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$224,500

124 Summer View Ln, Pottsboro, TX, 75076

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,257 Sq Ft
price_per_sqft$178.6 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Tennis Court(s)
Lot Size7.29 acres

Building Information

Year Built1984
Garage Spaces1

Land Information

APN022 669600100K024
SubdivisionSummer Cove Phase I
Land UseResidential
Legal DescriptionSUMMER COVE PHASE I, BLDG F UNIT 124, TYPE B2 REV & 1.897% COMMON, ACRES 7.29 BLDG F #124, TYPE I B2 UNIT REV
Census Tract000306
Assessed Land Value$34,934
Assessed Improvement Value$203,986
Assessment Year2025

About this property

This furnished condo is a rare find. Situated on the ground level, this corner unit, known as a flat, is move-in ready. The bedrooms, bathrooms, kitchen, dining area, and living room are all accessible without climbing stairs, so just bring your essentials and you're all set. Step through the front door and you're greeted by vaulted ceilings in the living room, natural light from the windows, and glass sliding doors that open to a wrap-around wooden deck with a beautiful view. The large master bedroom also offers direct access to the deck, while the second bedroom has direct access to the second bathroom. Both bathrooms have been recently updated since the seller purchased the condo in the summer of 2025. (MOST FURNISHINGS AND DECOR WILL BE INCLUDED IN THE SALE OF THE CONDO) The loft can serve as a third bedroom, office, game or hobby room, additional living area, or extra storage. This gated community offers a pool, tennis courts, RV and boat parking, a playground and more. Restaurants, fishing, and all the fun Lake Texoma has to offer are just a hop, skip, and a jump away. CCRs - Rules and Regulations are available on the Summer Cove website.

Investor Tools

$165,003Estimated Mortgage Balance
$74,664Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
$387/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,299
$238,920
2025
$34,934
$203,986
$238,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,299
$238,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$167,200
No
First
Aug 27, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,003
$73,917
30%
69%
$1,003/mo

Learn About the Market: Opportunity in Texas

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Explore

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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