




$343,000
NAL Estimated Property Value22731 Diamond Bay Dr, Frankston, TX, 75763
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About this property
MOTIVATED SELLER. BRING ALL OFFERS! This stunning 2BR with en-suite bathrooms home located in a cul-de-sac on beautiful Lake Palestine. Access to a private boat ramp and a fishing pier within a gated community with HOA fee $245 a year. The living room large windows provide plenty of natural light. The open concept living area seamlessly connects to the dining and kitchen spaces making it a nice place to entertain. The kitchen is a chef’s dream with stainless steel appliances, extra deep sink, ample counter & storage space, large island, granite countertops with a leather surface feel and rough-cut edges. Large windows in each bedroom add beautiful, natural light. Storage and workshop is available in the attached and detached garages. The large deck overlooks vegetable gardens, fruit trees, and other native plants. The front yard features native trees, shrubs, and flowers. This house is perfect for entertaining family and friends, or relaxing and enjoying the peaceful view of the lake.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Frankston
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