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$275,000

Price Reduction
Last reduced: Mar. 18th, 2026
Reduction of
- $94,000 (25.47%)
Previous Price
$369,000
For Sale
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11524 & 11536 Drake's Landing, Frankston, TX 75763


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Estimated Monthly Payment
Mortgage (P&I)
$1,371.79
Estimated Tax
$69.25
Maintenance / HOA
$0.00
Homeowners Insurance
$183.33
Estimated Total
$1,624.37
*Estimate based on a typical 30 year fixed mortgage @ 6.37% APR, with 20% down payment and an HOI estimasted at .8% of price annually. Actual payments may be higher or lower. Information from Monthly Payment needs to be independently verified and not relied upon since the figure provided could be based on inaccurate presumptions.
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1.86 Lot Acres
Lots
403 Day(s) on Market

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About this property

This 1.86 acre waterfront lot in a small, quiet neighborhood just outside Frankston on Lake Palestine is exactly what you've hoped to find! Here on Cobb's Inlet, you would own to water’s edge-unusual for Lake Palestine! With a cul de sac location, towering established trees & a recently built boathouse & bulkhead, this is not your typical lake lot. Boathouse provides an air-conditioned room to escape from heat of the day with a sink, refrigerator & microwave for ease of entertainment. An air conditioned portable bathroom on site holds its own enclosed septic tank. Bonus storage room is perfect for lake toys & has a shower. Boathouse also has a one slip electric lift, a fish cleaning station, covered area for protection from the sun & rain & is perfect to fish right from the dock with wide stairs leading down to the water. Bring your new house plans & enjoy life on the lake!

Documents
Subdivision Plat Exclusions CCR's
Measurement in Ft-in Measurement in Metric
MLS#
4021320
List Price
$275,000
Price Reduction
Last reduced: Mar. 18th, 2026
Reduction of
- $94,000 (25.47%)
Previous Price
$369,000
Listing Status
For Sale
Address
11524 & 11536 Drake's Landing
City
Frankston
State
TX
Zip Code
75763
County
Henderson County
Subdivision
Lakeside Estate
Legal Description
ACRES: 0.500 LOT: TR 1 AB 7 J FERGUSON SUR LAKESIDE ESTATES
Property Type
Lots
Lot Size
1.86 Lot Acres/Other
LP / Acre
$147,849 / Acre
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Exterior

Lot Description
Cul-De-Sac, Subdivision, Waterfront, Wooded
Water Amenity
Boat House, Boat Lift, Bulkhead, Lakefront, Pier
Cable
Unknown
Water Sewer
No Sewer, Public Water
Phone
Unknown
Electric
Electric Available
Gas
Availability Unknown
Road Surface
Asphalt

Financial information

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$831/2024
Tax Rate
1.668269

Extra details you may need to know

HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
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For tax history and tax detail information, please visit the Henderson county appraisal district Website.

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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Explore school information

Check out assigned and nearby schools along with their detailed ratings and essential information to help you make informed decisions.

Assigned schools

Elementary School

Frankston Elementary School

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A
Excellent
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Middle School

Frankston Middle School

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B
Good
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High School

Frankston High School

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B
Good
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing broker

Staples Sotheby's International Realty
2344 Dueling Oaks, Tyler, TX 75703
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Staples Sotheby's International Realty, is a Texas real estate firm, located at 2344 Dueling Oaks, Tyler, TX 75703. Staples Sotheby's International Realty provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view Staples Sotheby's International Realty current listings, or sold listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View Staples Sotheby's International Realty Agent Roster. Staples Sotheby's International Realty has multi-lingual agents: Spanish.
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Information source

Houston Association of REALTORS®
Source last updated Apr 15, 2026 at 11:37 AM
Listing last updated Mar 18, 2026 at 03:58 PM
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11524 & 11536 Drake's Landing, Frankston, TX 75763. View photos, map, tax, nearby homes for sale, home values, school info...

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Listing agent
Dana Staples
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