Land

Tract 5 Hwy 155

Frankston, Texas 75763

$729,167

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Description

This tract is estimated to be approximately 52.5 acres with frontage along SH 155. It is densely wooded with mature plantation Pine with the occasional large homestead Oak found scattered throughout. The tract has rolling terrain with elevation ranging from an approximate low of 390’ ASL to an approximate high of 470’ ASL. The combination of these features as well as the close proximity to Lake Palestine and the City of Tyler make this a unique tract for homesite development. A buy and hold plan could implement timber management with future harvest income and still hold value as a very desirable home-site tract with some commercial potential. This property is part of a larger parcel being offered as 21 individual tracts, ranging from 20 to 94.5 acres.

Property Details

MLS Number:
20707575
Status:
Active
Property Type:
Land
Subtype:
Unimproved Land
Lot Acres:
52.5000
Zoning:
Architectural

Directions

32.1051, -95.4928

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