65 & 66 Private Road 7332

Frankston, TX
$ 459,999 Beds 3 Baths 2.5 Sq 1,818 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to lakefront living in this beautifully updated 3-bedroom, 2-bath waterfront home located in a private, gated fishing community of approximately 60–65 homes. Whether you're looking for a full-time residence or the perfect weekend escape, this property offers a peaceful waterfront setting with direct lake access, a replaced boathouse and dock, and plenty of space to relax and entertain. The flexible floor plan includes a downstairs bedroom currently being used as an office and featuring a Murphy bed, making it easy to accommodate overnight guests while maintaining a dedicated workspace. Upstairs, the primary bedroom offers a special lakefront retreat with a lake-view balcony just outside the door—the perfect spot to enjoy morning coffee or unwind at the end of the day. The owners have completed extensive improvements, including replaced flooring, fresh interior paint, an added garage, replaced entry patio, painted deck, new primary bath window and an upstairs mini-split system. Additional upgrades include a new hot water heater, generator hookup, and propane servicing the gas stove and dryer. Starlink is available for reliable internet connectivity. Outside, enjoy fishing, boating and peaceful evenings under exceptionally dark skies where you can even catch views of the Milky Way. Nearby Pine Dunes Golf Course, often referred to as “Baby Augusta,” provides another great recreational option. Sellers are also happy to include the primary furnishings with a good offer, making this an excellent opportunity for buyers looking for a lake home or weekend retreat that can be enjoyed right away.

Active

  • Price
  • $ 459,999
  • City
  • Frankston
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • ANDERSON
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.5 Acres
  • Zip
  • 75763
  • Sqr Footage
  • 1,818
  • Year Built
  • 1954
  • Taxes
  • $ 5654
  • Style
  • Single Family Residence
  • MLS#
  • 21361697
Listed By: CENTURY 21 Judge Fite Co.
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Utilities Cable Available,City Sewer,City Water,Electricity Connected
Possession Closing/Funding
Appliances Gas Cooktop,Microwave
Assoc Fees 1200
Number of Garage Spaces 2
School District Frankston ISD
HOA Fee Includes Full Use of Facilities,Management Fees
Exclusions All personal property. Antiques on the property
Year Built 1954
Levels Two
Unexempt Taxes 5654
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Lake Frankston
Transaction Type For Sale
County Anderson
Property Type Residential
Construction Materials Wood
Association Fee Frequency Annually
Year Built Details Preowned
HOA Type Mandatory
Full Baths 2
Status Active
Directions From Frankston,take SH-155 S. Turn right on CR 332 to the gated Lake Frankston entrance. Continue onto PR 7332 and follow to Lots 65 & 66.
City Frankston
Elementary School Name Frankston
High School Frankston
Elementary School Frankston
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21361697
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features Cable TV Available,Granite Counters
Fireplace Features Wood Burning
Fireplaces Total 1
Dining Areas 2
Living Areas 1
Room Count 9
Half Baths 1
Lock Box Type Combo
Total Bedrooms 3
Total Baths 3

Exterior Features

Waterfront Yes
Lot Features Waterfront
Lot Size Source Public Records
Parking Features Garage
WaterFront Features Dock – Uncovered,Lake Front
Lot Size .5 to < 1 Acre
Covered Spaces 2
Lot Size Area 0.5000
Lot Size Units Acres
Structural Style Lake House
Garage Y/N Yes
Lot Size Square Feet 21780.0000
Lot Size Acres 0.5000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Frankston Elementary School
Middle School Unknown Middle School
High School

Price History

8/20/2026 Listed $459,999

Property vs Zip Code Average in 75763

Price
AVG $480K
$460K
Taxes
AVG $3,381
$5,654
Year Built
AVG 1995
1954
Visits
AVG 64
5
Data Provided by Inside Real Estate®

Areas That We Cover

65 & 66 Private Road 7332 Frankston, TX is a Single Family Home for sale at $459999 with 1818 sqft and a lot size of 0.5 Acres Acre(s). 65 & 66 Private Road 7332 Frankston has 3 bedrooms, 2 baths and was built in 1954. The property's zip code is 75763 which is in Frankston, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.