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Days34Days on Market
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$450,000

$475,000

64005 N State Hwy 289, Pottsboro, TX, 75076

On MarketInfo
Price DropInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size28,096 sqft

Land Information

APN038 8620001
Lot Number1
SubdivisionFink 3 Addn - Rplt Of Lot 1
Land UseReal-Vac Platted Lots - Commercial
Legal DescriptionFINK 3 ADDN - RPLT OF LOT 1, LOT 1R-A, ACRES 0.645
Census Tract000302
Assessed Land Value$60,575
Assessment Year2025

About this property

Motivated seller! BLANK CANVAS READY FOR YOUR VISION! 3.987 acres with prime road frontage along SH 289, offering excellent visibility and accessibility. With its versatile zoning potential, this property presents an outstanding opportunity for COMMERCIAL development, RESIDENTIAL use, or a combination of both in booming Pottsboro, Texas. PRIME LOCATION! With Lake Texoma's popularity driving continued development and investment, this property's location provides exceptional potential for future success. Lots of the property has been conveniently cleared already, but still offers lots of great views of mature trees framing the back of the property. Future proposed SH 289 expansion plans, which could enhance access, accommodate increased traffic, and elevate commercial opportunities in the area. City water & city sewer are nearby per the City- buyer to verify availability and connection requirements. You do not want to miss out on this unique opportunity!

Investor Tools

$1,060,981Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Pam Heinrich

Keller Williams Realty Allen

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$60,575
2025
$60,575
N/A
$60,575
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$60,575

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameristate Bank
Sba Participation Trust Deed
$1,080,000
No
First
Jul 29, 2025
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,060,981
N/A
0%
341%
$6,476/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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64005 N State Hwy 289 | Property Details | No Agent List