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$589,900
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Property Description
Lakefront living starts here! Discover this waterfront homesite in the prestigious, gated Waters Edge subdivision on Lake Palestine, offering privacy, beautiful water views, and direct access to one of East Texas's most desirable lakes. Restricted to site-built homes only, this property is ideal for a custom lake house or weekend retreat. Electricity and water are available; a septic system will be required. *All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information, including restrictions, permitted uses, utilities, HOA details, and any required permits. Seller makes no warranties or representations regarding the property or its condition.
Full Property Details
Full Property Details for Tbd Carene Dr
General
- Price: $589,900
- HOA FEE: $88/month
- Taxes: $20,357
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21151743
- Updated: 2/27/2026
- Added to Site: 62 day(s) ago
Location
- County: Henderson
- Subdivision: Waters Edge
- Driving Directions: Carene Drive in Frankston, TX
School Information
- Elem School District: Brownsboro ISD
- Midd School District: Brownsboro ISD
- High School District: Brownsboro ISD
- Elementary School: Brownsboro
- High School: Brownsboro
Community
- Association: Yes
- Assoc. Name: Waters Edge
Utilities
- Water: Public
- Utility Description: Electricity Connected, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Property View: Water
- Lot Size (Acres): 3.554
- Lot Size (Sq. Ft.): 154,812.24
- Lot Features: Irregular Lot, Many Trees, Waterfront
- Development Status: Zoned
- Zoning: Residential
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Association Fee: $88
- Assoc Fee Freq.: Monthly
- Tax Amount: $20,357
Disclosures and Reports
- Legal Description: LT 15 AB 1 J M ACOSTA SUR, WATERS EDGE # 2, L
- Property ID: 45040000015010
- Lot Number: 15
Listed by Worth Clark Realty, Patty Geller
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Price & Sales History for Tbd Carene Dr
Date
Details
Price
Change
Source
1/12/2026
Listed
$589,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Tbd Carene Dr
Tbd Carene Drive, Frankston, TX 75763 (MLS# 21151743) is a Lots/Land property with a lot size of 3.554 acres. Tbd Carene Drive is currently listed for $589,900 and was received on January 12, 2026. Want to learn more about Tbd Carene Drive? 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.

