903-561-0170

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Lot 43 Oak River, Frankston, TX 75763

For Sale – $279,900 | Waterfront Cove Lot on Lake Palestine

Beautiful 0.90-acre waterfront cove lot located in the desirable Oak River subdivision on Lake Palestine. This lot sits on the deep water side of the lake, offering a prime setting for a future lake home, weekend getaway, or investment property.

Property features:

  • 0.90 acres
  • Waterfront (cove lot)
  • Approx. 100 ft of shoreline
  • Located on deep water side of Lake Palestine
  • Oak River subdivision
  • Electric available (on site)
  • Community water available
  • Conventional or aerobic septic
  • Wooded with mixed timber
  • Deed restrictions in place
  • HOA: $750/year
  • Gated community

Community amenities include:

  • Gated entrance
  • Community lakefront park
  • Private boat ramp
  • Lakefront trails and common areas

📌 Additional Info:
This is a prime cove lot offering a more protected, quiet setting while still being on deep water—ideal for boating and long-term value. Multiple lots available including waterfront, lakeview, interior, and boathouse opportunities.

📌 Showing Instructions:
By appointment only.
Text listing agent (Nathan Spillman or Hammond Fender) for gate access and additional details.