ELEGANT PLANTATION STYLE WATERFRONT ESTATE ON LAKE PALESTINE Welcome to your dream waterfront retreat on Circle Drive, offering nearly 3,900 square feet of Southern charms and timeless elegance. This plantation-style home features two complete living homes under one roof, making it ideal for a large family, multi-generational living, or an exceptional income producing property. Upstairs, enjoy an inviting living area with a spacious kitchen, utility room, and a primary suite that opens through French doors onto a stunning balcony overlooking beautiful Lake Palestine. The master bath includes a relaxing whirlpool tub, and each bedroom offers tremendously large walk-in closets. There is also a guest bedroom with a private bath and large walk-in closet. Downstairs, the second full living space including a bedroom, full kitchen, utility room, and comfortable living area that flows to the two-car garage. Elegant details include black granite flooring in the kitchen, marble floors in the living area, and a fireplace for cozy evenings. Step outside to a sparkling swimming pool and a breathtaking backyard oasis where you can relax and take in million-dollar views of the lake. The home features two HVAC systems, two water heaters, and propane gas cooking. Located in the Frankston ISD, this property is perfect as a full-time residence, a luxurious weekend getaway, or a dual rental investment - live on one level and rent the other! Experience gracious Southern living and unforgettable views - this is Lake Palestine living at its finest.
For sale
$699,000
10637 Circle Point, Frankston, TX 75763
3beds
3,898sqft
Single Family Residence
Built in 2005
-- sqft lot
$681,300 Zestimate®
$179/sqft
$6/mo HOA
What's special
Sparkling swimming poolFireplace for cozy eveningsPropane gas cookingPlantation-style homeBreathtaking backyard oasisUnforgettable viewsTremendously large walk-in closets
- 307 days
- 380
- 28
Zillow last checked:
Listing updated:
Listed by:
Donna Douglas 903-360-8682,
Fathom Realty, LLC,
Staci Wagner 903-426-9432
Source: GTARMLS,MLS#: 25015875
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bathroom
- Features: Shower Only, Tub Only, Separate Lavatories, Walk-In Closet(s), Vinyl, Bar
Heating
- Central/Electric, Fireplace, Propane
Cooling
- Central Electric, Individual Controlled, Zoned-2, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Double Oven, Gas Cooktop, Electric Cooktop
Features
- Master Bedroom Split, Sitting Area In Master, Walk-In Closet, Separate Walk-In Closets, Breakfast Bar, Ceiling Fan
- Flooring: Laminate, Stone, Marble
- Fireplace features: Two Or More Fireplaces
Interior area
- Total structure area: 3,898
- Total interior livable area: 3,898 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Paved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Pier & Deck, Balcony, Outdoor Kitchen
- Pool features: Vinyl, In Ground
- Has spa: Yes
- Spa features: Bath
- Fencing: Wood,Chain Link,Wrought Iron
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Lake Palestine
Details
- Additional structures: Gazebo
- Parcel number: 285865
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Metal Siding
- Foundation: Slab
- Roof: Aluminum/Metal
Condition
- Pre-owned
- Year built: 2005
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Community
- Utilities for property: 2 Or More Units, Satellite
Community & HOA
Community
- Subdivision: Three Points
HOA
- Has HOA: Yes
- HOA fee: $75 annually
Location
- Region: Frankston
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $754,175
- Annual tax amount: $1,318
- Date on market: 10/28/2025
- Listing terms: Conventional,FHA,VA Loan,Must Qualify,Cash
- Road surface type: Paved
Estimated market value
$681,300
$647,000 - $715,000
$2,573/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Price change | $699,000-12.5%$179/sqft |
Source:  GTARMLS #25015875 Report a problem | ||
| 10/28/2025 | Listed for sale | $799,000$205/sqft |
Source: GTARMLS #25015875 Report a problem | ||
| 12/6/2006 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,318 0% | $622,231 +9.8% |
| 2024 | $1,319 -30.5% | $566,519 +9.8% |
| 2023 | $1,898 -36.9% | $515,872 -20.2% |
| 2022 | $3,008 +0% | $646,680 |
| 2021 | $3,008 -0.9% | -- |
| 2020 | $3,034 +0.2% | -- |
| 2019 | $3,028 -0.2% | $417,050 +28.7% |
| 2018 | $3,035 -0.7% | $324,070 +1.7% |
| 2017 | $3,057 +0% | $318,650 |
| 2016 | $3,057 +1% | $318,650 |
| 2015 | $3,028 -5.6% | $318,650 |
| 2014 | $3,207 | $318,650 |
| 2013 | -- | $318,650 |
| 2012 | -- | $318,650 |
| 2011 | -- | $318,650 |
| 2010 | -- | $318,650 |
| 2009 | -- | $318,650 +34.7% |
| 2008 | -- | $236,550 +0.4% |
| 2007 | -- | $235,680 |
| 2006 | -- | $235,680 +609.9% |
| 2005 | -- | $33,200 -23.9% |
| 2004 | -- | $43,600 +31.3% |
| 2003 | -- | $33,200 |
| 2002 | -- | $33,200 |
| 2001 | -- | $33,200 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 75763
Nearby schools
Schools provided by the listing agent
- Elementary: Frankston
- Middle: Frankston
- High: Frankston
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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