For sale

Frankston Farm - Tract 3

Acreage

35 ±

County

Henderson

Price

$583,333

Description

This property is a great investment potential whether you are looking to buy and hold or develop into some commercial use with close proximity to Frankston, Tyler, and Lake Palestine. The property has great road frontage along SH 155. Currently, the property is a timber investment with a good stand of pine timber that has already had some thinning as part of a management plan. A buy and hold plan could implement timber management with future harvest income and still hold value as a potential commercial property. This property is part of a larger parcel being offered as three individual tracts.

Summary

Property

Road Surface

Pavement

Property Type

Timberland, Undeveloped Land, Commercial Land

Road Frontage

State Highway

Approximate Distances

4 mi	Frankston
21 mi	Tyler
102 mi	Dallas

Utilities

electric: nearby

internet: nearby

cable: nearby

telephone: nearby

water: nearby

Address E/S SH 155 Frankston, TX 75763

View on Google Maps

Details

Boundaries are approximate and to be surveyed upon contract of the desired tract
Some pictures in the listing were taken on various tracts still within the parent parcel
Excellent opportunity for investment and commercial potential
Great road frontage on SH 155
Close to Frankston and the surrounding Tyler area
Lake Palestine and nearby marina only minutes away