7270 E Panorama Dr, Frankston, TX 75763

• 4 beds |
• 2 baths |
• 2,694 sqft

Property Description

Behold, a beautiful waterfront retreat with panoramic Lake Palestine views from nearly every window. Thoughtfully renovated inside and out, this exceptional lakefront home offers approximately 246 feet of shoreline across three lakefront lots, tucked away on a quiet cul-de-sac peninsula. With additional lease-back area, the property may encompass approximately 0.80 acres and is located in a neighborhood that still allows short-term rentals, making it an outstanding investment, weekend escape, full-time residence or all three. This 2,694 sq ft home has been extensively updated, offering four bedrooms, two full bathrooms, two living areas, and a utility room, with a flexible layout ideal for hosting or income-producing use. Enjoy year-round lake living with a boathouse featuring two slips and motorized lifts, perfect for effortless days on the water. The main level showcases numerous updates, including a bright living area with custom built-ins and a fireplace, an updated kitchen with granite countertops, stainless-steel appliances, reverse osmosis, and a spacious dining area. Two generously sized bedrooms on this level offer beautiful lake views, along with an updated full bathroom featuring a large walk-in shower. Multiple exterior entrances and ample parking on both levels allow for easy guest access, with no stairs required. The lower level is ideal for multi-generational living or rental versatility with an updated feel, offering a private primary suite with stunning lake views and an attached full bathroom. An additional living area with a cozy wood stove and large bedroom or flex space with a spacious walk-in closet, plus a utility room. Outdoor living has not been overlooked, featuring updated wraparound patios and decks on both levels, all oriented toward the water perfect for sunsets and lakeside entertaining. Move in ready with lots of updates, including a brand-new roof, gutters, fresh interior and exterior paint, newer windows and so much more!

Listing Status:

Active

Date Added:

November 20, 2025

Data Last Updated:

February 17, 2026 at 4:43AM

Listing Office:

Texas Premier Realty : 210-844-8683

Listing Agent:

Jenny Lynn McCorkle : 903-253-4456

MLS ID:

20257926

Interior

• General: CarpetingTile FlooringOther FloorsBookcasesCeiling FanBlindsSmoke DetectorsOther/See Remarks
• Dining: Breakfast BarFormal Living Combo
• Laundry: Closet
• A/C: Central ElectricAttic Fan
• Heating: Central Electric
• Fireplace: One WoodburningFreestandingFireplaces: 2

Exterior

• General: Patio OpenPorchPier & DeckDeck OpenDeck CoveredBalconyGutter(s)
• Style: Traditional
• Other Structures: Storage BuildingsBoat SlipBoat House
• Pool: None
• Parking: DetachedOther/See RemarksParking spaces: 2

Construction

• Roofing: Composition
• General: Brick and WoodSiding2 StoriesSlab

Location

• Road/Access: Asphalt
• HOA Amenities: 120.0
• School District: Brownsboro
• County: Henderson

Lot

• Driveway: Concrete
• Zoning: LTS 59-61 AB 1 J M ACOSTA SURBRIERWOOD BAY SUBDR237545
• Fencing: None

Utilities

• Utilities: ElectricCable Available
• Water: Aerobic Septic SystemCommunity
• Sewer: Aerobic Septic SystemCommunity