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$995,000

0 Hwy 155 & CR 435, Frankston, TX, 75763

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Excellent opportunity at the corner of Highway 155 and County Road 435 in the community of Pert, Texas. This versatile property features three ponds, gated access from both County Road 435 and Highway 155, and a water meter already in place along Highway 155. One of the ponds on the southwestern side of property is spring fed. A portion of the north side of the property is graced with majestic pecan trees. Electricity is already on property but is not currently being used. The land is fully fenced and includes an additional interior gate, along with a corral suitable for cattle, making it ideal for agricultural use, a homesite, or future development. With strong road frontage of 2,000 ft. on US State Highway 155, and about 1600 ft. on CR 435 this property allows for easy access. Such a peaceful East Texas setting just minutes from downtown Frankston to the north and Palestine to the south of property. This property offers exceptional flexibility and a remarkable tract of land for development.

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$0Estimated Equity
0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

Interested in this property?

Donna Douglas

Fathom Realty, LLC-Tyler

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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 Hwy 155 & CR 435 | Property Details | No Agent List