




$224,890
NAL Estimated Property Value23319 Peninsula Pt, Frankston, TX, 75763
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About this property
Welcome to your next opportunity! This 3-bedroom, 2-bathroom home sits on .83 of an acre in a lovely lake community on Lake Palestine. Inside, the home offers a functional layout with large living area, eat-in kitchen, and generous bedroom sizes .Primary en-suite with double walk-in closets and huge jetted tub! Though it needs some TLC and updating, the potential is undeniable and the price makes it affordable. 2 large lots equaling almost an acre, beautiful mature trees, RV carport, storage shed with 240-volt receptacle, and an extra enclosed garage. Very peaceful setting with minimal HOA fees and restrictions. Sit in the sunroom and enjoy all the nature this property divulges! Access to boat ramp-launch, swimming, fishing, and much more! Newest appraisal coming in at $310K! Bring your vision and make this home truly your own!
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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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