699 Pine (US Hwy 175) - Hwy 175-Frankston
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699 Pine (US Hwy 175) - Hwy 175-Frankston
0.21 Acres of Commercial Land Offered at £15,780 in Frankston, TX 75763
Investment Highlights
- Heavy traffic along US Hwy 175
- Within city limits
- Minutes from intersection of US 175 & Texas State Hwy 155
- Growing commercial corridor
Executive Summary
Vacant lot with about 100' of frontage on US Hwy 175 (Pine St). Great investment property. Located less than one mile to the west is a new Tractor Supply location. Recently, the City of Frankston has studied the possibility of annexing properties along US Hwy 175 to the west of 699 W Pine. Extending city water and sewer services looks to be in the plan. Use the lot for storage, add storage buildings, run a small business or simply hold for land values to increase.
Financial Summary (Actual - 2023) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
£77
|
£364.44
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£77
|
£364.44
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £77 |
| Annual Per AC | £364.44 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | £77 |
| Annual Per AC | £364.44 |
Property Facts
| Price | £15,780 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Property Type | Land |
| Price | £15,780 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.21 AC |
1 Lot Available
Lot
| Price | £15,780 | Lot Size | 0.21 AC |
| Price Per AC | £75,143 |
| Price | £15,780 |
| Price Per AC | £75,143 |
| Lot Size | 0.21 AC |
Vacant lot with 100' frontage on US Highway 175 in Frankston, TX, less than 1 mile from the busy intersection of US 175 and Texas State Hwy 155. The 0.208 lot is slightly elevated from the road but mostly level.
PROPERTY TAXES
| Parcel Number | R64363 | Total Assessment | £4,111 (2024) |
| Land Assessment | £4,111 (2024) | Annual Taxes | £77 |
| Improvements Assessment | £0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
R64363
Land Assessment
£4,111 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£4,111 (2024)
Annual Taxes
£77
Tax Year
2023
zoning
| Zoning Code | MU (Mixed Use) |
| MU (Mixed Use) |
-
Steve Demuth -
Staples Commercial Group, LLC
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699 Pine (US Hwy 175) - Hwy 175-Frankston
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