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$125,000

131 Sherman Dr, Pottsboro, TX, 75076

$143,502 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,152 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$108.51 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Electric Oven, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size30,000 sqft

Building Information

Year Built1968

Land Information

APN022C6537045
Lot Number354-359
SubdivisionPreston Shores Unit 2
Land UseResidential
Legal DescriptionPRESTON SHORES UNIT 2, LOT 354 THRU 359
Census Tract000306
Assessed Land Value$98,997
Assessed Improvement Value$68,763
Assessment Year2025

About this property

Plenty of summer left, imagine yours at Lake Texoma! This property is an opportunity to be super close to Lake Texoma, with walkability to Corps of Engineers beach, just N of Sunset. The 3 BR 2 BA mobile home and 0.726 (CAD) lot have been priced to allow for needed improvements. Lake location and home combination could become a generational gathering spot! No HOA, the mobile home is set on a corner lot with trees for privacy. Plenty of space to park a boat, plus a storage building for your lake toys. Schedule your tour today!

Investor Tools

Property Icon
$138,000
Estimated Property Value
$0Estimated Mortgage Balance
$138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$143,502
Rent-to-Value Ratio: 0.72%
Rent Estimate
$828 /month
Positive
Cash Flow Estimate:
$276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$207
$108,961
2025
$98,997
$68,763
$167,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$207
$108,961

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$138,000
100%
0%
$0/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.

Explore Texas Explore This Area
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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131 Sherman Dr | Property Details | No Agent List