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$646,000

NAL Estimated Property Value

121 PR 7009, Frankston, TX, 75763

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,987 Sq Ft
price_per_sqft$331.66 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator, Tankless Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesBoat Slip, Dock, Rain Gutters, RV Hookup, Storage
Lot Size23,988 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN62102
Lot Number22
SubdivisionMeadows Section I
Land UseResidential
Legal DescriptionMEADOWS SECTION I LOT 22
Census Tract950100
Assessed Land Value$70,000
Assessed Improvement Value$487,062
Assessment Year2025

About this property

Discover this stunning waterfront retreat on Lake Palestine! Nestled in the picturesque Meadows neighborhood, this 2007brick home boasts solid construction with 2X6 framing and efficient energy-saving features like extra insulation. Impeccable landscaping, including peach and persimmon trees, and a dedicated garden space enhance the outdoor charm. The property also has a sprinkler system pumping from the lake and a generator that will run the house! The storage building even includes a fully functional shower and toilet. Take advantage of the included boathouse, complete with a boatlift and jet-ski lift, for ultimate waterfront living. Additionally, the community offers a boat launch and picnic tables at the common area, providing a serene environment to take in the magnificent deep-end lake views. Don't miss this opportunity for lakeside living with all the extras!

Investor Tools

Property Icon
$646,000
Estimated Property Value
$0Estimated Mortgage Balance
$646,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,954 /month
Positive
Cash Flow Estimate:
$1,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,059
$557,062
2025
$70,000
$487,062
$557,062
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,059
$557,062

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$646,000
100%
0%
$0/mo

City: Frankston

121 PR 7009 | Property Details | No Agent List