$369,000

11524 Drakes Lndg Frankston, TX 75763

1.9 acres
Land

Property details

About 11524 Drakes Lndg

This 1.86 acre 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 all the way to the water---unusual for Lake Palestine! With a cul de sac location, towering established trees and a recently built boathouse and bulkhead, this is not your typical lake lot with 324' of shoreline! The boathouse provides an air-conditioned room to escape from the heat of the day with a sink, refrigerator and microwave for ease of entertaining. You could spend the occasional night here as well with a portable bathroom on site with air conditioning, that holds its own enclosed septic tank. Bonus storage room is perfect for lake toys and has a shower to rinse off in. The boathouse also has a one slip electric lift, a fish cleaning station, covered area for protection from the sun and rain and the perfect spot 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. All this with water and electric provided--- all you need to bring would be your new house plans and prepare for life on the lake!

Highlights

Home typeVacant Land
StatusActive
Lot size1.86 Acres
MLS #20861082
WaterfrontDock, Boat Slip, Lake Front, Waterfront

Virtual tour

Summary

  • MLS Number: 20861082
  • MLS Name: NTR
  • Office Name: Staples Sotheby's Internationa
  • Office Phone: (903) 876-1051
  • Listing Agent: Mimi Burch

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/5/2025, 12:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$369,000

11524 Drakes Lndg

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$28,420$399
2022$28,420$484
2021$28,420$551
2020$9,430$192
2019$9,430$203
2018$9,430$202
2017$9,430$205

History based on county public records data.

Nearby schools

7

Frankston Elementary School

Public District PK-5

2.4 mi

100 W Perry St

9

Bullard Elementary School

Public District 3-4

9.4 mi

2008 Panther Crossing

4

Lapoynor Elementary School

Public District PK-5

9.8 mi

13155 US Highway 175 E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,344. Residents of Frankston, TX typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

34%
<35k
48%
35k-100k
14%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
10%
Single, with Kids
37%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
40%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 11524 Drakes Lndg

This home is located at 11524 Drakes Lndg in Frankston, TX and zip code 75763. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $369,000.

While more than 0 listings in Frankston, TX in February 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Frankston, TX between January and February 2025 increased by 31.8%. In February 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $438,500.

From Rocket Homes Real Estate and based on county public records data.

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