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$347,480

611 Grayson Street, Pottsboro, TX, 75076

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,127 Sq Ft
Multi FamilyMulti Family
price_per_sqft$528.84 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size13,678 sqft

Building Information

Year Built2005

Land Information

APNP003 0986007
SubdivisionPotts James A A-G0986
Land UseReal-Residential Single Family & Condos W/Lan
Legal DescriptionG-0986 POTTS JAMES A A-G0986, 75 X 162 75 X 162
Census Tract000302
Assessed Land Value$86,171
Assessed Improvement Value$261,309
Assessment Year2025

About this property

Unique opportunity to own a great residential investment property in Pottsboro featuring 4 single story units, 2 garage spaces and outdoor space for kids and pets. The Grayson Street Homes features homes that are tastefully designed and crafted. This is an opportunity to own four individual quality rental homes on one property across from James G. Thompson Park and in close proximity to restaurants, healthcare, groceries, and schools. This is a high demand residential rental market & this property has a history of operation with a solid return on investment.

Investor Tools

Property Icon
$347,480
Estimated Property Value
$0Estimated Mortgage Balance
$347,480Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,576 /month
Positive
Cash Flow Estimate:
$1,192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,069
$347,480
2025
$86,171
$261,309
$347,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,069
$347,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$347,480
100%
0%
$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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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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611 Grayson Street | Property Details | No Agent List