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$695,000

NAL Estimated Property Value

0 County Road 305, Frankston, TX, 75763

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Welcome to prime land on the border of Anderson and Henderson County, near Lake Palestine. This exceptional property combines natural beauty with development potential, ideal for those seeking privacy and a connection to the outdoors. The land’s rolling hills, forests, and open meadows create stunning views and perfect terrain for ATV trails, horseback riding, and prime hunting spots. 47 acres of mixed pine and hardwood forest and 12 acres of open pasture, the property offers excellent opportunity to enjoy unbeatable wildlife. A spring-fed lake adds opportunities for fishing, watering livestock, or simply enjoying peaceful moments by the water. Located on CR 305, just 1mi from HWY 175 and 2mi from Frankston, with Tyler 30 minutes away. Surrounded by large-acreage, this secluded property benefits from timber tax exemption and is managed for forest conservation. Whether you dream of building a homestead, running cattle, hunting, or just escaping to the country, this ranch offers it all.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Frankston

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0 County Road 305 | Property Details | No Agent List