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    22716 Diamond Bay Dr, Frankston, TX 75763

    4beds
    3,015sqft
    Single Family Residence
    Built in 2002
    0.47 Acres Lot
    $936,900 Zestimate®
    $--/sqft
    $2,732 Estimated rent

    Home value

    $936,900

    $890,000 - $984,000

    $2,732/mo

    Zestimate® history
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    What's special

    Small pondAttic over garageModern comfortsTimeless finishesSoaring high ceilingsWide hallways and doorwaysTranquil waterfall
    PRICE IMPROVEMENT & NEW BULK HEAD LAKE FRONT HOME Nestled in a secluded cul-de-sac on the shores of Lake Palestine, this stunning waterfront retreat offers privacy, charm, and modern comforts in a quiet neighborhood setting. The classic 3015 sq ft home features 3 spacious bedrooms, each with its own en-suite bathroom. Boasting two inviting living areas, soaring high ceilings, hand-scrapped oak floors and recessed lighting throughout, the home is filled with warmth and elegance. At the heart of the home, the chefs kitchen provides an ideal space for entertaining, while the outdoor covered porch and the screened in back patio offers breathtaking views of the lake. The lower level includes approximately 1000 sq ft of heated and cooled basement space, complete with a full bathroom, making it a perfect flex area for guests, a game room, or additional living quarters. Outdoors, you’ll be surrounded by professionally landscaped gardens bursting with azaleas, creating a vibrant, picturesque backdrop year-round. A tranquil waterfall flows into a small pond, creating a peaceful ambiance and a beautiful focal point. The property’s boathouse is a true highlight, with two boat slips and space for a third, along with a spacious deck situated in the deep waters of the lake perfect for fishing, swimming, or sunset gatherings. Additional features include timeless finishes, and thoughtfully designed spaces, including the attic over garage is complete with flooring and has the capability of being finished out with a bathroom. This home was thoughtfully built with accessibility in mind, offering features such as wide hallways and doorways, a step-free entrance, and an accessible en-suite with a roll-in shower. It provides comfort, safety, and ease of living for individuals with mobility needs. This home is located only 20 mins from Tyler, 10 mins from shopping, gyms, and dining out. This rare Lake Palestine treasure offers the perfect balance of seclusion, luxury, and lakeside living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Karla Hutchinson 903-780-0015,

    Keller Williams Realty-Tyler,

    Karen Conn 903-245-1071

    Bought with:

    NON MEMBER AGENT

    Source: GTARMLS,MLS#: 25014051MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Separate Formal Living, Game Room, Family Room, Utility Room, Mother-in-Law Suite, Other/See Remarks, 3 Living Areas
    Primary bedroom
    • Features: Master Bedroom Split, Sitting Area in Master
    Bedroom
    • Features: Other/See Remarks
    • Level: Main
    Bedroom 1
    • Area: 185.9
    • Dimensions: 14.3 x 13
    Bedroom 2
    • Area: 144.3
    • Dimensions: 11.1 x 13
    Bedroom 3
    • Area: 340.2
    • Dimensions: 18.9 x 18
    Bathroom
    • Features: Shower Only, Shower and Tub, Separate Lavatories, Separate Water Closet, Walk-In Closet(s), Bar, Soaking Tub
    Dining room
    • Features: Separate Formal Dining
    • Area: 169.4
    • Dimensions: 14 x 12.1
    Family room
    • Area: 406.8
    • Dimensions: 22.6 x 18
    Kitchen
    • Features: Kitchen/Eating Combo
    Living room
    • Area: 406.6
    • Dimensions: 21.4 x 19
    Heating
    • Central/Electric, Fireplace(s)
    Cooling
    • Central Electric, Zoned-2
    Appliances
    • Included: Range/Oven-Electric, Dishwasher, Disposal, Microwave, Refrigerator, 2 or more Water Heaters, Electric Water Heater
    Features
    • Central Vacuum, Vaulted Ceiling(s), Kitchen Island
    • Flooring: Carpet, Tile, Wood
    • Windows: Blinds, Plantation Shutters
    • Has basement: Yes
    • Number of fireplaces: 1
    • Fireplace features: One Wood Burning
    Interior area
    • Total structure area: 3,015
    • Total interior livable area: 3,015 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Boat, Door w/Opener w/Controls, Garage Faces Front, Workshop in Garage
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Size: 76’X38’
    Accessibility
    • Accessibility features: Hand Rails
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Basement
    • Patio & porch: Screened Porch, Patio Covered, Deck Open, Deck Covered
    • Exterior features: Sprinkler System, Gutter(s), Other/See Remarks, Boat Slip
    • Pool features: None
    • Has spa: Yes
    • Spa features: Bath
    • Fencing: Partial
    • On waterfront: Yes
    • Waterfront features: Waterfront, Water/Lakefront
    • Body of water: Lake Palestine
    Lot
    • Size: 0.47 Acres
    • Features: Cul-De-Sac, Subdivision Lot
    Details
    • Additional structures: Boat House, Guest Quarters
    • Parcel number: 248584
    • Special conditions: Homeowner's Assn Dues
    • Other equipment: Satellite Dish, Dehumidifier

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Alum/Vinyl Siding, Shingle, Other/See Remarks
    • Foundation: Slab, Basement
    • Roof: Composition
    Condition
    • Year built: 2002

    Utilities & green energy

    • Sewer: Aerobic Septic
    • Water: Community, Company: Cherokee County Co-op
    • Utilities for property: Satellite Internet

    Community & HOA

    Community
    • Features: Common Areas, Fishing, Gated, Boat Ramp
    • Security: Smoke Detector(s)
    • Subdivision: Diamond Head Bay
    HOA
    • Has HOA: Yes
    • HOA fee: $245 annually
    Location
    • Region: Frankston

    Financial & listing details

    • Tax assessed value: $955,107
    • Annual tax amount: $9,672
    • Date on market: 9/19/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/19/2025Sold--
    Source: GTARMLS #25014051 Report a problem
    12/12/2025Pending sale$999,900$332/sqft
    Source: NTREIS #21062399 Report a problem
    11/28/2025Contingent$999,900$332/sqft
    Source: NTREIS #21062399 Report a problem
    11/28/2025Pending sale$999,900$332/sqft
    Source: GTARMLS #25014051 Report a problem
    11/13/2025Price change$999,900-16.7%$332/sqft
    Source: GTARMLS #25014051 Report a problem
    9/19/2025Listed for sale$1,200,000$398/sqft
    Source: GTARMLS #25014051 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,083 -24%$924,594 +9.8%
    2024$4,058 -17.2%$842,176 +9.8%
    2023$4,902 -28.3%$767,251 +9.7%
    2022$6,833 -0.9%$699,140
    2021$6,897 -0.3%--
    2020$6,919 -0.9%--
    2019$6,981 -0.1%$751,380 +11.9%
    2018$6,990 +0.3%$671,270 +1.7%
    2017$6,965 0%$659,950
    2016$6,967 -0.1%$659,950
    2015$6,972 -1.8%$659,950
    2014$7,102 $659,950
    2013-- $659,950
    2012-- $659,950
    2011-- $659,950
    2010-- $659,950
    2009-- $659,950 +28.9%
    2008-- $511,900
    2007-- $511,900
    2006-- $511,900 +11.2%
    2005-- $460,220 0%
    2004-- $460,380 -4.7%
    2003-- $483,090 +413.1%
    2002-- $94,150 +51.5%
    2001-- $62,140
    2000-- --
    1999-- --
    Find assessor info on the county website

    Neighborhood: 75763

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brownsboro
    • Middle: Brownsboro
    • High: Brownsboro

    Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $936,900
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    $955,638