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$240,000

NAL Estimated Property Value

144 Summer Place Cir, Pottsboro, TX, 75076

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,332 Sq Ft
price_per_sqft$138.89 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringHardwood, Stone, Tile

Exterior

Lot Size7.29 acres

Building Information

Year Built1984
Garage Spaces1

Land Information

APN022 669600100K044
SubdivisionSummer Cove Phase I
Land UseResidential
Legal DescriptionSUMMER COVE PHASE I, BLDG L #144, TYPE B3 & 1.97859% COMMON, ACRES 7.29 BLDG L #144, TYPE I B3 UNIT
Census Tract000306
Assessed Land Value$36,405
Assessed Improvement Value$179,125
Assessment Year2025

About this property

Charming Condo in Gated Summer Cove Near Lake Texoma – Ideal Home or Investment! Welcome to this well-kept 2-bedroom, 2-bath condo just a short drive away from Lake Texoma! Whether you're looking for a peaceful place to call home or a long-term investment, this unit checks all the boxes: • Transferable home warranty good through 6-30-26 • Washer, dryer, refrigerator, and microwave included with the sale • Located in a gated community near Lake Texoma • Three versatile flex rooms upstairs – one is currently used for an additional place to sleep, plus 2 different spaces for a home office, bonus room, media room, or playroom • Rear patio deck backs up to a large grassy area and greenbelt • Guest parking conveniently located across the street • Community amenities include: • Swimming pool • Hot tub • Playground • Tennis Courts • Designated storage area for RVs, boats, and trailers • Located near TX-289 and Hwy 75 • Close to grocery stores, shopping, restaurants, and recreational spots • Near the future Margaritaville Resort and Preston Harbor Development Don’t Miss Out! This is a rare opportunity for investors, yet flexible enough to serve as a full-time home or a place for weekend getaways – all in a gated community with great amenities!

Investor Tools

Property Icon
$240,000
Estimated Property Value
$178,411Estimated Mortgage Balance
$61,589Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$438/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,969
$215,530
2025
$36,405
$179,125
$215,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,969
$215,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$179,450
No
First
Jan 30, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,411
$61,589
25%
74%
$1,076/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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