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Days96Days on Market
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$1,950,000

475 An County Road 435, Frankston, TX, 75763

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,062 Sq Ft
price_per_sqft$636.84 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesWater Heater, Water Softener, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Slate, Tile

Exterior

Lot Size82.79 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APN21458
SubdivisionGeorge B Gray
Land UseAgriculture / Farming
Legal DescriptionA0306 GRAY, GEORGE B BLOCK 788 TRACT 10, 11, 12 & 15
Census Tract950100
Assessment Year2025

About this property

Set on nearly 83 acres, this 3,061sf brick home built in 2023 blends craftsmanship with practicality. High ceilings, wider doors and hallways for ADA accessibility, solid maple cabinetry, solid wood doors, and crown molding carry quality throughout. The kitchen features quartzite countertops and two full size ovens, allowing multiple cooks to work comfortably. A classically designed study with built-in bookshelves provides a warm workspace, while a den just off the living area offers space for projects. The primary suite includes a large bath and his/hers closets. Storage is abundant, including elevator access to the above-garage storage area. The attached garage offers 868 sq ft. A reinforced concrete saferoom/storm shelter is located inside the home. A 40×78 building includes a 1,200sf workshop with 110/220 outlets, office, bathroom, HVAC, and two large equipment bays. Abundant wildlife make this property a hunter’s paradise, ideal for ranching, recreation, and so much more. Must See

Investor Tools

$0Estimated Mortgage Balance
$1,930,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,700 /month
Positive
Cash Flow Estimate:
$3,900 /month

Interested in this property?

Marci McLeod

Premier Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,917
$546,329
2025
N/A
N/A
$960,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,917
$546,329

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,930,000
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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