About This Home
This land at Tract 5 Hwy 155 in Frankston, TX is listed for $729,167 (52.50 acres).
Key Features
- 52.50 acre lot
This tract is estimated to be approximately 52.5 acres with frontage along SH 155. It is densely wooded with mature plantation Pine with the occasional large homestead Oak found scattered throughout. The tract has rolling terrain with elevation ranging from an approximate low of 390' ASL to an approximate high of 470' ASL.
The combination of these features as well as the close proximity to Lake Palestine and the City of Tyler make this a unique tract for homesite development. A buy and hold plan could implement timber management with future harvest income and still hold value as a very desirable home-site tract with some commercial potential. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.
Location
Tract 5 Hwy 155
Frankston, TX 75763
Questions & Answers
This 0-bedroom, 0-bathroom land at Tract 5 Hwy 155 is listed at $729,167. The estimated monthly payment is $3,900 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 52.50 acre lot.
This property is listed by Courtney Robertson and can be reached at (903) 677-3819.
