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7270 E Panorama Dr
Frankston, Tx 75763

Price: $649,900
Property Type: residential
Status: Active
MLS #: 25016920
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 and gutters, fresh interior and exterior paint, newer windows, flooring and numerous additional upgrades throughout.
Area: Henderson
Lake: Palestine
Year Built: 1980
Bedrooms: Four
Bathrooms: Two
Garage: 0
Acres: 0.369
Virtual Tour: Click here to view
CONSTRUCTION : Brick and Wood
CONSTRUCTION : Siding
COOLING : Central Electric
COOLING : Attic Fan
DINING AREAS : Formal Living Combo
DINING AREAS : Breakfast Bar
FENCING : None
FIREPLACE : Freestanding
FIREPLACE : One Wood Burning
INTERIOR : Blinds
INTERIOR : Smoke Alarm
INTERIOR : Other/See Remarks
INTERIOR : Ceiling Fan
KITCHEN EQUIPMENT : Microwave
KITCHEN EQUIPMENT : Other/See Remarks
KITCHEN EQUIPMENT : Pantry
KITCHEN EQUIPMENT : Range/Oven-Electric
KITCHEN EQUIPMENT : Dishwasher
OUTBUILDINGS : Boat Slip
OUTBUILDINGS : Boat House
OUTBUILDINGS : Storage Building(s)
POOL/SPA : None
STYLE : Traditional
DRIVEWAY : Concrete
FLOORING : Carpet
FLOORING : Tile

Courtesy: McCorkle, Jenny Lynn • Texas Premier Realty • 800-544-9885

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