$643,255
NAL Estimated Property Value26 Scenic Drive, Pottsboro, TX, 75076
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesStorage
Lot Size1.42 acres
Building Information
Year Built1968
Stories2
Garage Spaces2
Land Information
APN022A6539086
Lot Number298-303
SubdivisionPreston Shores Unit 4
Land UseResidential
Legal DescriptionPRESTON SHORES UNIT 4, LOT 298-303 & 322-327
Census Tract000306
Assessed Land Value$154,345
Assessed Improvement Value$488,910
Assessment Year2025
About this property
Beautiful cabin only minutes from Lake Texoma on 1.4 acre lot. Possibilities are endless, with gorgeous cabin that has new paint, flooring and so much more. The 50x100 steel building with 28x15 enclosed ac living quarters with full bath offer endless commercial opportunities or conversion to a barndominium. Also on lot is large storage building that could be converted. The property has two septic systems in place a beautiful well manicured lot. Could be the perfect weekend getaway home or many other options.
Investor Tools
$643,255
Estimated Property Value
$235,845Estimated Mortgage Balance
$407,410Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,860 /month
Positive
Cash Flow Estimate:
$1,287 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,268
$643,255
2025
$154,345
$488,910
$643,255
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,268
$643,255
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Purchase Money Mortgage
$259,250
No
First
Aug 31, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,845
$407,410
63%
37%
$1,555/mo
