7270 E Panorama Dr, Frankston, TX 75763

• 4 beds |
• 2 baths |
• 2,694 sqft

Property Description

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.

Listing Status:

Active

Date Added:

November 20, 2025

Data Last Updated:

April 5, 2026 at 4:42AM

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