Welcome to your next opportunity! This 3-bedroom, 2-bathroom home sits on .83 of an acre in a lovely lake community on Lake Palestine. Inside, the home offers a functional layout with large living area, eat-in kitchen, and generous bedroom sizes .Primary en-suite with double walk-in closets and huge jetted tub! Though it needs some TLC and updating, the potential is undeniable and the price makes it affordable. 2 large lots equaling almost an acre, beautiful mature trees, RV carport, storage shed with 240-volt receptacle, and an extra enclosed garage. Very peaceful setting with minimal HOA fees and restrictions. Sit in the sunroom and enjoy all the nature this property divulges! Access to boat ramp/launch, swimming, fishing, and much more! Newest appraisal coming in at $310K! Bring your vision and make this home truly your own!
For sale
$220,000
23319 Peninsula Point, Frankston, TX 75763
3beds
1,481sqft
Est.:
Single Family Residence
Built in 1984
0.83 Acres Lot
$215,200 Zestimate®
$149/sqft
$4/mo HOA
What's special
Extra enclosed garageEat-in kitchenHuge jetted tubSit in the sunroomBeautiful mature treesGenerous bedroom sizesRv carport
- 28 days |
- 524 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 06:01am
Listed by:
Lacy Turner 903-253-5444,
Platinum Realty Group Tyler LLC
Source: GTARMLS,MLS#: 26002839
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room, Sunroom, 1 Living Area
Bedroom
- Features: Walk-In Closet(s)
- Level: Main
Bathroom
- Features: Shower Only, Tub Only, Double Lavatory, Separate Walk-In Closets, Ceramic Tile, Linen Closet, Soaking Tub
Kitchen
- Features: Kitchen/Eating Combo, Breakfast Bar
Heating
- Central/Electric, Fireplace(s)
Cooling
- Central Electric, Ceiling Fan(s)
Appliances
- Included: Range/Oven-Electric, Dishwasher, Disposal, Refrigerator, Electric Water Heater
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Pantry
- Flooring: Carpet, Laminate, Vinyl
- Windows: Blinds
- Attic: Attic Stairs
- Has fireplace: Yes
- Fireplace features: Gas Starter, Blower Fan, Glass Doors, Gas Log, Brick
Interior area
- Total structure area: 1,481
- Total interior livable area: 1,481 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door w/Opener w/Controls, Golf Cart Garage, Boat, Workshop in Garage, RV Access/Parking, Other/See Remarks, Garage Faces Front
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened Porch, Deck Open
- Exterior features: Sprinkler System, Gutter(s)
- Pool features: None
- Has spa: Yes
- Spa features: Bath
- Fencing: Chain Link
- Body of water: Lake Palestine
Lot
- Size: 0.83 Acres
- Features: Subdivision Lot
Details
- Additional structures: Storage, Workshop, Other
- Parcel number: 285935
- Special conditions: None,As-Is Condition @ Closing
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick and Wood
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1984
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Septic Tank
- Water: Community, Company: City Of Berryville
Community & HOA
Community
- Features: Fishing, Boat Ramp, Lake
- Subdivision: Three Points Estates
HOA
- Has HOA: Yes
- HOA fee: $50 annually
Location
- Region: Frankston
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $301,787
- Annual tax amount: $1,547
- Date on market: 3/1/2026
- Listing terms: Conventional,FHA,VA Loan,Must Qualify,Cash
- Road surface type: Gravel
Estimated market value
$215,200
$204,000 - $226,000
$1,633/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/1/2026 | Listed for sale | $220,000-11.6%$149/sqft |
Source:  GTARMLS #26002839 Report a problem | ||
| 2/26/2026 | Listing removed | $249,000$168/sqft |
Source: NTREIS #20850670 Report a problem | ||
| 9/17/2025 | Price change | $249,000-5%$168/sqft |
Source: GTARMLS #25007257 Report a problem | ||
| 8/7/2025 | Price change | $262,000-3%$177/sqft |
Source: GTARMLS #25007257 Report a problem | ||
| 5/14/2025 | Price change | $270,000+22.7%$182/sqft |
Source: GTARMLS #25007257 Report a problem | ||
| 2/25/2025 | Listed for sale | $220,000$149/sqft |
Source: NTREIS #20850670 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $412 | $224,890 +10% |
| 2024 | $412 +11.1% | $204,445 +10% |
| 2023 | $371 -35.8% | $185,859 -22.5% |
| 2022 | $578 -6.6% | $239,710 |
| 2021 | $619 +7.1% | -- |
| 2020 | $578 -6.6% | -- |
| 2019 | $619 | $141,050 +22.2% |
| 2018 | $619 +7.1% | $115,400 +1.9% |
| 2017 | $578 | $113,280 |
| 2016 | $578 -7.2% | $113,280 |
| 2015 | $623 -15.2% | $113,280 |
| 2014 | $735 | $113,280 |
| 2013 | -- | $113,280 |
| 2012 | -- | $113,280 |
| 2011 | -- | $113,280 |
| 2010 | -- | $113,280 |
| 2009 | -- | $113,280 -3.9% |
| 2008 | -- | $117,860 +29.4% |
| 2007 | -- | $91,100 |
| 2006 | -- | $91,100 +2.4% |
| 2005 | -- | $88,990 +4.4% |
| 2004 | -- | $85,260 -13.7% |
| 2003 | -- | $98,820 +8.3% |
| 2002 | -- | $91,210 +10% |
| 2001 | -- | $82,920 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,340/mo
Principal & interest
$1134
Property taxes
$202
HOA Fees
$4
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Climate risks
Neighborhood: 75763
Nearby schools
GreatSchools rating
- 9/10Frankston Elementary SchoolGrades: PK-5Distance: 3 mi
- 7/10Frankston Middle SchoolGrades: 6-8Distance: 3 mi
- 6/10Frankston High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Frankston
- Middle: Frankston
- High: Frankston
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 75763
- Texas
- Henderson County
- Berryville
- 75763
- 23319 Peninsula Point
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