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$229,000

0 Oak River (Lot 25 & B9), Frankston, TX, 75763

Off MarketInfo
Baths0 Bath

About this property

Discover the perfect setting for your lake retreat in the elegant, gated waterfront community of Oak River on Lake Palestine. This beautiful 1.069 acre water view lot includes a separate boathouse lot, offering easy access to lake fun, fishing, and relaxing days on the water. Mature trees, winding paved roads, and underground utilities enhance the natural beauty and refined feel of this thoughtfully designed neighborhood. An inviting double-gated entrance welcomes you into Oak River, where scenic views and quality amenities await. Build your dream home (1800 sq.ft. minimum) just a short distance from your boathouse, or begin enjoying Lake Palestine immediately by constructing your boathouse while you plan your new home. A rare opportunity to enjoy lake living at its finest in one of Lake Palestine’s newest and most picturesque developments.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /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 Oak River (Lot 25 & B9) | Property Details | No Agent List