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$420,878

507 Preston Dr, Pottsboro, TX, 75076

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.2 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
AppliancesDishwasher, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size1.00 acres

Building Information

Year Built1975
Roof Type109

Land Information

APNP004 605601001
Lot Number13
SubdivisionPreston Ridge Addn
Land UseResidential
Legal DescriptionPRESTON RIDGE ADDN, BLOCK 3, LOT 13
Census Tract000302
Assessed Land Value$142,900
Assessed Improvement Value$313,498
Assessment Year2025

About this property

Conveniently located just off of Hwy 120 & 289 this spacious four bedroom brick home in the exemplary rated Pottsboro ISD features a recently updated kitchen & laundry room with granite countertops and custom cabinetry. The flexible floorplan has an oversized fourth bedroom that would also make a great den or workout room. This home has many great features such as a wood burning fireplace, jetted bathtub, covered front and back porches. All of this AND its situated on a 1 acre lot with plenty of room to build a shop & abundant parking space for your RV or boat. Enjoy the Summer Splashing away in the 40'x20' swimming pool. Highport Marina is just 6.9 miles away for all your fun recreation and dining needs.

Investor Tools

Property Icon
$420,878
Estimated Property Value
$250,000Estimated Mortgage Balance
$142,824Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,525 /month
Positive
Cash Flow Estimate:
$842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,098
$420,878
2025
$142,900
$313,498
$456,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,098
$420,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$250,000
No
First
Feb 25, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,054
$142,824
33%
66%
$1,855/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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507 Preston Dr | Property Details | No Agent List