B+

NoAgentList RatingHow are grades calculated?

112Days on Market

1view

$245,000

412 Lee Boulevard, Pottsboro, TX, 75076

$268,742 ARV

On Market

3 Beds

2 Bath

1,340 Sq Ft

Single Family Residence

$182.84 / sqft

Built in 1971

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan

FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage

Lot Size10,001 sqft

Building Information

Year Built1971

Land Information

APN026A6552284

Lot Number678-680

SubdivisionSimmons Shores

Land UseResidential

Legal DescriptionSIMMONS SHORES, LOT 678 THRU 680

Census Tract000306

Assessed Land Value$48,400

Assessed Improvement Value$199,457

Assessment Year2025

About this property

Highly desired Simmons Shores. From this 3 bedroom very cute home, it is only a short drive or walk to the lake. Use the Private Boat ramp to beautiful Lake Texoma, community Pool with playground, large pavilion, picnic table and BBQ grill. Home has recent interior paint, most flooring recently replace with luxury vinyl plank, some plumbing updates. Spacious Living Room, Three Bedrooms, 1.5 baths, office, Kitchen offers loads of cabinet storage. Three lots on a corner location. Plenty of space to park the boat and RV. Backyard has wood privacy fencing. Large storage building or it could be your workshop. Outside of the City Limits, so NO CITY TAXES. Conveniently located off HWY 289. The Dollar Store is blocks away, Brookshire's Grocery is just minutes away, Oklahoma is a hop, skip, jump away. This could be your full time & feel like you are always on vacation. Or part time home. I would be a great investment property as a Rental or AirBNB. This one is a must see TODAY!

Investor Tools

$247,857

Estimated Property Value

$0Estimated Mortgage Balance

$247,857Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$268,741

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,487 /month

Positive

Cash Flow Estimate:

$496 /month

Interested in this property?

PAULA CLOUD

PARAGON, REALTORS

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$380/month

$90/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,327

$247,857

2025

$48,400

$199,457

$247,857

Tax History

Year

Tax Paid

Assessed Value

2024

$3,327

$247,857

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$247,857

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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