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B+
NoAgentList RatingHow are grades calculated? Info
Days117Days on Market
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$279,000

22577 Lime Street, Frankston, TX, 75763

$322,809 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,417 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.43 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile, See Remarks, Tile, Vinyl

Exterior

Lot Size1.17 acres

Building Information

Roof Type105
Garage Spaces2

Land Information

APN3380-0002-0170-87
Lot Number17,21
SubdivisionLollipop Landing Addn (33)
Land UseResidential
Legal DescriptionLTS 17-21 AB 275 PETER & C C GARLAND SUR, LOLLIPOP LANDING #1, BLK 2 LTS 17-21, C/315
Census Tract951401
Assessed Land Value$90,000
Assessed Improvement Value$254,815
Assessment Year2025

About this property

In beautiful lake community On Lake Palestine. Spacious 1.17 acres, 2417 sq. Ft. Brick 2 story, 3 bdrm, 2.5 bath with large, detached workshop. Comfortable floor plan with spacious kitchen dining room combination. Large sunroom off the kitchen and office-library off the master bdrm. large laundry with lots of storage. upstairs 2 bedroom with Jack and Jill bath. Walking distance to the Subdivision boat ramp. Frankston ISD. Needs some TLC!

Investor Tools

Property Icon
$344,815
Estimated Property Value
$0Estimated Mortgage Balance
$218,685Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$322,808
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,069 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Dana Staples

Staples Sotheby's International Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,036
$344,815
2025
$90,000
$254,815
$344,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,036
$344,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Inc
Fha
$143,355
Yes
First
Jun 18, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,130
$218,685
63%
37%
$879/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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22577 Lime Street | Property Details | No Agent List