
500 Private Road, Frankston, TX 75763
Oak River Estates · Anderson County
Key Facts
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
Appliances
Cooling
Heating
Flooring
Parking
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Community
Utilities
Sewer
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.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 92 Lake Frankston, Frankston, TX | $375,000 | 2 | 2 | 1,309 |
| 782 AN County Road 325, Frankston, TX | $399,000 | 3 | — | 1,780 |
| 126 E Post Oak, Frankston, TX | $424,000 | 3 | 2 | 2,262 |
| 126 E Post Oak, Frankston, TX | $424,000 | 3 | — | 2,262 |
| 10916 Crestview lane, Frankston, TX | $425,000 | 3 | — | 1,504 |
| 230 County Road 3191, Frankston, TX | $440,000 | 4 | — | 2,386 |
Moving Cost Estimate
Listing Courtesy: Staples Sotheby's International Realty LLC - 903-630-4321
Presented by: Dana Staples
Last Updated: 2026-07-02




