#25000018, Kristi Martin, Listing Office: Kristi Martin Realtor LLC
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
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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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
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Tax history
Year | Assessment | Property 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.
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.
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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.