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$288,000

NAL Estimated Property Value

15 Mill Creek Meadow Road, Pottsboro, TX, 75076

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,454 Sq Ft
price_per_sqft$165.06 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesPrivate Yard
Lot Size31,969 sqft

Building Information

Year Built1960

Land Information

APN035B652900304
Lot Number3
SubdivisionMill Creek Meadows
Land UseResidential
Legal DescriptionMILL CREEK MEADOWS, LOT 3
Census Tract000305
Assessed Land Value$90,146
Assessed Improvement Value$170,393
Assessment Year2025

About this property

Wonderful Cedar Shaker Cottage nestled in the woods near Mill Creek Marina on Lake Texoma! Sitting on a little over three quarter acre lot, heavily treed with private tree lined hedge and dry creek along the back of the property. Open spacious kitchen and dining features tall cabinets & granite countertops. Hardwood floors in both bedrooms and Living Room. Good sized bedrooms. Living room features a gas log fireplace with remote - easy to adjust heat output. Window unit AC keeps the house comfortable. Screen enclosed front porch, HUGE open covered deck in the back, nice sized sunroom at back door entry, recently updated separate laundry room with extra space to add a half bath. Walking distance to Mill Creek Marina on the beautiful Lake Texoma. Great potential for weekend retreat or rental. Barn could be covered parking.

Investor Tools

Property Icon
$288,000
Estimated Property Value
$167,175Estimated Mortgage Balance
$120,825Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,414
$260,539
2025
$90,146
$170,393
$260,539
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,414
$260,539

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Advisors Group
Reverse Mortgage / Hecm
$189,000
No
First
May 22, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,175
$120,825
41%
58%
$913/mo

City: Pottsboro

15 Mill Creek Meadow Road | Property Details | No Agent List