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$213,000

NAL Estimated Property Value

23175 Edgewater Drive, Frankston, TX, 75763

$235,854 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,499 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.76 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range
FlooringWood

Exterior

Lot Size14,331 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces2

Land Information

APN4335-0010-0120-87
Lot Number12,12R
SubdivisionThousand Pine Ranch Ests (268)
Land UseResidential
Legal DescriptionLT 12 AB 9 M GOLIHER SUR, THOUSAND PINE RANCH ESTS, BLK 10 LT 12 (LT 12R ON REPLAT F/217)
Census Tract951401
Assessed Land Value$3,000
Assessed Improvement Value$238,574
Assessment Year2025

About this property

Back on the market due to buyers contingency falling thru! All inspection report repairs have been completed along with a new roof! Super cute and cozy 2bd-2ba home sitting on half acre, located close to Lake Palestine. Detached 2 car garage, fenced backyard for pets and plenty of room on the adjacent lot for additional home or RV. Beautiful tall trees for plenty of shade. Home has wood laminate, and brick flooring throughout; wood burning fp insert; kitchen boasts farmhouse sink, trendy open shelving, Spanish cedar countertops and all the extra details that make the open living-dining area the perfect space for entertaining! Master suite is located upstairs. This property would be a fabulous investment as an AirBnB.

Investor Tools

Property Icon
$213,000
Estimated Property Value
$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$235,854
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,417
$211,578
2025
$3,000
$238,574
$241,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,417
$211,578

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
100%
0%
$0/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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23175 Edgewater Drive | Property Details | No Agent List