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$989,000

218 Island View Drive, Pottsboro, TX, 75076

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,657 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$372.22 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven, Tankless Water Heater, Wine Cooler
FlooringTile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size15,220 sqft

Building Information

Year Built1982
Garage Spaces1

Land Information

APN029D6613013
Lot Number13
SubdivisionRusswood On The Lake Sec B
Land UseResidential
Legal DescriptionRUSSWOOD ON THE LAKE SEC B, LOT 13
Census Tract000305
Assessed Land Value$232,031
Assessed Improvement Value$421,256
Assessment Year2025

About this property

Imagine waking up to breathtaking panoramic views of Lake Texoma—sunsets that leave you speechless. Welcome to 218 Island View Drive, a lakeview retreat designed to showcase the beauty of the water from every angle. This thoughtfully crafted home was built with the lake lifestyle in mind. Enter on the main level where you'll find an open-concept living room and chef’s kitchen featuring quartz countertops, a center island with an electric cooktop, double ovens, and a beverage fridge—perfect for entertaining. A stunning stone see-through fireplace connects the living room to the spacious main bedroom, creating a cozy, elegant ambiance. The primary bathroom offers a spa-like experience with its oversized walk-in shower and luxurious soaker tub. Downstairs, the first level includes a generous second living area with a wet bar, two additional bedrooms, and a full bath—ideal for guests or multi-generational living. Step outside to the backyard oasis with a flagstone patio, ideal for evenings under the stars. Located just minutes from Highport Marina, and with a neighborhood boat ramp just down the hill, this is lake living at its finest. Bonus: Ask about the assumable 2.625% mortgage! Don’t miss your chance to own this one-of-a-kind lakeview property—schedule your private showing today!

Investor Tools

$404,356Estimated Mortgage Balance
$574,644Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,934 /month
Positive
Cash Flow Estimate:
$1,978 /month

Interested in this property?

Lainie Ramsey

HBL, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$518,069
2025
$232,031
$421,256
$653,287
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$518,069

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Va
$452,385
Yes
First
Dec 5, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,356
$574,644
58%
41%
$2,713/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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218 Island View Drive | Property Details | No Agent List