1view

Owner Contacts

$252,000

NAL Estimated Property Value

85 Louisiana Avenue, Pottsboro, TX, 75076

Off Market

1 Beds

1 Bath

800 Sq Ft

Built in 1960

Highlights

Interior

Bedrooms 1

Bathrooms 1

Exterior

Exterior FeaturesAwning(s), Dog Run, Fire Pit, Lighting, Private Entrance, Private Yard, Storage, Uncovered Courtyard, Other, Garden

Lot Size1.11 acres

Building Information

Year Built1960

Land Information

APN005A6534006

Lot Number7-10

SubdivisionPreston Bend Point (Replat)

Land UseResidential

Legal DescriptionPRESTON BEND POINT (REPLAT), LOT 7 8 9 & 10, ACRES 1.1131

Census Tract000306

Assessed Land Value$146,121

Assessed Improvement Value$94,547

Assessment Year2025

About this property

Beautiful 1.17-acre property consists of 4 lots, 7, 8, 9, and 10 and backs to Army Corps of Engineers land on Lake Texoma. Fully fenced and gated, offering both privacy and security. Utilities are turnkey, including driveway, culvert, septic, and electric. Preston Bend allows short-term rentals, mobile homes, barndos, manufactured homes, RVs, boats, animals with no known restrictions. When you visit, take a stroll east down Arkansas to enjoy the well maintained beach and meet future neighbors relaxing on the water. The location i situated close to three marinas and the soon-to-be-opened Jimmy Buffett's Margaritaville. Massive Return on Investment in this area There are three structures on the property: Structure 1: An 800 sq ft home features a full bath, utility, large kitchen, fridge, living, dining, bedroom, huge master closet. Needs TLC or Tear Down. Structure 2: An oversized shop with electric, windows and storage. Structure 3: A convenient 8x10 shed for additional storage.

Investor Tools

$252,000

Estimated Property Value

$291,537Estimated 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

$1,560 /month

Positive

Cash Flow Estimate:

$520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$113/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$91

$240,668

2025

$146,121

$94,547

$240,668

Tax History

Year

Tax Paid

Assessed Value

2024

$91

$240,668

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Barco Lending Lp

Building Or Construction Loan

$300,000

First

Oct 28, 2024

Apr 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$291,537

N/A

116%

$1,799/mo

Learn About the Market: Opportunity in Texas

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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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