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$899,000

NAL Estimated Property Value

649 County Road 3009, Frankston, TX, 75763

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,710 Sq Ft
price_per_sqft$331.73 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater

Exterior

Exterior FeaturesBoat Slip, Storage

Building Information

Garage Spaces2

About this property

Live your best life on the water with this spectacular 5-bedroom, 3-bathroom waterfront home on Lake Palestine. Thoughtfully designed with both elegance and practicality, this property offers an open-concept layout and breathtaking lake views.The spacious living, dining, and kitchen areas flow seamlessly together, highlighted by stained concrete floors, custom cabinetry, and plenty of natural light. The kitchen is a chef’s dream, featuring granite countertops, a gas stove, and an abundance of cabinet space. The primary suite is a private retreat, offering his-and-her walk-in closets, a full shower, and a luxurious jetted tub. Relax in the expansive sunroom with hurricane-rated sliding doors and windows that frame stunning lake views. Energy efficiency is a top priority, with paid in full solar panels, a gas tankless Rinnai water heater, and a Generac generator for added convenience. The outdoor space is equally impressive, featuring a one-slip boathouse with an electric lift, a covered deck complete with a tiki wood bar, an enclosed storage room, a freshwater sink, and lighted flagpole. An extended open deck offers additional space to relax and soak up the sunshine. With an abundance of closet space, modern amenities, and serene surroundings, this home has everything you need for full-time waterfront living or the ultimate weekend getaway. Don’t miss your chance to own this slice of paradise on the deep end of Lake Palestine!

Investor Tools

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$899,000
Estimated Property Value
$0Estimated Mortgage Balance
$899,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$200/month
5.947%

City: Frankston

649 County Road 3009 | Property Details | No Agent List