Real Estate Investment Properties for Sale in Frankston, TX

Looking for investment property in Frankston, TX with high ROI ?

Explore a variety of short-term homes & houses in Frankston, TX. Invest wisely with VRBO & Frankston, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Frankston, TX

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
23340 Three Points Dr Frankston, TX Imagine life here at the lake! Recently updated 3 bedroom, 3 bath, 2,320 sq foot home with...	3 beds \| 3 baths \| 2,320 sq.ft.	$599,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 2.79% Airbnb Rental Income: $1386 Traditional Rental Income: $2782 Airbnb ROI: -0.46% Traditional ROI: 2.79%
21945 Brierwood Dr Frankston, TX This well maintained brick lake home sits on a peaceful waterfront inlet with itâs own b...	2 beds \| 2 baths \| 1,312 sq.ft.	$275,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 5.71% Airbnb Rental Income: $1548 Traditional Rental Income: $1874 Airbnb ROI: 2.73% Traditional ROI: 5.71%
432 ACR 322 Frankston, TX Beautiful East Texas ranchette!! Lovely place to call your forever home. 4BR, 2bath, 2 car...	4 beds \| 3 baths \| 2,389 sq.ft.	$559,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 3.15% Airbnb Rental Income: $3505 Traditional Rental Income: $2612 Airbnb ROI: 3.38% Traditional ROI: 3.15%
8149 Highsaw Trl Frankston, TX Price drop!!! Lakeview Gem w/ Private Lake Access (Lake Palestine) on large lot. Custom ki...	3 beds \| 2 baths \| 1,689 sq.ft.	$310,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 4.49% Airbnb Rental Income: $1386 Traditional Rental Income: $1929 Airbnb ROI: 1.19% Traditional ROI: 4.49%
5494 An County Road 309 Frankston, TX Discover a unique opportunity just minutes from Lake Palestine! Situated on just over 1 ac...	3 beds \| 2 baths \| 1,878 sq.ft.	$350,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.55% Airbnb Rental Income: $1386 Traditional Rental Income: $2144 Airbnb ROI: 0.96% Traditional ROI: 4.55%
20850 CR 4226 Frankston, TX Beautiful East Texas Country Living! Winding driveway through grand brick and gate entranc...	4 beds \| 3 baths \| 2,812 sq.ft.	$799,999	Airbnb cash on cash: 1.7% Traditional cash on cash: 1.75% Airbnb Rental Income: $3505 Traditional Rental Income: $2767 Airbnb ROI: 1.7% Traditional ROI: 1.75%
13620 County Road 4224 Frankston, TX Unique 2006 custom built milled cedar home captures the essence of the iconic settlers' do...	2 beds \| 2 baths \| 1,609 sq.ft.	$496,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.74% Airbnb Rental Income: $1548 Traditional Rental Income: $2043 Airbnb ROI: 0.71% Traditional ROI: 2.74%
782 AN County Road 325 Frankston, TX Escape to your own East Texas retreat with this beautifully updated log cabin on nearly 10...	3 beds \| 2 baths \| 1,780 sq.ft.	$399,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 3.07% Airbnb Rental Income: $1386 Traditional Rental Income: $1856 Airbnb ROI: 0.69% Traditional ROI: 3.07%
400 Easy St Frankston, TX Welcome to 400 Easy St, a masterpiece of custom craftsmanship nestled in the charming Nort...	3 beds \| 3 baths \| 2,750 sq.ft.	$515,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.44% Airbnb Rental Income: $1386 Traditional Rental Income: $2574 Airbnb ROI: 0.1% Traditional ROI: 3.44%
22577 Lime Street Frankston, TX In beautiful lake community On Lake Palestine. Spacious 1.17 acres ,2417 sq. Ft. Brick 2 s...	3 beds \| 3 baths \| 2,417 sq.ft.	$279,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 7.33% Airbnb Rental Income: $1386 Traditional Rental Income: $2572 Airbnb ROI: 1.23% Traditional ROI: 7.33%
230 County Road 3191 Frankston, TX Price reduction to sell quickly, Motivated Sellers, bring your clients and an offer! Your ...	4 beds \| 3 baths \| 2,386 sq.ft.	$440,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 1.94% Airbnb Rental Income: $3505 Traditional Rental Income: $2493 Airbnb ROI: 2.52% Traditional ROI: 1.94%
10637 Circle Point Frankston, TX ELEGANT PLANTATION STYLE WATERFRONT ESTATE ON LAKE PALESTINE Welcome to your dream waterfr...	3 beds \| 3 baths \| 3,898 sq.ft.	$699,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.54% Airbnb Rental Income: $1386 Traditional Rental Income: $2583 Airbnb ROI: 0.06% Traditional ROI: 2.54%
2094 W Hwy 175 Frankston, TX Discover the perfect blend of space, convenience, and country charm with this solidly buil...	2 beds \| 2 baths \| 1,400 sq.ft.	$379,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.37% Airbnb Rental Income: $1548 Traditional Rental Income: $1672 Airbnb ROI: 0.76% Traditional ROI: 2.37%
559 ELM ST Frankston, TX Great home or investment opportunity in the heart of Frankston, conveniently located on a ...	3 beds \| 2 baths \| 2,371 sq.ft.	$245,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 7.74% Airbnb Rental Income: $1386 Traditional Rental Income: $2193 Airbnb ROI: 2.44% Traditional ROI: 7.74%
21431 Stevenson Rd Frankston, TX 21431 Stevenson Rd, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$389,000	Airbnb cash on cash: -0.69% Traditional cash on cash: -0.5% Airbnb Rental Income: $1256 Traditional Rental Income: $926 Airbnb ROI: -0.69% Traditional ROI: -0.5%
Lot 28 Leisure Ln Frankston, TX Lot 28 Leisure Ln, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: 7.59% Traditional cash on cash: 1.99% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: 7.59% Traditional ROI: 1.99%
Lot 27 Leisure Ln Frankston, TX Lot 27 Leisure Ln, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$70,000	Airbnb cash on cash: 8.29% Traditional cash on cash: 2.49% Airbnb Rental Income: $1256 Traditional Rental Income: $455 Airbnb ROI: 8.29% Traditional ROI: 2.49%
Lot 19 Easy St Frankston, TX Lot 19 Easy St, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: 9.99% Traditional cash on cash: 3.3% Airbnb Rental Income: $1256 Traditional Rental Income: $455 Airbnb ROI: 9.99% Traditional ROI: 3.3%
10881 Hillside Dr. Frankston, TX PRICED TO SALE. This charming 2-bedroom, 2-bathroom home, perfectly situated just a short ...	2 beds \| 2 baths \| 1,100 sq.ft.	$99,995	Airbnb cash on cash: 8.97% Traditional cash on cash: 7.06% Airbnb Rental Income: $1548 Traditional Rental Income: $915 Airbnb ROI: 8.97% Traditional ROI: 7.06%
11524 & 11536 Drake's Lndg Frankston, TX 11524 & 11536 Drake's Lndg, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: 0.17% Traditional cash on cash: -1.43% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: 0.17% Traditional ROI: -1.43%
11524 Drakes Lndg Frankston, TX 11524 Drakes Lndg, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: 0.17% Traditional cash on cash: -1.43% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: 0.17% Traditional ROI: -1.43%
21903 Boles Rd Frankston, TX 21903 Boles Rd, Frankston, TX 75763 \| Manufactured Home	3 beds \| 2 baths \| 1,845 sq.ft.	$360,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.87% Airbnb Rental Income: $1386 Traditional Rental Income: $1664 Airbnb ROI: -0.2% Traditional ROI: 1.87%
22451 Cherry Ln Frankston, TX 22451 Cherry Ln, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$349,000	Airbnb cash on cash: -0.51% Traditional cash on cash: -1.57% Airbnb Rental Income: $1256 Traditional Rental Income: $508 Airbnb ROI: -0.51% Traditional ROI: -1.57%
000 Fm-3506 Frankston, TX 000 Fm-3506, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$2,000,000	Airbnb cash on cash: -2.38% Traditional cash on cash: -2.6% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -2.38% Traditional ROI: -2.6%
11592 Tailslide Dr Frankston, TX 11592 Tailslide Dr, Frankston, TX 75763 \| Single Family Residential	3 beds \| 3 baths \| 2,384 sq.ft.	$799,000	Airbnb cash on cash: -1.69% Traditional cash on cash: -0.04% Airbnb Rental Income: $1386 Traditional Rental Income: $2192 Airbnb ROI: -1.69% Traditional ROI: -0.04%
7312 Tanglewood Frankston, TX 7312 Tanglewood, Frankston, TX 75763 \| Single Family Residential	2 beds \| 1 baths \| 751 sq.ft.	$115,000	Airbnb cash on cash: 6.32% Traditional cash on cash: 2.72% Airbnb Rental Income: $1548 Traditional Rental Income: $702 Airbnb ROI: 6.32% Traditional ROI: 2.72%
Tract 21 County Road 4224 Frankston, TX Tract 21 County Road 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$600,000	Airbnb cash on cash: -1.42% Traditional cash on cash: -2.16% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.42% Traditional ROI: -2.16%
Tract 20 County Road 4224 Frankston, TX Tract 20 County Road 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: -0.61% Traditional cash on cash: -1.79% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -0.61% Traditional ROI: -1.79%
Tract 19 County Road 4224 Frankston, TX Tract 19 County Road 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$437,500	Airbnb cash on cash: -0.92% Traditional cash on cash: -1.93% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -0.92% Traditional ROI: -1.93%
Tract 18 County Road 4224 Frankston, TX Tract 18 County Road 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$400,000	Airbnb cash on cash: -0.74% Traditional cash on cash: -1.85% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -0.74% Traditional ROI: -1.85%
Tract 17 County Road 4224 Frankston, TX Tract 17 County Road 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: -0.61% Traditional cash on cash: -1.79% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -0.61% Traditional ROI: -1.79%
Tract 13 County Road 4224 Frankston, TX Tract 13 County Road 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$362,500	Airbnb cash on cash: -0.53% Traditional cash on cash: -1.75% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -0.53% Traditional ROI: -1.75%
Tract 11 County Road 4222 Frankston, TX Tract 11 County Road 4222, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$925,696	Airbnb cash on cash: -1.9% Traditional cash on cash: -2.38% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.9% Traditional ROI: -2.38%
Tract 10 County Road 4222 Frankston, TX Tract 10 County Road 4222, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$939,236	Airbnb cash on cash: -1.91% Traditional cash on cash: -2.39% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.91% Traditional ROI: -2.39%
Tract 8 County Road 4221 Frankston, TX 000 ST Hwy 155 #Tract 8 CR 4221, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$918,979	Airbnb cash on cash: -1.89% Traditional cash on cash: -2.38% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.89% Traditional ROI: -2.38%
Tract 7 County Road 4221 Frankston, TX Tract 7 County Road 4221, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$939,236	Airbnb cash on cash: -1.91% Traditional cash on cash: -2.39% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.91% Traditional ROI: -2.39%
Tract 6 Hwy 155 Frankston, TX Tract 6 Hwy 155, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$871,111	Airbnb cash on cash: -1.85% Traditional cash on cash: -2.36% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.85% Traditional ROI: -2.36%
Tract 5 Hwy 155 Frankston, TX Tract 5 Hwy 155, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$729,167	Airbnb cash on cash: -1.66% Traditional cash on cash: -2.27% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.66% Traditional ROI: -2.27%
Tract 21 Cr 4224 Frankston, TX Tract 21 Cr 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$600,000	Airbnb cash on cash: -1.42% Traditional cash on cash: -2.16% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -1.42% Traditional ROI: -2.16%
Tract 19 Cr 4224 Frankston, TX Tract 19 Cr 4224, Frankston, TX 75763 \| Other	N/A beds \| N/A baths \| N/A	$437,500	Airbnb cash on cash: -0.92% Traditional cash on cash: -1.93% Airbnb Rental Income: $1256 Traditional Rental Income: $443 Airbnb ROI: -0.92% Traditional ROI: -1.93%

Real Estate investment in Frankston, TX

There are 73 properties for sale in the city of Frankston . The median list price in Frankston is $207,326 and the average price per square foot is $107. In July 2026, the average monthly cash on cash return in Frankston is 3.00%. The average monthly rental income in Frankston is $541.

Frankston, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 73 investment properties available for sale in Frankston.

In 2026, the best neighborhood to buy investment property is Frankston.

The ROI for Long-Term is higher than the Short-Term in Frankston with average rental income of $541.

Your search for investment property begins and ends here

Investment Property for Sale in Frankston, TX

23340 Three Points Dr

Frankston, TX

3 beds | 3 baths | 2,320 sq.ft.

$599,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $1386

Traditional Rental Income: $2782

Airbnb ROI: -0.46%

Traditional ROI: 2.79%

21945 Brierwood Dr

Frankston, TX

2 beds | 2 baths | 1,312 sq.ft.

$275,000

Airbnb cash on cash: 2.73%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1548

Traditional Rental Income: $1874

Airbnb ROI: 2.73%

Traditional ROI: 5.71%

432 ACR 322

Frankston, TX

4 beds | 3 baths | 2,389 sq.ft.

$559,900

Airbnb cash on cash: 3.38%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $3505

Traditional Rental Income: $2612

Airbnb ROI: 3.38%

Traditional ROI: 3.15%

8149 Highsaw Trl

Frankston, TX

3 beds | 2 baths | 1,689 sq.ft.

$310,000

Airbnb cash on cash: 1.19%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1386

Traditional Rental Income: $1929

Airbnb ROI: 1.19%

Traditional ROI: 4.49%

5494 An County Road 309

Frankston, TX

3 beds | 2 baths | 1,878 sq.ft.

$350,000

Airbnb cash on cash: 0.96%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $1386

Traditional Rental Income: $2144

Airbnb ROI: 0.96%

Traditional ROI: 4.55%

20850 CR 4226

Frankston, TX

4 beds | 3 baths | 2,812 sq.ft.

$799,999

Airbnb cash on cash: 1.7%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $3505

Traditional Rental Income: $2767

Airbnb ROI: 1.7%

Traditional ROI: 1.75%

13620 County Road 4224

Frankston, TX

2 beds | 2 baths | 1,609 sq.ft.

$496,000

Airbnb cash on cash: 0.71%

Traditional cash on cash: 2.74%

Airbnb Rental Income: $1548

Traditional Rental Income: $2043

Airbnb ROI: 0.71%

Traditional ROI: 2.74%

782 AN County Road 325

Frankston, TX

3 beds | 2 baths | 1,780 sq.ft.

$399,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1386

Traditional Rental Income: $1856

Airbnb ROI: 0.69%