This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
$2,000,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
Property Description
42 private, wooded acres on Caney Bay at Lake Palestine with mature pines and hardwoods plus a spring fed creek! This feels very secluded yet is minutes from town. A lakeside woodland retreat perfect for a private residence with several spectacular home sites on an elevated part of the property overlooking the water. Deer, fox, and a multitude of waterfowl share use of this property. There is a wildlife program in place currently that could be continued, along with timber management. This would also be a fabulous tract for recreational use. Opportunities to own acreage on the Lake are few and far between, call for your private showing!
Full Property Details
Full Property Details for 000 Fm-3506
General
- Price: $2,000,000
- Taxes: $205
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21001199
- Updated: 1/7/2026
- Added to Site: 262 day(s) ago
Location
- County: Henderson
- Subdivision: Rural
- Driving Directions: From Tyler Loop 323 take Hwy 155 south to FM 3506 in Coffee City. Turn right on 3506. Property is @ 2.9 miles on the Right. SIY
School Information
- Elem School District: Brownsboro ISD
- Midd School District: Brownsboro ISD
- High School District: Brownsboro ISD
- Elementary School: Brownsboro
- High School: Brownsboro
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Other, Recreational, See Remarks, Timber
Lot Features
- Lot Size (Acres): 42.53
- Lot Size (Sq. Ft.): 1,852,606.8
- Lot Size Source: Public Records
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage, Rolling Slope, Many Trees, Waterfront
- Development Status: Other
- Potential Use: Development, Horses, Investment, Residential, Recreational, Single Family, See Remarks
- Zoning: Mixed
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water Front Name: Palestine
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Tax Amount: $205
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Other
- Legal Description: TR 19B 1, 3, 4 & 5 AB 5 M CortinasSUR
- Disclosures/Rstr.: Other
- Property ID: 312623
- Block: AB 5
- Lot Number: 19B1
Listed by Staples Sotheby's International Realty LLC, Mimi Burch
Get Pre-Approved Today
Price & Sales History for 000 Fm-3506
Date
Details
Price
Change
Source
7/15/2025
Listed
$2,000,000
—
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 000 Fm-3506
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,682
—
$378,450
—
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 000 Fm-3506
000 Fm-3506, Frankston, TX 75763 (MLS# 21001199) is a Lots/Land property with a lot size of 42.53 acres. 000 Fm-3506 is currently listed for $2,000,000 and was received on July 15, 2025. Want to learn more about 000 Fm-3506? 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.

