- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
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$275,000
Monthly Est:$1,369
-- Bed
- -- Bath
1.86acres lot
11524 Drakes Lndg, Frankston, TX 75763
$275,000
$1,369/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
1.86 acres lot
$147,849/acre
Description
This 1.86 acre waterfront lot in a small, quiet neighborhood just outside Frankston on Lake Palestine is exactly what you’ve hoped to find! Here on Cobb's Inlet you would own all the way to the water---unusual for Lake Palestine! With a cul de sac location, towering established trees and a recently built boathouse and bulkhead, this is not your typical lake lot with 324' of shoreline! The boathouse provides an air-conditioned room to escape from the heat of the day with a sink, refrigerator and microwave for ease of entertaining. You could spend the occasional night here as well with a portable bathroom on site with air conditioning, that holds its own enclosed septic tank. Bonus storage room is perfect for lake toys and has a shower to rinse off in. The boathouse also has a one slip electric lift, a fish cleaning station, covered area for protection from the sun and rain and the perfect spot to fish right from the dock with wide stairs leading down to the water. The view is fantastic with a pine forest across the water. All this with water and electric provided--- all you need to bring would be your new house plans and prepare for life on the lake!
- Houzeo last checked: 1 minute ago
- Listing updated: July 15, 2026 at 3:06 pm
- Listing Provided by: Mimi Burch | Staples Sotheby's International Realty LLC (903) 630-4321
- Source: NTREIS MLS-TX | MLS#: 20861082

Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
1.86 acres lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
20861082
MLS Status
Pending
Cumulative Days on Market
497

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Exterior Features
Boat Slip, Other
Utilities & Energy
Utilities
Electricity Connected, See Remarks
Other Features
Lot Features
Other, Many Trees, Subdivision, Waterfront, Retaining Wall, Sloped
Subdivision Name
Lakeside Estate
Disclosures
Deed Restriction
Price History
| Date | Event | Price |
|---|---|---|
07/15/2026 Source: | Pending | $275,000 $0/sqft |
03/18/2026 Source: | Price Decreased | $275,000 -16.41% $0/sqft |
08/26/2025 Source: | Price Decreased | $329,000 -5.73% $0/sqft |
06/09/2025 Source: | Price Increased | $349,000 +26.91% $0/sqft |
03/04/2025 Source: | Listed for Sale | $275,000 -8.03% $0/sqft |
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Getting Around 11524 Drakes Lndg
Bike Score®
Somewhat Bikeable
22/100
Walk Score®
Car-Dependent
0/100
Data provided by Redfin
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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 31, 2026, 01:00AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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