Property Attributes
- MLS#21361697
- TypeSingle Family
- Listing Status Active
- CountyANDERSON
- CityFrankston
- NeighborhoodLake Frankston
- Zip75763
- StyleSingle Family Residence
- Year Built1954
- Taxes$ 5654
- Price$ 459,999
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage1818
- Lot Size0.5 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Welcome to lakefront living in this beautifully updated 3-bedroom, 2-bath waterfront home located in a private, gated fishing community of approximately 60–65 homes. Whether you're looking for a full-time residence or the perfect weekend escape, this property offers a peaceful waterfront setting with direct lake access, a replaced boathouse and dock, and plenty of space to relax and entertain. The flexible floor plan includes a downstairs bedroom currently being used as an office and featuring a Murphy bed, making it easy to accommodate overnight guests while maintaining a dedicated workspace. Upstairs, the primary bedroom offers a special lakefront retreat with a lake-view balcony just outside the door—the perfect spot to enjoy morning coffee or unwind at the end of the day. The owners have completed extensive improvements, including replaced flooring, fresh interior paint, an added garage, replaced entry patio, painted deck, new primary bath window and an upstairs mini-split system. Additional upgrades include a new hot water heater, generator hookup, and propane servicing the gas stove and dryer. Starlink is available for reliable internet connectivity. Outside, enjoy fishing, boating and peaceful evenings under exceptionally dark skies where you can even catch views of the Milky Way. Nearby Pine Dunes Golf Course, often referred to as “Baby Augusta,” provides another great recreational option. Sellers are also happy to include the primary furnishings with a good offer, making this an excellent opportunity for buyers looking for a lake home or weekend retreat that can be enjoyed right away.
| Elementary School |
|---|
| Frankston Elementary School |
| Price History | |
|---|---|
| 8/20/2026 | Listed $459,999 |
General Features
| Utilities | Cable Available,City Sewer,City Water,Electricity Connected |
|---|---|
| Possession | Closing/Funding |
| Appliances | Gas Cooktop,Microwave |
| Assoc Fees | 1200 |
| Number of Garage Spaces | 2 |
| School District | Frankston ISD |
| HOA Fee Includes | Full Use of Facilities,Management Fees |
| Exclusions | All personal property. Antiques on the property |
| Year Built | 1954 |
| Levels | Two |
| Unexempt Taxes | 5654 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Lake Frankston |
| Transaction Type | For Sale |
| County | Anderson |
| Property Type | Residential |
| Construction Materials | Wood |
| Association Fee Frequency | Annually |
| Year Built Details | Preowned |
| HOA Type | Mandatory |
| Full Baths | 2 |
| Status | Active |
| Directions | From Frankston,take SH-155 S. Turn right on CR 332 to the gated Lake Frankston entrance. Continue onto PR 7332 and follow to Lots 65 & 66. |
| City | Frankston |
| Elementary School Name | Frankston |
| High School | Frankston |
| Elementary School | Frankston |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21361697 |
| Standard Status | Active |
| Listing Terms | 1031 Exchange,Cash,Conventional,FHA,VA Loan |
Interior Features
| Interior Features | Cable TV Available,Granite Counters |
|---|---|
| Fireplace Features | Wood Burning |
| Fireplaces Total | 1 |
| Dining Areas | 2 |
| Living Areas | 1 |
| Room Count | 9 |
| Half Baths | 1 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 3 |
Exterior Features
| Waterfront | Yes |
|---|---|
| Lot Features | Waterfront |
| Lot Size Source | Public Records |
| Parking Features | Garage |
| WaterFront Features | Dock – Uncovered,Lake Front |
| Lot Size | .5 to < 1 Acre |
| Covered Spaces | 2 |
| Lot Size Area | 0.5000 |
| Lot Size Units | Acres |
| Structural Style | Lake House |
| Garage Y/N | Yes |
| Lot Size Square Feet | 21780.0000 |
| Lot Size Acres | 0.5000 |
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
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real