7270 Panorama Drive E, Frankston, TX 75763
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by: jenny lynn mccorkle210-844-8683
Office: texas premier realty
MLS#:21118290
Source:GDAR
Price summary
- Price:$675,000
- Price per sq. ft.:$250.56
- Monthly HOA dues:$10
About this home
Panoramic Lake Palestine views greet you from nearly every window in this beautifully renovated waterfront retreat. Offering approximately 250 feet of shoreline across three lots on deep water, tucked away on a quiet cul-de-sac and peninsula for ultimate privacy and presence. With additional lease-back area, the total footprint may span approximately 0.80 acres. Located in a neighborhood that allows short-term rentals, this home presents exceptional flexibility whether as a full-time residence, weekend escape, or income-producing investment.
The main level offers an inviting living space with custom built-ins and a fireplace, flowing seamlessly into a spacious dining area, and kitchen with granite countertops, stainless steel appliances, with reverse osmosis and room for a deep freezer. Down the hall you'll find a full bathroom with a large walk-in shower and two spacious bedrooms with lake views.
Downstairs, the lower level is ideal for multi-generational living or rental flexibility. A private primary suite captures stunning lake views and includes an en suite full bathroom. An additional living area with a cozy wood-burning stove, and lake views as well, with a generous sized fourth flex bedroom with a walk-in closet. Plus a spacious utility room or a future 2nd kitchen could immediately turn this home into a multifamily unit or investment opportunity.
Outdoor living is just as impressive, with updated wraparound decks on both levels, all positioned to maximize sunset views and lakeside entertaining with privacy. The boathouse features two slips with motorized lifts, making lake days seamless and year-round enjoyment effortless.
The versatile layout and generous parking and multiple entrances on both levels make hosting effortless and stairs not necessary for access. Move-in ready with extensive improvements including a brand-new roof, gutters, fresh interior and exterior paint, newer windows, flooring and numerous additional upgrades throughout.
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Home facts
- Year built:1980
- Listing ID #:21118290
- Added:93 day(s) ago
- Updated:February 23, 2026 at 12:48 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,694 sq. ft.
Heating and cooling
- Cooling:Attic Fan, Ceiling Fans, Central Air, Electric
- Heating:Central, Electric, Fireplaces
Structure and exterior
- Roof:Composition
- Year built:1980
- Building area:2,694 sq. ft.
- Lot area:0.37 Acres
Schools
- High school:Brownsboro
- Elementary school:Brownsboro
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$250.56
- Tax amount:$5,039
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated February 23, 2026 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Senter, REALTORS(R).New listings near 7270 Panorama Drive E
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