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$79,000

22151 Brierwood Dr, Frankston, TX, 75763

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths512 Sq Ft
Year BuiltBuilt in 2023

About this property

Great opportunity to own two lots being sold together in the established Brierwood Bay community on Lake Palestine! Located near Frankston, this lake community offers a peaceful setting with access to boating, fishing, a community boat ramp, playground, and common areas. Whether you’re looking to build your future home or enjoy a weekend getaway, these lots offer an opportunity to experience East Texas lake living. Conveniently located near Highway 155 with easy access to Tyler, shopping, and dining. Come enjoy all that Lake Palestine has to offer! Septic, Electric pole and water meter on Lot 87 per seller. Has not been used since 2010 when mobile home was removed - Buyer to verify

Investor Tools

$0Estimated Mortgage Balance
$319,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

Interested in this property?

Sandy Douglas

Staples Sotheby's Internationa

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

City: Frankston

22151 Brierwood Dr | Property Details | No Agent List