asphalt roads and nearby access to Frankston amenities.

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Level Pastureland with On-Site Power

LT 8 - 0 TBD FM 1892, Frankston, TX 75763

$219,900

5.05 AC lot

Five-acre level pasture tract with electricity available via utility poles and deed restrictions, outside Frankston city limits.

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Residential Buildable Land Lot

Lot 23 Leisure Lane, Frankston, TX 75763

$38,000

Residential lot just outside Frankston, TX, with wide asphalt roads and nearby access to shopping and Lake Palestine activities.

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Land, Frankston, TX

22451 Cherry, Frankston, TX 75763

$349,000

0.24 AC lot

Waterfront Land · 0.24 Acres

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Residential Home-Building Lot

Lot 21 Leisure Lane, Frankston, TX 75763

$55,000

Residential land lot outside Frankston with wide asphalt roads and access to local shopping, dining, and Lake Palestine.

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Ranch Land Parcel Near Lake

Lt 4 0-TBD FM 1892, Frankston, TX 75763

$139,900

2.73 AC lot

Level pastureland in a small subdivision with on-site electricity access and privacy just blocks from Lake Palestine.

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Frankston, TX Residential Land & Home Lots Market Trends and Statistics

Explore 81 residential land & home lots for sale in Frankston, TX, showcased through 81 active listings on our real estate platform. These investment opportunities span a total of 22,243,609 square feet of properties for sale, with an estimated market value of $10,986,660.

Sale prices for home sites in Frankston, TX start at $30,000, averaging $148,468, and reaching up to $939,236 — 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

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	$176.4K

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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