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$599,000

226 Cambridge Dr, Pottsboro, TX, 75076

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.89 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Gas Cooktop, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Slate, Tile, Wood

Exterior

Exterior FeaturesFire Pit, Lighting
Lot Size10,001 sqft

Building Information

Year Built1969
Garage Spaces4

Land Information

APN029B6505090
Lot Number21,22
SubdivisionCambridge Shores Unit 1
Land UseResidential
Legal DescriptionCAMBRIDGE SHORES UNIT 1, BLOCK 6, LOT 21 & 22
Census Tract000305
Assessed Land Value$70,000
Assessed Improvement Value$262,490
Assessment Year2025

About this property

Beautiful Lake Texoma retreat featuring a main house and guest house at 60 Wales Dr, in the Cambridge Shores community—both offered fully furnished and ready for immediate enjoyment or income potential. As you enter the drive, you’re welcomed with a glimpse of Lake Texoma, setting the tone for true lake living. The updated mid-century modern main home offers approximately 1,650 SF with 2 bedrooms and 2 baths, highlighted by a stunning wall of windows that brings in abundant natural light and overlooks your own private, wooded .46-acre setting. The lower level includes a garage and a spacious bunk room—perfect for hosting guests after a day on the lake. The guest house adds an additional 700 SF with 1 bedroom and 1 bath, creating incredible flexibility. Live in one and rent the other, or maximize income by utilizing both as short-term rentals. This setup is ideal for multi-generational living, extended family, or investors looking for a turnkey opportunity. Located just a golf cart ride from the neighborhood boat ramp and community dock, you’ll enjoy effortless access to all that Lake Texoma has to offer. UTV in garage is included. Whether you’re seeking a private getaway, full-time residence, or income-producing property, this rare two-home package delivers versatility, privacy, and value. Bring your boat and start enjoying the Texoma lifestyle from day one.

Investor Tools

$228,728Estimated Mortgage Balance
$370,272Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Layla Fain

Easy Life Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,714
$332,490
2025
$70,000
$262,490
$332,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,714
$332,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Partners Bank
Conventional
$250,000
No
First
Nov 12, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,728
$370,272
61%
38%
$1,499/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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