This waterfront lot in a small, quiet neighborhood just outside Frankston on Lake Palestine is exactly what you've hoped to find! Here on Cobb's Inlet, you would own 1.86 acres to water’s edge-unusual for Lake Palestine! With a cul de sac location, towering established trees & a recently built boathouse & bulkhead this is not your typical lake lot. Boathouse provides an air-conditioned room to escape from heat of the day with a sink, refrigerator & microwave for ease of entertainment. You could spend nights here as well with an air conditioned portable bathroom on site, which holds its own enclosed septic tank. Bonus storage room is perfect for lake toys & has a shower. Boathouse also has a one slip electric lift, a fish cleaning station, covered area for protection from the sun & rain & is perfect to fish right from the dock with wide stairs leading down to the water. The view is fantastic with a pine forest across the water. Bring your new house plans & enjoy life on the lake!
Property Details
Property Features
Listing Office:
Office Name: Staples Sotheby's Internationa
Office Phone: (903) 876-1051
Listing Agent: Mimi Burch
Exterior Features
Exterior Information:
Waterfront: Dock, Boat Slip, Lake Front, Waterfront
Directions: From Tyler, take Hwy 155 S, to Left @ Midway Pkg Store on FM 2215 to stop sign. Turn left on 4117, to right on Jeb Circle .First sign is on lot designated for septic. Turn right onto Drake's Landing (through stone entrance) Second sign on waterfront lots.
Price Information
Listing Price Info
Price Summary:
List Price: $385,000
Tax Information:
Annual Amount: $567
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Frankston, TX.
Last updated on: 11/17/2024, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$567
$29,230
2020
$262
$12,860
2019
$277
$12,860
2018
$276
$12,860
2017
$281
$12,860
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Frankston Elementary School
100 W Perry St
Distance between this listing and this school2.45 miles
Public District Grades PK-5
7
/10
Bullard Elementary School
2008 Panther Crossing
Distance between this listing and this school9.37 miles
Public District Grades 3-4
4
/10
Lapoynor Elementary School
13155 US Highway 175 E
Distance between this listing and this school9.84 miles
Public District Grades PK-5
Nearby Schools
6
/10
Frankston Middle School
100 W Perry St
Distance between this listing and this school2.45 miles
Public District Grades 6-8
8
/10
Bullard Middle School
909 W Main St
Distance between this listing and this school9.02 miles
Public District Grades 7-8
6
/10
Bullard Intermediate School
218 Schoolhouse Rd
Distance between this listing and this school9.13 miles
Public District Grades 5-6
Nearby Schools
7
/10
Frankston High School
100 W Perry St
Distance between this listing and this school2.45 miles
Public District Grades 9-12
7
/10
Bullard High School
1426 S Houston St
Distance between this listing and this school9.63 miles
Public District Grades 9-12
6
/10
LaPoynor High School
13155 US Highway 175 E
Distance between this listing and this school9.84 miles
The neighbors living near this home have an average income of $52,344. The most common annual income of people living in Frankston, TX is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11536 Drakes Lndg
What is the listing price of this property?
The listing price of 11536 Drakes Lndg property is $385,000.
What type of property is this?
The property 11536 Drakes Lndg is land located in Frankston, Texas, 75763.
Is this property for sale now?
Active Listing: 11536 Drakes Lndg is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $567 (source: MLS/based on county public records data).
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This home is located at 11536 Drakes Lndg in Frankston, TX and zip code 75763. This home sits on a 1.86 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $385,000.
In October 2024 in Frankston, TX there were 20% more homes for sale than in September 2024. In October 2024, listings were on the market for 98 days. During the same period, the median list price in this real estate market was $399,000.
From Rocket Homes Real Estate and based on county public records data.
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