Frankston Homes under $250,000

Welcome to Frankston, Texas – a hidden gem nestled in the heart of East Texas! Known for its friendly atmosphere and lush natural beauty, Frankston offers a serene escape from the hustle and bustle of city life while still providing easy access to modern conveniences. With its charming small-town vibe, this community is perfect for families, retirees, and anyone looking to enjoy the simple pleasures of life.

Frankston boasts a rich history and a vibrant community spirit. Residents enjoy a variety of local events throughout the year, from seasonal festivals to farmer’s markets, fostering a strong sense of togetherness. The town is surrounded by picturesque landscapes, including beautiful lakes and parks, making it an ideal location for outdoor enthusiasts who enjoy fishing, hiking, or simply soaking up the sun.

If you're in the market for a new home, you'll be pleased to discover that Frankston offers an array of affordable housing options. With homes priced under $250,000, this area is an excellent choice for first-time buyers or those looking to downsize without sacrificing quality. You can find charming cottages, spacious family homes, and everything in between, all set against the backdrop of Frankston's stunning scenery.

Whether you're drawn by the allure of a tight-knit community, the beauty of nature, or the affordability of housing, Frankston, Texas, is a place where you can truly feel at home. Come and discover the perfect blend of comfort, convenience, and charm in this delightful town!

Newest Frankston Homes under $250,000

$149,900

3 Beds ⋅ 2 Baths ⋅ 21390479 MLS

Enjoy easy lake-area living in this well-maintained 3-bedroom, 2-bath home just minutes from Lake Palestine and only a quick 20 minute drive to Tyler. With approximately 1,064 square feet, the home offers a comfortable, move-in-ready layout with warm tones and inviting finishes throughout. The open-concept living area creates an easy flow between the living, dining, and kitchen spaces, while the split-bedroom floor plan gives the primary suite added privacy from the additional bedrooms. A carport provides convenient covered parking, and the quiet corner lot adds to the home's peaceful setting. Outside, you'll find two storage sheds and a lean-to, providing plenty of space for storage, tools, lake gear, or outdoor equipment. Whether you're looking for a full-time home, a weekend getaway, or an investment property with rental potential, this home puts you close to one of East Texas's favorite lakes while keeping Tyler's everyday conveniences within easy reach. Come see this comfortable lake-area home and make it yours! Schedule your showing today.

22107 Lakewood Dr, Frankston

$149,900

3 Beds ⋅ 2 Baths ⋅ 26013159 MLS

22107 Lakewood Dr, Frankston

$66,000

2 Beds ⋅ 1 Baths ⋅ 26013083 MLS

Charming and affordable 2-bedroom, 1-bath 1996 Fleetwood Festival Limited manufacture home offering 644 square feet of comfortable living space. This 14'x46' home features a fenced yard and peaceful county setting, offering a great place to enjoy a little space and privacy. The home has been previously moved and is being sold as personal property. A wonderful opportunity for buyers looking for an affordable home in a quiet country setting! This home is fenced in, .1837 acre with small out building.

435 Acr 306, Frankston

$99,995

2 Beds ⋅ 2 Baths ⋅ 25017204 MLS

PRICED TO SALE. This charming 2-bedroom, 2-bathroom home, perfectly situated just a short walk from the water. Enjoy morning dog walks along the shoreline, afternoons spent fishing, and beautiful views that create a relaxing backdrop year-round. This inviting home offers comfortable living spaces filled with natural light, and the serene surroundings make it an ideal full-time residence, weekend retreat or short term rental. Experience quiet living with the lake at your fingertips and room to expand. This is a must-see opportunity in a truly special community. Adjacent .18 ACRE LOT AVAILABLE TO PURCHASE SEPARATELY

10881 Hillside Dr, Frankston

$54,900

2 Beds ⋅ 2 Baths ⋅ 25014901 MLS

This two-bedroom two-bath home located in Brierwood subdivision situated on Lake Palestine and is subject to amenities offered by the community.

7227 Forest Hl, Frankston

$245,000

3 Beds ⋅ 2 Baths ⋅ 26006068 MLS

Great home or investment opportunity in the heart of Frankston, conveniently located on a large corner lot with fenced yard close to schools, grocery stores, and local amenities. The home offers room for the family, with a spacious 3 bedroom, 2 full bath layout with a large bonus living room in addition to an open concept living dining space. Home features several major improvements including an updated HVAC, and kitchen with granite countertops, custom wood cabinetry, and appliances, a new roof in 2023, and recently leveled in 2025. If you're looking for your next investment property, or the perfect starter home to make your own the potential is here. Seller financing available.

559 Elm St, Frankston

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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. This information is deemed reliable, but not guaranteed.