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A+
NoAgentList RatingHow are grades calculated?Info
Days230Days on Market
Views1view
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$699,000

10637 Circle Pt, Frankston, TX, 75763

$908,700 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.32 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Cooktop

Building Information

Year Built2005
Garage Spaces2

Land Information

APN4345-0001-0200-87
Lot Number20
SubdivisionThree Points Ests (180)
Land UseResidential
Legal DescriptionLT 20 AB 9 M GOLIHER SUR, THREE POINTS ESTS, BLK 1 LT 20, B/95
Census Tract951401
Assessed Land Value$78,000
Assessed Improvement Value$676,175
Assessment Year2025

About this property

ELEGANT PLANTATION STYLE WATERFRONT ESTATE ON LAKE PALESTINE Welcome to your dream waterfront retreat on Circle Drive, offering nearly 3,900 square feet of Southern charms and timeless elegance. This plantation-style home features two complete living spaces, making it ideal for a large family, multi-generational living, or an exceptional income producing property. Upstairs, enjoy an inviting living area with a spacious kitchen, utility room, and a primary suite that opens through French doors onto a stunning balcony overlooking beautiful Lake Palestine. The master bath includes a relaxing whirlpool tub, and each bedroom offers tremendously large walk-in closets. There is also a guest bedroom with a private bath and large walk-in closet. Downstairs, the second full living space including a bedroom, full kitchen, utility room, and comfortable living area that flows to the two-car garage. Elegant details include black granite flooring in the kitchen, marble floors in the living area, and a fireplace for cozy evenings. Step outside to a sparkling swimming pool and a breathtaking backyard oasis where you can relax and take in million-dollar views of the lake. The home features two HVAC systems, two water heaters, and propane gas cooking. Located in the Frankston ISD, this property is perfect as a full-time residence, a luxurious weekend getaway, or a dual rental investment - live on one level and rent the other! Experience gracious Southern living and unforgettable views - this is Lake Palestine living at its finest.

Investor Tools

$100,844Estimated Mortgage Balance
$690,156Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$908,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,746 /month
Positive
Cash Flow Estimate:
$1,582 /month

Interested in this property?

Donna Douglas

Fathom Realty, LLC-Tyler

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,319
$622,231
2025
$78,000
$676,175
$754,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,319
$622,231

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southside Bank
Stand Alone First / Home Equity First Lien
$128,000
No
First
May 20, 2016
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,844
$690,156
87%
13%
$768/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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10637 Circle Pt | Property Details | No Agent List