See Home Value
Coffee City 75763
22716 Diamond Bay Drive
$955,000
● House - Off Market

22716 Diamond Bay Drive

Frankston, TX 75763
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,015 Ft²
$4,931
Est. Monthly
$20
HOA / Fees
2.02%
Cap Rate

About This Property

PRICE IMPROVEMENT & NEW BULK HEAD ON THIS LAKE FRONT BEAUTY! Nestled in a secluded cul-de-sac on the shores of Lake Palestine, this stunning waterfront retreat offers privacy, charm, and modern comforts in a quiet neighborhood setting. The classic 3015 sq foot home features 3 spacious bedrooms, each with its own ensuite bathroom for ultimate convenience. Boasting two inviting living areas, soaring high ceilings, hand-scrapped red oak, thick floors and recessed lighting throughout, the home is filled with warmth and elegance. At the heart of the home, the chef's kitchen provides an ideal space for entertaining, while the outdoor covered porch and the screened in back patio offers breathtaking views of the lake. The lower level includes nearly 1,400 square feet of heated and cooled basement space, complete with a full bathroom, making it a perfect flex area for guests, a game room, or additional living quarters. Outdoors, you'll be surrounded by professionally landscaped gardens bursting with azaleas, creating a vibrant, picturesque backdrop year round. The property's boathouse is a true highlight, with two boat slips and space for a third, along with a spacious deck situated in the deep waters of the lake perfect for fishing, swimming, or sunset gatherings. Additional features include timeless finishes, and thoughtfully designed spaces, including the attic over garage is complete with flooring and has the capability of being finished out with a bathroom. This home was thoughtfully built with ADA accessibility in mind, offering features such as wide hallways and doorways, a step-free entrance, and an accessible ensuite with a roll in shower. It provides comfort, safety, and ease of living for individuals with mobility needs. This home is located only 20 mins from Tyler, 10 mins from shopping, gyms, and dining out. This rare Lake Palestine treasure offers the perfect balance of seclusion, luxury, and lakeside living.
Unit Size
3,015 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$332
Property Type
House
Property Taxes
-
HOA Dues
$20
Year Built
2002

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Last updated: 11 months ago (NTREIS #21062399)

Price History

Date / Event Date Event Price
Dec 19, 2025 Sold
Sold
Nov 28, 2025 In contract -
In contract
Nov 13, 2025 Price Decreased $999,900
↓ $200K (16.7%)
Price Decreased
Sep 16, 2025 Listed by Keller Williams Realty-Tyler $1,200,000
Listed by Keller Williams Realty-Tyler

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,400
  • Garage Type: 1
  • Garage Square Area: 1,308
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 3,590
  • Lot Size Frontage Feet: 1,880
  • Total Building Area: 3,015
  • Gross Building Area: 4,415
  • Building Area: 3,015
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,015
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DIAMOND HEAD BAY (34)
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 17 AB 624 W PICKETT SUR, DIAMOND HEAD BAY, LT 17

Neighborhood

  • School District Name: Brownsboro Independent School District
  • School Tax School District: BROWNSBORO ISD
  • Census Tract: 951401

Geography

  • Account Number: R000041135
  • Parcel: 2597-0000-0170-10
  • Lot: 17
  • Municipality: FRANKSTON
  • Latitude: 32.1314
  • Longitude: -95.4755

    Address

  • Full Address: 22716 Diamond Bay Dr
  • Address - House Number: 22716
  • Address - Street Name: Diamond Bay
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Frankston
  • Carrier Code: R004
  • 4-Digit Zip Code: 4020
  • Zip Code: 75763

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $490,219
  • Tax Rate Code Area: BR,HC,HE,H

    Appraisal Valuation

  • Standard Deviation: 0.4461
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 660,130
  • High Value: 954,678
  • Low Value: 365,581

    Market Valuation

  • Market Total Value: $902,665
  • Market Land Value: $148,050
  • Market Improvement Value: $754,615

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $767,251
  • Assessed Land Value: $148,050
  • Assessed Improvements Value: $754,615

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 1993
  • Current Sale Recording Date: Nov 01, 1993
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Coffee City


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Frequently Asked Questions

When was property at 22716 Diamond Bay Drive built and last sold?
The property at 22716 Diamond Bay Drive was built in 2002 and last sold on Nov 1, 1993 for $0.
How much is this home worth?
The estimated value of the home located at 22716 Diamond Bay Drive is $988,335.
What are some comparable homes to 22716 Diamond Bay Drive?
There are currently no comparable homes to 22716 Diamond Bay Drive.