Homes › Frankston › 500 Private Road
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$516,675

500 Private Road

Frankston, TX 75763 · Oak River Estates · Anderson County
PendingMLS #21319990 · Single Family Residence · Under construction
3Beds
3Baths
2,092Sq Ft
Single Family Residence
Built in 2026
1 acre lot
$405K–$540K Bestimate
$247/sqft
$750/yr HOA
Bestimate
$405,000 – $540,000

Rough estimate — a quick conversation with James dials in the real number.

Automated range from 6 comparable homes currently listed in ZIP 75763 (asking prices for similar size and bedrooms — not sale prices). Not an appraisal or broker price opinion.

What's special

  • New construction
  • Brick exterior
  • Open floor plan
  • Covered patio
  • 3-car garage
  • Single story

Experience exceptional new construction in the elegant, gated community of Oak River Estates on beautiful Lake Palestine in the hills and trees of East Texas. This 2092 sq. ft. home is currently under construction on a 1.002-acre lot. An inviting covered front porch welcomes you through double doors into the foyer. This thoughtfully designed open-concept floor plan features a spacious great room with a vaulted beamed ceiling that seamlessly flows into the kitchen with a large island offering additional seating, walk-in pantry and a separate dining area. Walls of windows invite abundant natural light while overlooking the expansive covered patio and the peaceful, tree-shaded backyard—perfect for relaxing or entertaining. The private primary suite is tucked away on one side of the home and offers a luxurious spa-inspired bath with double vanities, soaking tub, separate shower, private water closet, and an oversized walk-in closet. The adjacent laundry room provides added convenience. On the opposite side of the home, two guest bedrooms share a well-appointed bath, creating privacy and comfort for family and visitors alike. A powder bath is conveniently located near the mudroom and storage area leading to the garage. The impressive 988-square-foot, three-car garage offers abundant space for vehicles, recreational equipment, and additional storage. Oak River Estates is one of Lake Palestine's premier gated waterfront communities, offering underground utilities, a scenic lakefront park and pavilion, walking trails, and a private boat ramp for residents. Surrounded by towering trees and the natural beauty of East Texas, this remarkable home combines quality craftsmanship, timeless style, and an exceptional lifestyle. Come experience the peaceful setting and outstanding amenities that make Oak River Estates such a desirable place to call home.

28 days on market · Listing updated Sep 11, 2026, 12:18 PM CT

Listed by: Dana Staples, Staples Sotheby's Internationa 903-630-4321

Source: NTREIS · MLS #: 21319990

Home facts

Overview

Price
$516,675
Price per sq ft
$247
Status
Pending
Property type
Single Family Residence
Year built
2026
Condition
Under Construction
Style
Traditional, Detached
Stories
1
Levels
One
Days on market
28

Bedrooms & bathrooms

Bedrooms
3
Full bathrooms
2
Half bathrooms
1
Living area
2,092 sq ft

Interior

Features
Built In Features, Open Floorplan, Walk In Closets
Appliances
Dishwasher, Electric Range, Disposal, Microwave
Flooring
See Remarks
Heating
Central, Electric
Cooling
Central Air, Ceiling Fans, Electric
Laundry
Laundry In Utility Room

Exterior & lot

Lot size
1.002 acres · 43,647.12 sq ft
Lot
Irregular Lot
Patio & porch
Covered
Roof
Composition
Foundation
Slab
Construction
Brick, Fiber Cement

Parking

Garage spaces
3 (attached)
Parking
Additional Parking, Driveway

HOA & taxes

HOA
Yes
HOA fee
$750 annually
HOA includes
All Facilities, Association Management, Maintenance Grounds
Community features
Boat Facilities, Fishing, Gated, Lake, Playground, Park
Annual property tax (per MLS)
$1,200

Utilities & efficiency

Utilities
Electricity Connected, Septic Available, See Remarks, Underground Utilities
Sewer
Aerobic Septic

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Oak River Estates subdivision · Frankston, TX 75763 · Anderson County

Finding parks, dining, and shopping nearby…

Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 25, 2026, 1:44 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively 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. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 25, 2026, 1:44 AM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.