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$589,900 Just Listed
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Property Description
xperience true lakefront living with this elevated waterfront property in the prestigious Waters Edge subdivision on Lake Palestine, Texas, offering privacy, views, and direct access to one of East Texas's most desirable lakes. Designed for site-built homes only, this property is ideal for building a custom lake house that takes full advantage of the scenery, elevation, and shoreline. Electricity and water are already connected, allowing you to focus on design and construction, while a septic system will be required to complete your setup. The lot features approximately 200 feet of recessed bulkhead shoreline, providing the perfect foundation for a private boathouse, dock, or lakeside entertaining space. Set within a gated community, the property offers added privacy and controlled access, with the seller providing the entry code for showings. The elevated terrain enhances both the views and the buildability of the homesite, creating a dramatic setting for sunrise mornings and peaceful evenings overlooking the water. Whether you envision a full-time residence or a luxury weekend retreat, this property delivers the space and setting to bring that vision to life. The buyer is responsible for verifying all information with the County as to what can and can't be done with the property. The buyer will need to work with the County to obtain the proper permits if needed. Buyer will also need to confirm the availability of any utilities needed or serviced on the property. Seller makes no warranties or representations about the land, its condition, or what can be built on the property.
Full Property Details
Full Property Details for Tbd Carene Dr
General
- Price: $589,900
- Taxes: $20,357
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21151743
- Updated: 1/12/2026
- Added to Site: 5 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
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
- 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 Brix 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.

