Selling a waterfront home on Lake Palestine is not the same as selling a house in town. This one, 644 An County Road 3009 in The Meadows on the Frankston side, was listed at $850,000 and it sold in August 2026. I represented the seller.
If you own a lake home and have been wondering what it would bring, the useful part is not the number. It is why a buyer chose this particular stretch of water, and what that says about pricing your own.
What the Frankston Sale Showed Lake Palestine Sellers
Three things made this home straightforward to sell, and every one of them is worth checking against your own property before you list.
The home: 644 An County Road 3009, The Meadows
- List price: $850,000
- Built: 2020
- Size: 2,377 sq ft · 3 bed · 2.5 bath
- Lot: 0.69 acre in The Meadows, Frankston (Anderson County)
- Water: covered boathouse on a quiet, protected cove
- Outbuildings: roughly 1,477 sq ft of garage and shop space
Texas is a non-disclosure state, so closing prices are not public record. The $850,000 figure above is the list price. I am happy to walk you through recent sold comparables for your own stretch of the lake directly.
A protected cove is a different product than open water
This home sat on a calm cove rather than the open lake. That is not a lesser position, it is a different buyer. Cove buyers want still water and a dock that takes less punishment from wind and wave. Open-water buyers want the long view and fast access to the main lake. Pricing a lake home well starts with being honest about which of those two your shoreline actually serves. Here is more on cove versus open water on Lake Palestine.
Usable water access does more work than square footage
The first questions I get from Lake Palestine buyers are about the water, not the kitchen. Is there a covered slip? Does the lift work? Does the depth hold up when the lake drops? A well-kept boathouse at usable depth pulls more buyer attention than an equivalent number of interior square feet.
The dock walks out from the yard to a covered boathouse
A covered slip with a working electric lift is what buyers ask about first
Shop space is a real selling point in East Texas
Nearly 1,500 square feet of garage and shop came with this property. For an East Texas buyer with a boat, a trailer, and projects going, that is not a bonus line item. It is frequently the thing that separates two otherwise comparable lake homes.
Roughly 1,477 square feet of shop, with a separate storage building and a yard running down toward the water
"Buyers focus on the house, and they should. But on a lake, the water is half of what they are paying for. That is where your price comes from, and it is the part an online estimate cannot see."
What Is My Lake Palestine Waterfront Home Worth?
There is no accurate automated answer for a lake home. Automated valuation tools price from national models that have no way to account for cove position, shoreline type, dock condition, or water depth, which is precisely where most of a Lake Palestine home's value sits. A local comparative market analysis is the only reliable way to price waterfront property out here.
It is also worth separating two numbers people mix up. Your appraisal district value is a tax figure, not a market figure, and the two routinely disagree on waterfront parcels. The Texas Comptroller's property tax overview explains how appraised value is actually determined.
Get a Real Number for Your Place
I will put together a real comparative market analysis for your property, built on what has actually sold near you. It is free, and there is no obligation attached to it.
Getting a Lake Palestine Home Ready to Sell
Waterfront listings carry a few extra items that an in-town listing does not. Sort them out before you go live rather than three days before closing:
- Survey. Shoreline boundaries and easements raise questions a town lot never does. Here is whether you need a new survey to sell.
- Dock and boathouse condition. Lift function, decking, and any permits or lake authority paperwork.
- HOA and short-term rental rules. Buyers on Lake Palestine ask about rental potential constantly. Know what your subdivision actually allows before you are asked. The Lake Palestine neighborhoods guide covers dues and rental rules community by community.
- Photography timing. Water and light do most of the work. A listing shot on a gray, low-water day is a harder sell than the same house shot well.
Where I Sell on Lake Palestine
I work the Lake Palestine market from Frankston and the Anderson County side across to Chandler, Bullard, and the Tyler area. I also live on this water myself, which is the only reason I can tell you what a particular cove does in August or which docks sit right when the lake drops. If you own here and want to know where your home stands in the current market, that conversation costs you nothing.
Looking to Buy on Lake Palestine Instead?
This home is sold, but homes like it come up. Tell me what you are after and I will do the hunting: cove or open water, budget, timeline, must-haves.
Coming In From Out of Town to Look?
A lot of my buyers drive in from Dallas or Houston to spend a weekend getting a feel for the lake before they decide on anything. If that is you, my husband and I also own a vacation rental on Lake Palestine, and you are welcome to book it while you tour homes. Wake up on the water, look at properties during the day, and see for yourself whether this is the pace you have been after. Text or call me at 903-724-2338 and I will help you set it up.
Start Your Lake Palestine Home Search
Tell me what you are looking for and I will send you what fits, including the homes that have not hit the portals yet.