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.
Listed By
Agency Name: RE/MAX Benchmark
Agency Contact: 903-677-3819
Agent Name: Courtney Robertson
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimated Payment
$ 1,835.48 per month $1,622.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $212.67 Homeowner's Insurance
Tract 5 Hwy 155 | MLS# 20707575
This land located at Tract 5 Hwy 155, Frankston, TX 75763 is currently listed for sale with an asking price of $729,167. The property has approximately 52.50 Acres. Tract 5 Hwy 155 is located within the Frankston ISD school district. Search Frankston real estate on www.254sale.com today.