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$232,000

NAL Estimated Property Value

101 Lakewood Lane, Pottsboro, TX, 75076

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,229 Sq Ft
price_per_sqft$227.83 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringVinyl, Wood

Exterior

Lot Size15,586 sqft

Building Information

Year Built1958
Garage Spaces1

Land Information

APN028A6558033
Lot Number3,109
SubdivisionTanglewood Hills Ctry Cl 10-15
Land UseResidential
Legal DescriptionTANGLEWOOD HILLS CTRY CL 10-15, BLOCK 13, LOT 3, 109.9X141.2X111X141 109.9X141.2X111X141
Census Tract000306
Assessed Land Value$86,364
Assessed Improvement Value$104,931
Assessment Year2025

About this property

Tucked among the trees on a scenic hill, this charming 2-bedroom, 2-bath home offers the perfect blend of privacy, comfort, and location. With approximately 1,229 square feet of living space, hardwood floors, a welcoming porch, and a convenient carport, this property is ideal as a weekend getaway, vacation rental, investment property, or full-time residence. Situated on approximately .358 acres, the home has a peaceful setting while still being close to all the fun and recreation the area has to offer. Enjoy relaxing mornings on the porch surrounded by nature, then take a short walk to the shores of Lake Texoma for fishing, boating, swimming, or simply taking in the views. You will also be within walking distance of Tanglewood Resort and Island Bar & Grill, making it easy to enjoy dining, entertainment, and resort amenities nearby. Golf lovers will appreciate being less than a mile from the golf club at Tanglewood Resort. With no HOA, you have the freedom to use the property how you choose. Whether you are looking for a place to escape the city, a short-term rental opportunity, or a permanent home near the lake, this property offers endless possibilities. Conveniently located within easy reach of the DFW Metroplex, this home is also less than an hour from Choctaw Casino & Resort and WinStar World Casino and Resort, giving you quick access to gaming, dining, concerts, and entertainment. If you have been looking for an affordable lake area property with character, privacy, and an unbeatable location near the water, this is one you will not want to miss.

Investor Tools

Property Icon
$232,000
Estimated Property Value
$81,030Estimated Mortgage Balance
$150,970Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,684
$191,295
2025
$86,364
$104,931
$191,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,684
$191,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$88,400
No
First
Dec 3, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,030
$150,970
65%
35%
$531/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pottsboro

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101 Lakewood Lane | Property Details | No Agent List