5494 An County Road 309

frankston, Tx 75763

Price: $350,000
Property Type: Residential
MLS #: 26010844
County: Anderson
Year Built: 2020
Bedrooms: Three
Bathrooms: Two
Square Feet: 1878
Garage: 0
Acres: 1.14
Elementary School: Frankston
Middle School: Frankston
High School: Frankston
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.
FLOORING
Decorative Concrete
Vinyl
STYLE
Log
HVAC
Central Electric
Interior Features
Master Bedroom Split
Ceiling Fan
Kitchen
Electric Range
Dishwasher
Porch
Covered
DRIVEWAY
Garage
HVAC
Zoned-2
Interior Features
Walk-In Closet
FIREPLACE
Other
Kitchen
Microwave
Construction Materials
Cement Siding
Log
Extra Buildings
Workshop
FENCING
Wood
Terrain
Rectangular Lot
SEWER
Aerobic Septic
FENCING
Chain Link
Kitchen
Refrigerator
Water Source
Cooperative
DRIVEWAY
Workshop in Garage
See Remarks




Courtesy: Davidson, Cherie • Berkshire Hathaway HomeService • 713-862-0000

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This content last refreshed on 08/05/2026 08:30 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.