Experience beautiful, elegant, almost endless waterfront views from this exceptional 4-bedroom, 2.5-bath two story home with an additional bunkroom or sunroom. Situated on approximately 1.4 acres on a point, the property offers sweeping 180-degree views of Lake Palestine in East Texas. The open floorplan is filled with natural light, abundant windows and lake views from most rooms. The main-floor primary suite features high ceilings and a serene sitting area enveloped in sunlight. The recent improvements have completely updated the feel of this home built in 2006: fully remodeled kitchen includes updated cabinetry, granite countertops, new appliances, updated master bath, new upstairs flooring, new curtains, new lighting fixtures, updated deck, updated electrical, updated plumbing, new A/C units, new faucets/sinks, new paint, a new roof and gutters (2023), and high-quality custom touches throughout, including a handcrafted arched wooden front door, wood accents, pillars, arches, and detailed moulding. Enjoy lakeside living with a brand-new boathouse featuring two slips (one sized for a pontoon and one for a boat), an 18'×22' lounge area, a 16'×16' sun deck, and a 10'×10' storage room. A new bulkhead was installed along the entire perimeter of the waterfront and includes a concrete sidewalk. A lovely patio area was added to allow for relaxing by the water on land or at the boathouse. Plenty of outdoor areas to include a covered second floor balcony (accessible from multiple rooms on the 2nd floor) and a covered patio right off the access from the living/dining area. The huge grassed yard is ample for running around and enjoying the outdoors. This property would be great for a full time home, a waterfront second home or as a short term rental! No HOA! A rare opportunity to own a beautifully updated waterfront home with unmatched views and exceptional outdoor amenities. Convenient location close to Tyler!
Pending
$1,195,000
7433 State Highway 155, Frankston, TX 75763
4beds
2,667sqft
Single Family Residence
Built in 2006
1.4 Acres Lot
$1,128,600 Zestimate®
$448/sqft
$-- HOA
What's special
New appliancesNew curtainsNew lighting fixturesNew upstairs flooringUpdated master bathUpdated deckHigh-quality custom touches throughout
- 207 days
- 91
- 3
Zillow last checked:
Listing updated:
Listed by:
Jana Dillard 970-948-9731,
Staples Sotheby's Internationa
Source: GTARMLS,MLS#: 26002976
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bathroom
- Features: Shower and Tub, Shower/Tub, Jack & Jill
Heating
- Central/Electric
Cooling
- Central Electric
Appliances
- Included: Electric Range, Dishwasher, Microwave, Refrigerator
Features
- Master Bedroom Split, Master Bedroom Downstairs, Sitting Area In Master, Ceiling Fan, Vaulted Ceiling(s), Kitchen Island
- Windows: Blinds
- Fireplace features: Other
Interior area
- Total structure area: 2,667
- Total interior livable area: 2,667 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Paved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Pool features: None
- Fencing: Partial
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Lake Palestine
Lot
- Size: 1.4 Acres
- Features: Irregular Lot
Details
- Additional structures: Boat Slip, Boat House
- Parcel number: 207453
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Pre-owned
- Year built: 2006
Utilities & green energy
- Sewer: Conventional Septic
Community & HOA
HOA
- Has HOA: No
Location
- Region: Frankston
Financial & listing details
- Price per square foot: $448/sqft
- Tax assessed value: $767,947
- Annual tax amount: $11,554
- Date on market: 3/3/2026
- Listing terms: Conventional,FHA,VA Loan,Cash
Estimated market value
$1,128,600
$1.07M - $1.19M
$2,526/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Pending sale | $1,195,000$448/sqft |
Source: | ||
| 6/13/2026 | Price change | $1,195,000-7.7%$448/sqft |
Source: | ||
| 3/3/2026 | Listed for sale | $1,295,000+89.1%$486/sqft |
Source: | ||
| 9/22/2021 | Sold | -- |
Source: | ||
| 7/30/2021 | Listed for sale | $685,000+52.3%$257/sqft |
Source: | ||
| 10/8/2015 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/24/2015 | Price change | $449,900-10%$169/sqft |
Source: RE/MAX Tyler #10053125 Report a problem | ||
| 4/2/2015 | Price change | $499,900-16.7%$187/sqft |
Source: RE/MAX Tyler #10053125 Report a problem | ||
| 3/1/2015 | Listed for sale | $599,900$225/sqft |
Source: RE/MAX Tyler #10053125 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,555 +0.2% | $767,947 |
| 2024 | $11,529 +9.5% | $767,947 +12.3% |
| 2023 | $10,533 +12.4% | $684,028 +23.2% |
| 2022 | $9,373 +22.7% | $555,420 |
| 2021 | $7,641 +10.5% | -- |
| 2020 | $6,917 -3.5% | -- |
| 2019 | $7,170 +2.6% | $417,150 +2.5% |
| 2018 | $6,986 +1.5% | $406,990 +1.4% |
| 2017 | $6,882 -0.3% | $401,230 |
| 2016 | $6,900 +3.7% | $401,230 |
| 2015 | $6,653 -2.2% | $401,230 |
| 2014 | $6,799 | $401,230 -11.2% |
| 2013 | -- | $451,750 |
| 2012 | -- | $451,750 |
| 2011 | -- | $451,750 +26.9% |
| 2010 | -- | $355,970 |
| 2009 | -- | $355,970 -19.6% |
| 2008 | -- | $442,520 +129.9% |
| 2007 | -- | $192,520 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75763
Nearby schools
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.




