Frankston, TX 75763,Tract 5 Hwy 155
Frankston, TX 75763,Tract 5 Hwy 155
Frankston, TX 75763,Tract 5 Hwy 155
29
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$729,167
Est. payment /mo
52.5 Acres Lot
Active

Tract 5 Hwy 155 Frankston, TX 75763

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UPDATED:

08/21/2024 02:10 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20707575

HOA Y/N None

Lot Size 52.500 Acres

Acres 52.5

Property Description

This tract is estimated to be approximately 52.5 acres with frontage along SH 155. It is densely wooded with mature plantation Pine with the occasional large homestead Oak found scattered throughout. The tract has rolling terrain with elevation ranging from an approximate low of 390? ASL to an approximate high of 470? ASL. The combination of these features as well as the close proximity to Lake Palestine and the City of Tyler make this a unique tract for homesite development. A buy and hold plan could implement timber management with future harvest income and still hold value as a very desirable home-site tract with some commercial potential. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.

Location

State TX

County Henderson

Zoning Architectural

Direction 32.1051, -95.4928

Exterior

Utilities Available None

Garage No

Building

Lot Description Acreage

Schools

Elementary Schools Frankston

Middle Schools Frankston

High Schools Frankston

School District Frankston Isd

Others

Restrictions Deed

Ownership John Coleman Cain Trust


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Courtney Robertson • RE/MAX Benchmark

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Nkoli Ogwuru

Broker Associate | License ID: 0671975

+1(214) 548-8990

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Tract 5 Hwy 155