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$425,000

NAL Estimated Property Value

00 155 & CR 837 Highway, Frankston, TX, 75763

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Looking for a wonderful multi-purpose property? Here it is! 31.34 unrestricted acres with highway frontage on Hwy. 155 along with FM837. Hwy 155 has approximately 1450' of frontage. FM 837 has about 2083' of frontage. Entire property has about 3,533 of road frontage. There is an 1800 sq. ft. red barn with a tack room. There is also a horse walker. Seller has no information about working condition of walker. This property has been used for cattle in the past. There is a constant spring that bubbles up in the pasture. This was the means for watering cattle. Frankston Rural water would also be available. If you are looking to put in a community of homes, tiny homes or even rental RV spots, this would be a central location between Tyler & Palestine along with Jacksonville and Athens. This area is a wonderful place to live and invest!! Call Today About This Acreage!!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /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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00 155 & CR 837 Highway | Property Details | No Agent List