Welcome to your next opportunity! This 3-bedroom, 2-bathroom home sits on .83 of an acre in a lovely lake community on Lake Palestine. Inside, the home offers a functional layout with large living area, eat-in kitchen, and generous bedroom sizes .Primary en-suite with double walk-in closets and huge jetted tub! Though it needs some TLC and updating, the potential is undeniable and the price makes it affordable. 2 large lots equaling almost an acre, beautiful mature trees, RV carport, storage shed with 240-volt receptacle, and an extra enclosed garage. Very peaceful setting with minimal HOA fees and restrictions. Sit in the sunroom and enjoy all the nature this property divulges! Access to boat ramp-launch, swimming, fishing, and much more! Newest appraisal coming in at $310K! Bring your vision and make this home truly your own!
Pending
$220,000
23319 Peninsula Point, Frankston, TX 75763
3beds
1,481sqft
Single Family Residence
Built in 1984
0.83 Acres Lot
$214,700 Zestimate®
$149/sqft
$4/mo HOA
What's special
- 115 days |
- 28 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Lacy Turner 0725509,
Platinum Realty Group Tyler LLC 903-262-0054
Source: NTREIS,MLS#: 21195929
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Closet Cabinetry, Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Garden Tub/Roman Tub, Jetted Tub, Linen Closet, Walk-In Closet(s)
- Level: First
- Dimensions: 0 x 0
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Bedroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Primary bathroom
- Features: Built-in Features, Closet Cabinetry, Dual Sinks, En Suite Bathroom, Garden Tub/Roman Tub, Jetted Tub, Linen Closet, Sink
- Level: First
- Dimensions: 0 x 0
Other
- Features: Built-in Features, Linen Closet
- Level: First
- Dimensions: 0 x 0
Kitchen
- Features: Breakfast Bar, Built-in Features, Eat-in Kitchen, Galley Kitchen, Pantry
- Level: First
- Dimensions: 0 x 0
Laundry
- Features: Closet
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Built-in Features, Ceiling Fan(s), Fireplace
- Level: First
- Dimensions: 0 x 0
Sunroom
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Workshop
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
- Laundry: Electric Dryer Hookup, Laundry in Utility Room
Features
- Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Open Floorplan, Pantry, Cable TV, Natural Woodwork, Walk-In Closet(s)
- Flooring: Carpet, Luxury Vinyl Plank
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Blower Fan, Gas, Glass Doors, Gas Log, Gas Starter, Living Room, Masonry
Interior area
- Total interior livable area: 1,481 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Covered, Detached Carport, Door-Single, Driveway, Garage Faces Front, Garage, Golf Cart Garage, RV Carport, Storage, Boat, RV Access/Parking
- Attached garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Covered
- Exterior features: Private Yard, Rain Gutters, Storage
- Pool features: None
- Fencing: Chain Link
- Body of water: Palestine
Lot
- Size: 0.83 Acres
- Features: Landscaped, Rolling Slope, Subdivision, Sprinkler System, Few Trees
Details
- Additional structures: Boat House, Outbuilding, Other, RV/Boat Storage, Shed(s), See Remarks, Storage, Workshop
- Parcel number: 43450005022087
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Public
- Utilities for property: Sewer Available, Septic Available, Water Available, Cable Available
Community & HOA
Community
- Features: Boat Facilities, Dock, Fishing, Lake
- Subdivision: Three Points Estates
HOA
- Has HOA: Yes
- Services included: All Facilities
- HOA fee: $50 annually
- HOA name: Three Points Estate Poa
- HOA phone: 903-876-5494
Location
- Region: Frankston
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $301,787
- Annual tax amount: $1,547
- Date on market: 3/3/2026
- Cumulative days on market: 104 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$214,700
$204,000 - $225,000
$1,822/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Pending sale | $220,000$149/sqft |
Source: NTREIS #21195929 Report a problem | ||
| 5/21/2026 | Contingent | $220,000$149/sqft |
Source: NTREIS #21195929 Report a problem | ||
| 5/15/2026 | Pending sale | $220,000$149/sqft |
Source:  GTARMLS #26002839 Report a problem | ||
| 3/1/2026 | Listed for sale | $220,000-11.6%$149/sqft |
Source: GTARMLS #26002839 Report a problem | ||
| 2/26/2026 | Listing removed | $249,000$168/sqft |
Source: NTREIS #20850670 Report a problem | ||
| 9/17/2025 | Price change | $249,000-5%$168/sqft |
Source: GTARMLS #25007257 Report a problem | ||
| 8/7/2025 | Price change | $262,000-3%$177/sqft |
Source: GTARMLS #25007257 Report a problem | ||
| 5/14/2025 | Price change | $270,000+22.7%$182/sqft |
Source: GTARMLS #25007257 Report a problem | ||
| 2/25/2025 | Listed for sale | $220,000$149/sqft |
Source: NTREIS #20850670 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $412 | $224,890 +10% |
| 2024 | $412 +11.1% | $204,445 +10% |
| 2023 | $371 -35.8% | $185,859 -22.5% |
| 2022 | $578 -6.6% | $239,710 |
| 2021 | $619 +7.1% | -- |
| 2020 | $578 -6.6% | -- |
| 2019 | $619 | $141,050 +22.2% |
| 2018 | $619 +7.1% | $115,400 +1.9% |
| 2017 | $578 | $113,280 |
| 2016 | $578 -7.2% | $113,280 |
| 2015 | $623 -15.2% | $113,280 |
| 2014 | $735 | $113,280 |
| 2013 | -- | $113,280 |
| 2012 | -- | $113,280 |
| 2011 | -- | $113,280 |
| 2010 | -- | $113,280 |
| 2009 | -- | $113,280 -3.9% |
| 2008 | -- | $117,860 +29.4% |
| 2007 | -- | $91,100 |
| 2006 | -- | $91,100 +2.4% |
| 2005 | -- | $88,990 +4.4% |
| 2004 | -- | $85,260 -13.7% |
| 2003 | -- | $98,820 +8.3% |
| 2002 | -- | $91,210 +10% |
| 2001 | -- | $82,920 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 75763
Nearby schools
GreatSchools rating
- 9/10Frankston Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 7/10Frankston Middle SchoolGrades: 6-8Distance: 2.9 mi
- 6/10Frankston High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Frankston
- Middle: Frankston
- High: Frankston
- District: Frankston ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Henderson County
- Berryville
- 75763
- 23319 Peninsula Point
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