Lot/land

Price cut: $50K (9/1)

$525,000

County Road 4117, Frankston, TX 75763

--beds

--baths

5.06Acres

Unimproved Land

Built in ----

5.06 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Rare opportunity to own 5.06 unrestricted acres on beautiful Lake Palestine! This property boasts approximately 71 feet of pristine lake frontage, featuring a natural sandy beach and a gradual drop-off — perfect for swimming, wading, and easy boat parking. With no restrictions, the possibilities are endless: build your dream home, weekend retreat, or investment property. Enjoy the privacy and space this acreage provides while being just steps from the water. Whether you're looking to fish, boat, or simply relax lakeside, this property offers the ultimate Lake Palestine lifestyle. Don't miss your chance to secure this unique waterfront gem!

46 days
88
7

Facts & features

Property

Features

Fencing: Barbwire Fence,Metal Fence,None,Partial,Wood
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Lake Front
Body of water: Lake Palestine

Lot

Size: 5.06 Acres
Features: Lake on Lot, Wooded
Topography: Level
Residential vegetation: Heavily Wooded, Mixed Timber

Details

Parcel number: 218144

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Not Available, Water Available

Community & HOA

Community

Security: Security Gate
Subdivision: AB 0388 G ISAACS SUR

Location

Region: Frankston

Financial & listing details

Tax assessed value: $190,816
Annual tax amount: $2,372
Date on market: 8/11/2026
Road surface type: Dirt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/1/2026	Price change	$525,000-8.7%
Source: HAR #95041276 Report a problem
8/11/2026	Listed for sale	$575,000+404.8%
Source: GTARMLS #26011179 Report a problem
10/1/2024	Sold	--
Source: GTARMLS #24012490 Report a problem
9/5/2024	Listed for sale	$113,900
Source: GTARMLS #24012490 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,631 -0.4%	$190,816
2024	$1,637 +5.5%	$190,816 +17%
2023	$1,552 -3.9%	$163,039 +9.1%
2022	$1,616 +20.3%	$149,420
2021	$1,343 +7.4%	--
2020	$1,250 +23.2%	--
2019	$1,014 +8.6%	$78,780 +89.7%
2018	$934 +1.8%	$41,520 +1.9%
2017	$917 +0.1%	$40,760
2016	$916 +3.4%	$40,760
2015	$886	$40,760
2014	$886	$40,760
2013	--	$40,760
2012	--	$40,760
2011	--	$40,760
2010	--	$40,760
2009	--	$40,760 +13.8%
2008	--	$35,830 +45.9%
2007	--	$24,560 +7.6%
2006	--	$22,820 -32.3%
2005	--	$33,720 -32.7%
2004	--	$50,100 +44.4%
2003	--	$34,700 +14.9%
2002	--	$30,200
2001	--	$30,200
2000	--	--
1999	--	--