Welcome to your dream waterfront retreat on the serene shores of Lake Palestine in Frankston, TX! This meticulously crafted custom-built home, completed in 2021, offers the perfect blend of luxury, comfort, & natural beauty approximately 30 minutes from thriving Tyler, TX. Spanning two levels, the residence encompasses four bedrooms, including a luxurious master suite on main level, two & a half baths, & a convenient office space that doubles as a dining area. Each level is thoughtfully designed with its own kitchen, living & utility area, offering flexibility & privacy for both family & friends. The expansive windows on both floors flood the interior with natural light & views of the tree shaded back yard & wildlife. The owners' attention to detail is evident in every aspect of the property, from the beamed vaulted ceiling, stone WBFP w/ wrap around seating, to the strategically placed boathouse & carefully trimmed trees, ensuring unobstructed views & maximum enjoyment of the lake. Embrace outdoor living at its finest with three distinct outdoor spaces, including an inviting screened porch off the master suite, an open deck extending from the kitchen, & a covered & open patio & firepit accessible from the walk-out lower level. Situated on a generous .57-acre+ lot, enjoy sparkling views of the tranquil waters. A true haven for the avid fisherman, kayakers, & those who enjoy the peacefulness of nature, this property features a two-level boat house including boat slip w/ lift, ensuring effortless access to endless days of boating adventures. Upper deck of the boathouse provides an ideal vantage point for soaking in the sun or savoring morning coffee against the backdrop of the shimmering lake. And you have plenty of space to add extra slips & seating areas if desired. Don't miss the fish pond, 3 garage bays (2 in front, 1 heated & cooled in back), bonus heated/cooled sleep space above the garage, and an enchanting 'kids cabin' 2 level nook! Let your lake life begin!
Sold
Price Unknown
21425 Stevenson Rd, Frankston, TX 75763
4beds
3,240sqft
Single Family Residence
Built in 2021
0.57 Acres Lot
$977,200 Zestimate®
$--/sqft
$3,220 Estimated rent
Home value
$977,200
$821,000 - $1.16M
$3,220/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 02, 2025 at 10:03am
Listed by:
Dana Staples 903-724-2477,
Staples Sotheby's International Realty,
Jana Dillard 970-948-9731
Bought with:
Julie Taylor, TREC# 0697904
Source: GTARMLS,MLS#: 25002835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Master Bedroom Split, Sitting Area in Master
Bedroom
- Features: Walk-In Closet(s)
Bedroom 1
- Area: 224
- Dimensions: 14 x 16
Bedroom 2
- Area: 144
- Dimensions: 16 x 9
Bedroom 3
- Area: 144
- Dimensions: 16 x 9
Bedroom 4
- Area: 120
- Dimensions: 10 x 12
Bathroom
- Features: Shower Only, Dressing Area, Walk-In Closet(s), Ceramic Tile, Carpet, Linen Closet
Kitchen
- Features: Kitchen/Eating Combo, Breakfast Bar
Heating
- Central/Electric, Central/Gas
Cooling
- Central Electric, Central Gas
Appliances
- Included: Range/Oven-Electric, Dishwasher, Microwave, Refrigerator, Gas Cooktop, Tankless Gas Water Heater
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Pantry, Kitchen Island
- Flooring: Carpet, Wood, Laminate, Tile
- Windows: Blinds, Double Pane Windows, Tinted Windows
- Number of fireplaces: 1
- Fireplace features: One Wood Burning, Stone
Interior area
- Total structure area: 3,240
- Total interior livable area: 3,240 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Faces Rear, Garage Faces Front
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Screened Porch, Patio Open, Deck Open
- Exterior features: Sprinkler System, Lighting, Boat Slip
- Pool features: None
- Fencing: None
- Waterfront features: Waterfront, Water/Lakefront
- Body of water: Lake Palestine
Lot
- Size: 0.57 Acres
- Dimensions: 95 x 246 x 108 x 236
- Features: Wooded, Subdivision Lot, Rectangular Lot
Details
- Additional structures: Boat House
- Parcel number: 311011
- Special conditions: None,As-Is Condition @ Closing
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick and Stone, Foam Insulation
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public, Company: Southwest Water Co
- Utilities for property: Underground Utilities, Satellite Internet
Green energy
- Energy efficient items: Water Heater, Thermostat
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Frankston
- Subdivision: Water Ridge West
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2025 | Sold | -- |
Source:  GTARMLS #25002835 Report a problem | ||
| 4/10/2025 | Pending sale | $998,500$308/sqft |
Source:  HAR #77893886 Report a problem | ||
| 4/10/2025 | Contingent | $998,500$308/sqft |
Source: NTREIS #20861036 Report a problem | ||
| 3/3/2025 | Listed for sale | $998,500$308/sqft |
Source: GTARMLS #25002835 Report a problem | ||
| 2/25/2025 | Pending sale | $998,500$308/sqft |
Source: GTARMLS #25002835 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,330 -25.8% | $525,460 +9.8% |
| 2024 | $7,185 -0.4% | $478,600 +2.1% |
| 2023 | $7,216 -8.8% | $468,600 |
Find assessor info on the county website
Neighborhood: 75763
Nearby schools
GreatSchools rating
- 7/10Chandler Intermediate SchoolGrades: 4-6Distance: 11.1 mi
- 7/10Brownsboro Junior High SchoolGrades: 7-8Distance: 13.9 mi
- 4/10Brownsboro High SchoolGrades: 9-12Distance: 14.2 mi
Schools provided by the listing agent
- Elementary: Brownsboro
- Middle: Brownsboro
- High: Brownsboro
Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.