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$224,890

NAL Estimated Property Value

23319 Peninsula Pt, Frankston, TX, 75763

$284,752 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.55 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage

Building Information

Year Built1984
Roof Type105
Garage Spaces3

Land Information

APN4345-0005-0220-87
Lot Number22,23
SubdivisionThree Points Ests (180)
Land UseResidential
Legal DescriptionLTS 22 & 23 AB 9 M GOLIHER SUR, THREE POINTS ESTS, BLK 5 LTS 22 & 23, B/95
Census Tract951401
Assessed Land Value$7,000
Assessed Improvement Value$294,787
Assessment Year2025

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!

Investor Tools

Property Icon
$224,890
Estimated Property Value
$0Estimated Mortgage Balance
$224,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$284,751
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,349 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$412
$224,890
2025
$7,000
$294,787
$301,787
No

Tax History

Year
Tax Paid
Assessed Value
2024
$412
$224,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,890
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.

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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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23319 Peninsula Pt | Property Details | No Agent List