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Tract 1 Hwy 155

Frankston, TX 75763

$386,666 Pending

Land · 23.2 ac · $17K/ac

Acres23.2 acres
Price per acre$16,667 / acre
ZoningAgricultural
WaterNone per listing
SewerNone per listing
ElectricNone per listing
TypeUnimproved Land

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOANone listed
Price per acre$16,667
Exemptions notedAgricultural

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan could implement timber management with future harvest income and still hold value as a potential commercial property. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.

The details

Lot featuresAcreage
Water sourceNone per listing
SewerNone per listing
ElectricNone per listing

ZoningAgricultural
RestrictionsDeed, No Mobile Home
EasementsNone listed

Mineral rights aren't stated in this listing — verify with the title company before purchase.

ElementaryFrankston
Middle schoolFrankston
High schoolFrankston
DistrictFrankston ISD

MLS #20706992
Source
Price changeReduced by $63,334 · Jun 16, 2026
On the market661 days
CountyHenderson

Around this home

One moment…

Everyday life

Nearest grocerySpring Market · 3.8 mi
Nearest parkKickapoo Battlefield Monument · 5.6 mi

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Listing courtesy of RE/MAX Benchmark — Courtney Robertson.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20706992. Information last updated June 16, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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