5494 An County Road 309, Frankston

$350,000

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3

Beds

2

Baths

1,878

Square feet

1.14

Acres

About 5494 An County Road 309

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.

Features of 5494 An County Road 309

MLS® # 26010844
Price $350,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,878
Acres 1.14
Year Built 2020
Type Residential
Sub-Type Single Family Residence
Style Log
Status Active

Community Information

Address 5494 An County Road 309
Subdivision rural
City Frankston
County Anderson
Zip Code 75763

Amenities

Parking Garage, Workshop in Garage, See Remarks
Has Pool No
Pool None

Interior

Interior Features Master Bedroom Split, Walk-In Closet, Ceiling Fan
Appliances Electric Range, Dishwasher, Microwave, Refrigerator
Heating Central/Electric, Zoned
Cooling Central Electric, Zoned-2
Fireplace No
Fireplaces Other
Stories One
Has Basement No

Exterior

Exterior Features Irrigation System
Lot Description Rectangular Lot
Roof Composition
Construction Log, Cement Siding
Foundation Slab

School Information

Elementary Frankston
Middle Frankston
High Frankston

Additional Information

Date Listed August 3rd, 2026
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway HomeService

Listing Map

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