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$350,000

53 Spanish Trail, Pottsboro, TX, 75076

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,581 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.38 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Electric Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBarbecue
Lot Size15,002 sqft

Building Information

Year Built1960

Land Information

APN028A6558062
Lot Number19,100
SubdivisionTanglewood Hills Ctry Cl 10-15
Land UseResidential
Legal DescriptionTANGLEWOOD HILLS CTRY CL 10-15, BLOCK 14, LOT 19, 100X150 100X150
Census Tract000306
Assessed Land Value$99,499
Assessed Improvement Value$237,488
Assessment Year2025

About this property

Own a little piece of heaven near Lake Texoma in the exclusive Tanglewood community! This charming rustic cabin is just minutes from the lake, Tanglewood Resort, and Highport Marina, offering the perfect blend of relaxation and recreation. Step inside to soaring vaulted beamed ceilings, distressed wood floors, and a stunning wood-burning fireplace that anchors the light-filled open-concept living and dining area. A wall of windows overlooks the heavily treed, fully fenced backyard, creating a peaceful retreat surrounded by nature. The spacious primary suite features an ensuite bath, while the secondary bedrooms provide comfortable accommodations, including one with its own private bath. A loft area offers additional sleeping space, a reading nook, or a flexible bonus area to fit your needs. Designed for both entertaining and unwinding, the property includes a separate game room & expansive outdoor living spaces. Gather around the oversized fire pit, enjoy the sprawling back deck, or spend evenings under the stars in the privacy of your wooded backyard! Whether you're launching from nearby Highport Marina for a day on Lake Texoma, enjoying the amenities of Tanglewood, or simply escaping the hustle and bustle of everyday life, this inviting cabin offers the perfect North Texas getaway. Experience the beauty, tranquility, and charm of one of Texoma's most desirable communities. Make this special property yours today! This property also includes parking space for a boat along with a full size utility room.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$0Estimated Mortgage Balance
$94,226Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month

Interested in this property?

Ron Moore

Team Moore

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,695
$336,987
2025
$99,499
$237,488
$336,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,695
$336,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$320,400
No
First
Jun 16, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,774
$94,226
23%
76%
$1,921/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.

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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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53 Spanish Trail | Property Details | No Agent List