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$649,900
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Property Description
Panoramic Lake Palestine views greet you from nearly every window in this beautifully renovated waterfront retreat. Offering approximately 250 feet of shoreline across three lots on deep water, tucked away on a quiet cul-de-sac and peninsula for ultimate privacy and presence. With additional lease-back area, the total footprint may span approximately 0.80 acres. Located in a neighborhood that allows short-term rentals, this home presents exceptional flexibility whether as a full-time residence, weekend escape, or income-producing investment. The main level offers an inviting living space with custom built-ins and a fireplace, flowing seamlessly into a spacious dining area, and kitchen with granite countertops, stainless steel appliances, with reverse osmosis and room for a deep freezer. Down the hall you'll find a full bathroom with a large walk-in shower and two spacious bedrooms with lake views. Downstairs, the lower level is ideal for multi-generational living or rental flexibility. A private primary suite captures stunning lake views and includes an en suite full bathroom. An additional living area with a cozy wood-burning stove, and lake views as well, with a generous sized fourth flex bedroom with a walk-in closet. Plus a spacious utility room or a future 2nd kitchen could immediately turn this home into a multifamily unit or investment opportunity. Outdoor living is just as impressive, with updated wraparound decks on both levels, all positioned to maximize sunset views and lakeside entertaining with privacy. The boathouse features two slips with motorized lifts, making lake days seamless and year-round enjoyment effortless. The versatile layout and generous parking and multiple entrances on both levels make hosting effortless and stairs not necessary for access. Move-in ready with extensive improvements including a brand-new roof and gutters, fresh interior and exterior paint, newer windows, flooring and numerous additional upgrades throughout.
Full Property Details
Full Property Details for 7270 E Panorama Dr
General
- Price: $649,900
- HOA FEE: $120
- Taxes: $749 (2025)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 25016920
- Updated: 2/25/2026
- Added to Site: 134 day(s) ago
Interior
- Rooms/Areas: Utility Room, Other/See Remarks, 2 Living Areas
- Interior Features: Ceiling Fan, Blinds, Smoke Alarm, Other/See Remarks
- Fireplace: Yes
- Fireplace(s): One Wood Burning, Freestanding
- Appliances: Range/Oven-Electric, Dishwasher, Microwave, Pantry, Other/See Remarks
- Flooring: Carpet, Tile, Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Master Bedroom Split, Walk-In Closet
- Bedroom 1: 14 x 13
- Bedroom 2: 11 x 12
- Bedroom 3: 12 x 12.8
- Bedroom 4: 21 x 13.7
Other Rooms
- Living Room: 20 x 17
- Dining Room: Breakfast Bar, Formal Living Combo, 14.8 x 16
Additional Information
- Shared Amenities: Common Areas, Fishing, Boat Ramp, Boat Dock - Slip, Playground
- Pool Description: None
Exterior
- Exterior Features: Pier & Deck, Patio Open, Deck Open, Deck Covered, Balcony, Gutter(s), Porch
Parking
- Garage Description: Boat Storage, Front Entry
Location
- County: Henderson
- Subdivision: Brierwood Bay
- Driving Directions: From Tyler, head South on HWY 155 and turn Right onto Valley View Dr. Take the first Right onto Briewood Dr and follow as it turns into Panarama Dr. The property will be at the end of the street on the Left.
School Information
- Elementary School: Brownsboro
- Middle School: Brownsboro
- High School: Brownsboro
Community
- Association: Yes
Heating & Cooling
- Cooling Type: Central Electric, Attic Fan, Ceiling Fan(s)
- Heating Type: Central/Electric, Fireplace
- Water Heater: Standard-Electric
Utilities
- Sewer: Aerobic Septic Sys
- Water Company: TX Water Utilities
- Water: Community
- TV Service: Cable
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Brick and Wood, Siding
- Foundation: Slab
- Roof: Composition
- Square Feet: 2,694
- Sq. Ft. Source: Appraisal
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.369
- Lot Dimensions: 134 x 152 x 213
- Driveway/Sidewalk: Concrete
- Lot Description: Cul-De-Sac, Subdivision Lot, Water/Lakefront, Waterview
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Name: Lake Palestine
Financial Considerations
- Association Fee: $120
- Tax Amount: $749
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Must Qualify, VA
Disclosures and Reports
- Special Conditions: Fees/Assessments Required, Homeowner's Assn Dues
- Docs Filed: Deed Restrictions, Floor Plan, Survey Plat
Listed by Texas Premier Realty, Jenny Lynn McCorkle
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Schools
Schools serving 7270 E Panorama Dr
School District:Brownsboro Independent School District
| Name | Grades | Distance |
|---|---|---|
Brownsboro High School 13942 State Highway 31 East, Brownsboro, TX 75756 | 9-12 | 13.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7270 E Panorama Dr
Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$649,900
-3.72%
MLS
1/06/2026
Price Reduced
$675,000
-2.86%
MLS
11/20/2025
Listed
$694,900
—
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 7270 E Panorama Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$750
-34%
$328,666
10%
2023
$1,131
—
$299,060
10%
2023
$1,131
-30%
$272,145
-63%
2022
$1,612
—
$733,060
135%
2021
$1,616
—
$312,000
41%
2020
$1,618
—
$220,590
18%
2019
$1,621
-1%
$186,830
—
2018
$1,634
1%
$187,200
2%
2017
$1,625
—
$184,350
—
2016
$1,625
—
$184,350
—
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 7270 E Panorama Dr
7270 E Panorama Dr, Frankston, TX 75763 (MLS# 25016920) is a Single Family property with 4 bedrooms and 2 full bathrooms. 7270 E Panorama Dr is currently listed for $649,900 and was received on November 20, 2025. Want to learn more about 7270 E Panorama Dr? Do you have questions about finding other Single Family real estate for sale in Frankston? You can browse all Frankston real estate or contact a Coldwell Banker agent to request more information.

