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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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500 Private Rd , Frankston, TX 75763
$516,675
Est. Payment: $2,660.07/mo
3 Bed
2.5 Bath
2092 Sqft
Status: pending | Days on site: 35
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Dana Staples , Staples Sotheby's Internationa , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
1

HOA Fee

750 Annually

Year Built

2026

County

Anderson

Neighborhood

Oak River Estates

School District

Frankston ISD

Listing ID

21319990

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Electric Range, Microwave
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:See Remarks
Other:
  • Additional:Built-in Features, Open Floorplan, Walk-In Closet(s), Master on Main

Exterior Features

Lot:Irregular Lot,1 to < 3 Acres
Lot Dimensions:246'x220'x95'x220'
Roof:Composition
Others:
  • Additional:New Construction - Incomplete
Parking Features:Additional Parking,Driveway
Principal Interest
$2,660
Taxes
$100
HOA
$750

Home Price

$516,675

Loan Details

30 yrs
6.674%

Down Payment

20%
$103,335
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,660.07

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,660.07 $100.00 $750.00 $3,510.07
Yearly $31,920.81 $1,200.00 $9,000.00 $42,120.81
Total $957,624.22 $36,000.00 $270,000.00 $1,263,624.22

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Frankston, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-25T01:22:49.237Z

© 2026 North Texas Real Estate Information Systems