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500 Private Road, Frankston, TX 75763

Oak River Estates · Anderson County

Key Facts

3Beds
3Baths
2,092Sq Ft
2026Year Built
1.00Lot (acres)
3Garage

Description

Experience exceptional new construction in the elegant, gated community of Oak River Estates on beautiful Lake Palestine in the hills and trees of East Texas. This 2092 sq. ft. home is currently under construction on a 1.002-acre lot. An inviting covered front porch welcomes you through double doors into the foyer. This thoughtfully designed open-concept floor plan features a spacious great room with a vaulted beamed ceiling that seamlessly flows into the kitchen with a large island offering additional seating, walk-in pantry and a separate dining area. Walls of windows invite abundant natural light while overlooking the expansive covered patio and the peaceful, tree-shaded backyard—perfect for relaxing or entertaining. The private primary suite is tucked away on one side of the home and offers a luxurious spa-inspired bath with double vanities, soaking tub, separate shower, private water closet, and an oversized walk-in closet. The adjacent laundry room provides added convenience. On the opposite side of the home, two guest bedrooms share a well-appointed bath, creating privacy and comfort for family and visitors alike. A powder bath is conveniently located near the mudroom and storage area leading to the garage. The impressive 988-square-foot, three-car garage offers abundant space for vehicles, recreational equipment, and additional storage. Oak River Estates is one of Lake Palestine's premier gated waterfront communities, offering underground utilities, a scenic lakefront park and pavilion, walking trails, and a private boat ramp for residents. Surrounded by towering trees and the natural beauty of East Texas, this remarkable home combines quality craftsmanship, timeless style, and an exceptional lifestyle. Come experience the peaceful setting and outstanding amenities that make Oak River Estates such a desirable place to call home.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Traditional

Year Built

2026

Living Area

2,092 sq ft

Lot Size

1.00 acres

Lot Dimensions

246'x220'x95'x220'

Garage Spaces

3

Days on Market

19

MLS® Listing#

21319990

Property Features

Interior

Built-in FeaturesOpen FloorplanOtherWalk-In Closet(s)

Appliances

DishwasherDisposalElectric RangeMicrowave

Cooling

Ceiling Fan(s)Central AirElectric

Heating

CentralElectric

Flooring

OtherSee Remarks

Parking

Additional ParkingDrivewayGatedAttached

Patio

Covered

Fencing

None

Lot Features

Irregular LotOther

Construction

BrickFiber Cement

Foundation

Slab

Roof

Composition

Community

FishingGatedLakeParkPlaygroundOther

Utilities

Electricity ConnectedUnderground UtilitiesSee Remarks

Sewer

Septic Tank

Rooms

  • 0 x 0First
  • 0 x 0First
  • Bedroom12 x 12First
  • Bedroom12 x 13First
  • Dining Room11 x 12First
  • Kitchen14 x 15First
  • Laundry0 x 0First
  • Living Room18 x 16First
  • Master Bathroom0 x 0First
  • Master Bedroom14 x 15First

Schools

Elementary:
Frankston
Middle:
Frankston
High:
Frankston
District:
Frankston ISD

Financial Details

HOA

$750 / Annually

Oak River Estates

Annual Taxes

$1,200

Parcel Number

R98347

Directions

Take Hwy 155 S to Left (East) on FM 2215 at Midway Package. Make right on CR 4117 & follow to right on CR 309 to the entrance gate on the left side of CR 309.

Affordability Calculator

$103,335

Estimated monthly payment

$2,750/mo

Principal $413,340 · Est. interest $576,646 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Frankston, TX

$473,913
Median Listing Price
109
Median Days on Market
2,262
Median Sq Ft
$210
Median Price / Sq Ft
59
Active Listings
  • This home’s price is 9% above the area median.
  • Its price per sq ft is 18% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Frankston, TX.

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: Staples Sotheby's International Realty LLC - 903-630-4321

Presented by: Dana Staples

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2026-07-02

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Metrotex Association Of Realtors. MLS® Listing#21319990. © 2026EXIT Realty®. All rights reserved.