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Sherry Wallace

realtybysherry@gmail.com +1(903) 216-3630

$350,000

Est. payment - /mo

3 Beds

2 Baths

1,878 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,878 sqft

Price per Sqft $186

Subdivision Rural

MLS Listing ID 26003861

Bedrooms 3

Full Baths 2

Construction Status Pre-owned

HOA Y/N No

Year Built 2020

Annual Tax Amount $2,432

Tax Year 2025

Lot Size 1.140 Acres

Acres 1.14

Property Sub-Type Single Family Residence

Source Greater Tyler Association of REALTORS

Property Description

Discover a unique opportunity just minutes from Lake Palestine! Situated on just over 1 acre and only 3 minutes from a convenient boat launch, this versatile property offers incredible potential for both peaceful comfortable living and income generation. This thoughtfully designed home features, two separate living quarters, making it ideal for multi-generational living or rental opportunities. Step through the main front entrance into a spacious layout that includes a well-sized kitchen, inviting living area, laundry space, and a private master suite. Continue through a flexible room, perfect as a bedroom or office; into a second fully functional living space, complete with its own full kitchen, living area, bedroom, and private front and back entrances. Previous owners successfully utilized this space as a one-bedroom rental, creating immediate income potential. The exterior adds even more value, featuring an RV-ready hookups with electric and septic, opening the door for additional rental income or guest accommodations. In the back is a 12x12 shop, wood shop or organize your fishing gear! Another standout feature of this property is the roof runoff collection system, designed to capture and store rainwater in the underground tanks, an excellent resource for maintaining a water reserve, especially during those hot Texas summers. Located just around the corner from local bait shops and multiple boat launches, this property is perfectly positioned to attract weekend visitors and lake enthusiasts looking to enjoy everything Lake Palestine has to offer. Whether you're searching for a primary residence, investment property, or weekend retreat, this home offers endless possibilities.

Location

State TX

County Anderson

Interior

Interior Features Master Bedroom Split, Walk-In Closet, Ceiling Fan

Heating Central/Electric, Zoned

Cooling Central Electric, Zoned-2

Flooring Decorative Concrete, Vinyl

Fireplaces Type Other

Furnishings Pre-owned

Appliance Electric Range, Dishwasher, Microwave, Refrigerator

Exterior

Exterior Feature Irrigation System

Parking Features Garage, Workshop in Garage, See Remarks

Fence Wood, Chain Link

Pool None

Roof Type Composition

Porch Covered

Building

Lot Description Rectangular Lot

Story One

Sewer Aerobic Septic

Water Cooperative

Construction Status Pre-owned

Schools

Elementary Schools Frankston

Middle Schools Frankston

High Schools Frankston

School District Frankston

Others

Senior Community No

Acceptable Financing Conventional, FHA, VA Loan, Cash, USDA Loan

Listing Terms Conventional, FHA, VA Loan, Cash, USDA Loan

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Greater Tyler Association of Realtors (GTAR)

Listed by Cherie Davidson Berkshire Hathaway HomeServices Premier Properties

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Sherry Wallace

+1(903) 216-3630

REALTOR® | License ID: 0532302

REALTOR® License ID: 0532302

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5494 An County Road 309 Frankston, TX 75763

Sherry Wallace

Key Details

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