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$429,900

NAL Estimated Property Value

0 Oak River (Lot 28), Frankston, TX, 75763

Off MarketInfo

About this property

Incredible 1.27-acre waterfront lot in Oak River, Lake Palestine’s newest premier waterfront subdivision! An elegant fenced& gated entrance welcomes you into this thoughtfully planned neighborhood, where winding roads meander through mature trees and offer picturesque views at every turn. This exceptional gently sloping lot is situated on a protected bay with approximately 127 feet of shoreline and showcases beautiful open-water views of the south end of the lake. Community amenities include underground utilities, a lakefront park, walking trails, and a boat ramp. You truly must see this property in person to appreciate the natural beauty and peaceful setting that Oak River has to offer.

Investor Tools

Property Icon
$429,900
Estimated Property Value
$0Estimated Mortgage Balance
$429,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,579 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

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

City: Frankston

0 Oak River (Lot 28) | Property Details | No Agent List