Address
5494 An County Road 309, Frankston, TX
Price
$ 350,000
Property Attributes
  • MLS#26010844
  • TypeSingle Family
  • Listing Status Active
  • CountyANDERSON
  • CityFrankston
  • AreaAnderson
  • Neighborhoodrural
  • Zip75763
  • StyleLog
  • Year Built2020
  • Taxes$ 2432
  • Price$ 350,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1878
  • Lot Size1.14 Acres
Data Source:
Greater Tyler AOR (GTAR)
Property Description

Discover a unique opportunity just minutes from Lake Palestine! Situated on just over 1 acre and only 3 minutes from a convenient boat launch, this versatile property offers incredible potential for both peaceful comfortable living and income generation. This thoughtfully designed home features, two separate living quarters, making it ideal for multi-generational living or rental opportunities. Step through the main front entrance into a spacious layout that includes a well-sized kitchen, inviting living area, laundry space, and a private master suite. Continue through a flexible room, perfect as a bedroom or office; into a second fully functional living space, complete with its own full kitchen, living area, bedroom, and private front and back entrances. Previous owners successfully utilized this space as a one-bedroom rental, creating immediate income potential. The exterior adds even more value, featuring an RV-ready hookups with electric and septic, opening the door for additional rental income or guest accommodations. In the back is a 12x12 shop, wood shop or organize your fishing gear! Another standout feature of this property is the roof runoff collection system, designed to capture and store rainwater in the underground tanks, an excellent resource for maintaining a water reserve, especially during those hot Texas summers. Located just around the corner from local bait shops and multiple boat launches, this property is perfectly positioned to attract weekend visitors and lake enthusiasts looking to enjoy everything Lake Palestine has to offer. Whether you're searching for a primary residence, investment property, or weekend retreat, this home offers endless possibilities.

Elementary School Middle School High School
Frankston Elementary School Frankston Middle School Frankston High School
Price History
8/4/2026 Listed $350,000

General Features

Living Area 1878.0
Sewer Aerobic Septic
Heating Central/Electric,Zoned
Cooling Central Electric,Zoned-2
Possession 3 days after C&F
Roof Composition
Appliances Electric Range,Dishwasher,Microwave,Refrigerator
Garage Spaces 0.0
Patio/Porch Features Covered
Architectural Style Log
Pool Features None
Construction Materials Log,Cement Siding
Year Built 2020
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Anderson
New Construction No
Property Type Residential
HOA No
Subdivision Name rural
Other Structures Workshop
Full Baths 2
Status Active
Directions From Hwy 155,turn on FM 2215 next to Midway Package and Feed. Go all the way till it comes to stop sign,turn right onto CR 4117 Go one mile then turn right onto CR 309 Home will be down on left
High School Frankston
City Frankston
Short Sale Y/N No
Senior Community Y/N No
Carport Spaces 0.0
Elementary School Frankston
Tax Annual Amount 2432.69
Middle/Junior High School Frankston
Property Condition Pre-owned
Standard Status Active
Year Built Source ACAD
Legal Description John Ferguson Survey,A-22 Anderson County

Interior Features

Interior Amenities Master Bedroom Split,Walk-In Closet,Ceiling Fan
Flooring Decorative Concrete,Vinyl
Fireplace Features Other
Bathroom Features Shower Only,Linen Closet
Total Bedrooms 3
LivingAreaSource ACAD
Total Baths 2

Exterior Features

Exterior Amenities Irrigation System
Fencing Wood,Chain Link
Parking Features Garage,Workshop in Garage,See Remarks
Lot Features Rectangular Lot
Water Source Cooperative
Foundation Details Slab
Lot Size Acres 1.14
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 75763

Price
AVG $460K
$350K
Taxes
AVG $2,723
$2,432
Year Built
AVG 1996
2020
Visits
AVG 32
8
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.