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Coffee City 75763
22766 Diamond Bay Drive
$712,000
● House - Off Market

22766 Diamond Bay Drive

Frankston, TX 75763
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,554 Ft²
$3,699
Est. Monthly
$20
HOA / Fees

About This Property

Welcome to 22766 Diamond Bay, a single-level lakefront home with wide-open water views, a deep greenscape backyard, and a solid, well-built boathouse-an easy, turn-key retreat less than two hours from Dallas. Located inside a quiet gated community with a convenient approach off Hwy 155, this property offers the rare combination of level living, panoramic shoreline views, and a looping driveway with plenty of parking for friends and family to enjoy full lake days.

Wall-to-wall windows along the living, dining, and kitchen areas frame Lake Palestine and fill the home with natural light. The stone fireplace adds warmth to the open layout, creating a comfortable setting for weekend gatherings or everyday living. The spacious primary suite features an oversized shower and dual walk-in closets, while two additional bedrooms and a large bonus room provide flexible space for guests, work, or play.

Step outside to an expansive deck overlooking a deep, grassy backyard-ideal for kids, pets, or relaxed afternoons by the water. The boathouse sits on a generous stretch of shoreline and is designed for easy lake access, from morning fishing to sunset cruises. The lot's depth and gentle slope make the entire property unusually usable compared to many lakefront parcels.

With Brownsboro ISD schools, low HOA dues, and a peaceful, established setting, this home works beautifully as a weekend lakehouse or a full-time residence. And when you're not on the water, you're just minutes from two of East Texas' favorite Cajun spots-Catch Me If You Can (8 minutes) and Wade's Place (18 minutes). Approachable, comfortable, and ready for immediate enjoyment, this is lake living made easy on one of the most scenic stretches of Lake Palestine.
Unit Size
2,554 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$293
Property Type
House
Property Taxes
-
HOA Dues
$20
Year Built
1990

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Last updated: 6 months ago (NTREIS #21097452)

Price History

Date / Event Date Event Price
Jun 4, 2026 Sold
Sold
May 27, 2026 In contract -
In contract
Apr 17, 2026 Price Decreased $749,000
↓ $46K (5.8%)
Price Decreased
Nov 25, 2025 Price Decreased $795,000
↓ $50K (5.9%)
Price Decreased
Oct 29, 2025 Listed by Dave Perry Miller Real Estate $845,000
Listed by Dave Perry Miller Real Estate
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 748
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,562
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 940
  • Total Building Area: 2,554
  • Gross Building Area: 2,554
  • Building Area: 2,554
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,554
  • 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: 0000000449
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 5 AB 624 W PICKETT SUR, DIAMOND HEAD BAY, LT 5

Neighborhood

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

Geography

  • Assessors Map Reference: 53X
  • Account Number: R000041125
  • Parcel: 2597-0000-0050-10
  • Lot: 5
  • Municipality: FRANKSTON
  • Latitude: 32.1339
  • Longitude: -95.4771

    Address

  • Full Address: 22766 Diamond Bay Dr
  • Address - House Number: 22766
  • 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: $674,333
  • Tax Rate Code Area: BR,HC,HE,H

    Appraisal Valuation

  • Standard Deviation: 0.4461
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 10
  • Final Value: 619,856
  • High Value: 896,434
  • Low Value: 343,277

    Market Valuation

  • Market Total Value: $848,201
  • Market Land Value: $197,400
  • Market Improvement Value: $650,801

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,572
  • Assessed Land Value: $197,400
  • Assessed Improvements Value: $650,801

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-00017304
  • Previous Sale Recording Date: Jul 30, 2014
  • Previous Sale Contract Date: Jul 23, 2014
  • Previous Sale Document Type: 71
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

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Frequently Asked Questions

When was property at 22766 Diamond Bay Drive built and last sold?
The property at 22766 Diamond Bay Drive was built in 1990 and last sold on Dec 6, 2019 for $456,300.
How much is this home worth?
The estimated value of the home located at 22766 Diamond Bay Drive is $0.
What are some comparable homes to 22766 Diamond Bay Drive?
There are currently no comparable homes to 22766 Diamond Bay Drive.