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$363,000

NAL Estimated Property Value

16 Cedar Bayou Cir, Pottsboro, TX, 75076

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.38 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,967 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN022 6831011
Lot Number4
SubdivisionSummer Cove Addn Phase Two
Land UseResidential
Legal DescriptionSUMMER COVE ADDN PHASE TWO, BLOCK 2, LOT 4
Census Tract000306
Assessed Land Value$43,943
Assessed Improvement Value$343,618
Assessment Year2025

About this property

Come see this one owner brick and stone home in the gated community of Summer Cove, just 7 miles north of Pottsboro and close to several marinas on Lake Texoma. This open floor plan is perfect for entertaining. Three bedrooms and two full baths. Two dining areas and a covered back patio that overlooks a greenbelt area. The living area is oversized and has 12' ceilings and a corner brick and stone fireplace. The kitchen has granite countertops, lots of cabinets and storage and recent stainless steel appliances. Primary bathroom has dual sinks, garden tub, walk in shower and walk in closet. Recent updates include the roof, gutters, exterior paint, window screens, HVAC and kitchen appliances. The HOA includes sewer, trash, access to the community pool, park and playground area, tennis courts, security gate and RV or Boat Parking. The location in the Pottsboro School District, but with no city taxes is great for full time living or that weekend getaway.

Investor Tools

Property Icon
$363,000
Estimated Property Value
$287,730Estimated Mortgage Balance
$75,270Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$187/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,746
$333,417
2025
$43,943
$343,618
$387,561
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,746
$333,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$292,000
No
First
Jul 1, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,730
$75,270
20%
79%
$1,751/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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16 Cedar Bayou Cir | Property Details | No Agent List