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5494 An County Road 309
Frankston, Tx 75763

Price: $350,000
Property Type: residential
MLS #: 26003861
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.
Area: Anderson
Year Built: 2020
Bedrooms: Three
Bathrooms: Two
Garage: 0
Acres: 1.14
CONSTRUCTION : Log
COOLING : Central Electric
DINING AREAS : Kitchen/Eating Combo
FENCING : Wood Fence
FIREPLACE : None
INTERIOR : Ceiling Fan
KITCHEN EQUIPMENT : Range/Oven-Electric
KITCHEN EQUIPMENT : Dishwasher
KITCHEN EQUIPMENT : Microwave
KITCHEN EQUIPMENT : Refrigerator
OUTBUILDINGS : Work Shop
STYLE : Log
FENCING : Chain Link Fence
FLOORING : Decorative Concrete
FLOORING : Vinyl
CONSTRUCTION : Concrete Based Siding
COOLING : Zoned-2
POOL/SPA : None
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