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$ 729,167
Est. payment /mo
Active
Tract 5 Hwy 155 Frankston, TX 75763
52.5 Acres Lot
UPDATED:
08/21/2024 02:10 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20707575
HOA Y/N None
Lot Size 52.500 Acres
Acres 52.5
Property Description
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
State TX
County Henderson
Zoning Architectural
Direction 32.1051, -95.4928
Exterior
Utilities Available None
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Frankston
Middle Schools Frankston
High Schools Frankston
School District Frankston Isd
Others
Restrictions Deed
Ownership John Coleman Cain Trust
©2024 North Texas Real Estate Information Systems.
Listed by Courtney Robertson • RE/MAX Benchmark