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2 Beds
1 Bath
1,113 sqft

$394,500

7359 E Panorama Dr., Frankston TX, 75763

Price per sqft$354.45
Built in1966
Property size1,113 sqft
Property typeResidential

Overview

Active

Option Pending

Listed Sep 24, 2026

Updated 19h ago

Welcome to your own slice of East Texas paradise on beautiful Lake Palestine! This newly updated waterfront home offers the perfect blend of comfort, charm, and income-producing potential. Nestled on two lots, this inviting property features 2 bedrooms and 1 full bath, making it an ideal weekend retreat, vacation rental, or full-time lakeside residence.Inside, you'll find stylish updates throughout, including shiplap accent walls in the main living areas that add warmth and character. Expansive windows across the back of the home showcase breathtaking water views and fill the space with natural light, creating the perfect setting to enjoy stunning sunrise views over the lake each morning.Step outside and embrace the waterfront lifestyle. A newly redone pier with an open deck provides the perfect spot for fishing, relaxing, or soaking in the scenery. Between the home and the water, a concrete platform is already in place and perfectly suited for a future fire pit area where family and friends can gather under the stars. Currently operating as a short-term rental, this property offers proven income potential for investors while also serving as an incredible personal getaway.

$2,625/mo

Est. mortgage payment based on a $394,500 home price.

All estimates are provided by Mayben Realty for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26013195

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$4,643
Tax Frequency
Annually
Association Fee Frequency
Yearly
Waterfront
Yes
55+/Senior Community
No

 

Courtesy of Charlene Hall, Palestine Realty

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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. This information is deemed reliable, but not guaranteed.

 Data last updated: 10/11/2026, 3:33 AM UTC.

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