$997,000

22770 Diamond Bay Dr Frankston, TX 75763

$10,000
Closing credit¹
3 beds
2 full
2,985 sqft
$334 / sqft
House

Property details

About 22770 Diamond Bay Dr

Prestigious Lakefront Retreat on Lake Palestine. Discover your dream home on the shores of a beautiful, deep water East Texas lake! This elegant and spacious 3-bedroom, 2-bathroom residence offers just under 3,000 sq ft of heated and cooled living space, perfectly blending comfort and lakefront luxury. The kitchen and breakfast area with open lighting and tons of storage over looks the beautiful green, back yard and lake. The primary room allows beautiful natural lighting and provides a large walk in shower and Jacuzzi, large bathtub. Wake up to breathtaking sunrises and wind down with the calming evening breeze from your screened-in back porch—your personal sanctuary for year-round relaxation. This lovely home features a wood-burning fireplace that willl keep you cozy on cool nights, and large windows throughout the house flood the interior with natural light, offering stunning lake views from multiple rooms. A super added value to this home is a basement that can be used for a game room, extra overflow sleeping arrangements, storage or just a really nice heated and cooled place for a he/she shed. The furnace, both water heaters and the water softener are stored in a separate room behind the game room.Enjoy peace of mind with thoughtful upgrades, including a NEW Class 4 Impact Resistance Shingles. With a 10 year transferable warranty. 20kW Generac generator capable of powering the home for up to three days, two water heaters, and a full water filtration system. The home draws water from the lake for lawn irrigation, helping you maintain lush green grass with ease. Septic maintenance is handled yearly by trusted professionals at Joey Ridgle Septic.With approximately 91 feet of prime lake frontage, this property is a rare gem. As an added .With some of the best fishing in East Texas and a single slip to store your boat don’t miss this rare opportunity to own a piece of paradise on one of East Texas’ most coveted lakes!

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
Size2,985 sqft
Year built1994
ParkingConcrete, Garage Door Opener
MLS #25006160
Garage2 spaces
FireplaceGas Log, Gas Starter

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Microwave, Disposal, Electric Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Gas Log, Gas Starter
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Parking: Concrete, Garage Door Opener
  • Exterior: Boat Slip, Fence, Deck, Patio, Screened Porch
  • Architectural Style: Traditional
  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $997,000
  • Price/SqFt: $334
  • HOA Amount: $20
  • HOA Frequency: Annually
  • Annual Tax Amount: $10,276
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: Take Hwy 155 toward Palestine, cross over long bridge in Coffee City. Take left after the Dollar Store, continue through the gate and turn right. House is on lake side with sign in the yard.
  • Year Built: 1994
  • Stories: 1
  • Living Area: 2,985 SqFt
  • MLS Number: 25006160
  • MLS Name: TylerTX
  • Office Name: Keller Williams Realty-Tyler
  • Listing Agent: Karla Hutchinson

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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
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Last updated on: 5/5/2025, 10:15:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view with a water view

$997,000

22770 Diamond Bay Dr

$10,000

closing credit¹

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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$667,387$10,276
2022$496,200$25,121
2021$496,200$9,297
2020$544,810$10,868
2019$503,920$3,671
2018$441,000$9,254
2017$434,200$9,177

History based on county public records data.

Nearby schools

7

Frankston Elementary School

Public District PK-5

5.1 mi

100 W Perry St

9

Bullard Elementary School

Public District 3-4

9.0 mi

2008 Panther Crossing

6

Owens Elementary School

Public District PK-5

9.6 mi

11780 County Road 168

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. Residents of this area typically 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 22770 Diamond Bay Dr

The listing price of 22770 Diamond Bay Dr property is $997,000.

The property 22770 Diamond Bay Dr is a house located in Frankston, Texas, 75763.

Active Listing: 22770 Diamond Bay Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 22770 Diamond Bay Dr are: Frankston Elementary School (GreatSchools Rating 7/10), Bullard Elementary School (GreatSchools Rating 9/10), Owens Elementary School (GreatSchools Rating 6/10), Frankston Middle School (GreatSchools Rating 5/10), Bullard Middle School (GreatSchools Rating 8/10), Bullard Intermediate School (GreatSchools Rating 6/10), Frankston High School (GreatSchools Rating 7/10), Bullard High School (GreatSchools Rating 7/10), LaPoynor High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $10,276 (source: MLS/based on county public records data).

The property at 22770 Diamond Bay Dr has 3 bedrooms and 2 bathrooms.

The property 22770 Diamond Bay Dr is 2,985 SqFt (source: MLS/tax record).

The year of construction for 22770 Diamond Bay Dr is 1994.

This home is located at 22770 Diamond Bay Dr in Frankston, TX and zip code 75763. This 2,985 square foot home was built in 1994. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $997,000.

In April 2025, from all listings sold in Frankston, TX there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Frankston, TX increased by 21.3% between March and April 2025. While the average time on the market in April 2025 was 88 days, the median list price was $187,500.

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

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