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$7,000
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Property Description
This vacant lot is the perfect opportunity to create your own retreat near the shores of Lake Palestine. With trees scattered throughout the property, you'll enjoy natural privacy, shade, and a peaceful setting-ideal for building a weekend getaway, full-time residence, or investment property. With no existing structures, this land offers a true blank canvas ready for your vision. Living near Lake Palestine means enjoying a relaxed lifestyle filled with boating, fishing, kayaking, and breathtaking sunsets over the water. The lake is known for its excellent bass fishing, quiet coves, and family-friendly atmosphere, making it a favorite destination for both full-time residents and weekend travelers. Located just outside Frankston, TX, you'll experience small-town charm with convenient access to local schools, dining, and community events-while still being a short drive to Tyler for shopping, healthcare, and entertainment. Frankston offers a welcoming atmosphere, lower cost of living, and a slower pace of life that many are seeking. Whether you're dreaming of a lake-area escape, a forever home surrounded by nature, or a smart investment in a highly desirable location, this property offers endless possibilities in one of East Texas' most loved lake communities.
Full Property Details
Full Property Details for 0 Philip Pl
General
- Price: $7,000
- HOA FEE: $10/month
- HOA FEE FREQ.: Annually
- Taxes: $54
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21133577
- Updated: 12/18/2025
- Added to Site: 30 day(s) ago
Location
- County: Henderson
- Subdivision: Brierwood Bay Sub
- Driving Directions: from Frankston turn left onto valley view dr. in .3 miles turn right onto Philip Place. In 800 feet arrive at destination. SIY
School Information
- Elem School District: Brownsboro ISD
- Midd School District: Brownsboro ISD
- High School District: Brownsboro ISD
- Elementary School: Chandler
- High School: Brownsboro
Community
- Association: Yes
- Assoc. Name: Brierwood Property Owner's Association
- Assoc. Fees Include: Association Management
Structural Information
- Detached/Attached: Detached
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Features: Many Trees, Subdivision
- Development Status: Other, Streets Installed
- Zoning: residential
Water Features
- Water Front Name: Palestine
Financial Considerations
- Association Fee: $120
- Assoc Fee Freq.: Annually
- Tax Amount: $54
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LT 1166 AB 1 J M ACOSTA SUR, BRIERWOOD BAY SU
- Property ID: 22150000B66010
- Lot Number: 1166
Listed by Elsie Halbert Real Estate, LLC, Kelsey Davis
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Price & Sales History for 0 Philip Pl
Date
Details
Price
Change
Source
12/18/2025
Listed
$7,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Philip Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,184
17%
$83,774
6%
2023
$1,012
—
$78,876
20%
2023
$1,012
-9%
$65,730
—
2022
$1,109
6%
$65,730
15%
2021
$1,045
9%
$57,310
12%
2020
$958
-7%
$51,130
-1%
2019
$1,026
4%
$51,440
10%
2018
$986
2%
$46,800
2%
2017
$967
—
$45,910
—
2016
$970
—
$45,910
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Philip Pl
0 Philip Place, Frankston, TX 75763 (MLS# 21133577) is a Lots/Land property with a lot size of 0.12 acres. 0 Philip Place is currently listed for $7,000 and was received on December 18, 2025. Want to learn more about 0 Philip Place? Do you have questions about finding other Lots/Land real estate for sale in Frankston? You can browse all Frankston real estate or contact a Coldwell Banker agent to request more information.

