Duplex Vacation Rental
For Sale
$384,000
52 Shoreline Road, Pottsboro, TX 75076
ResidentialIncome, Pottsboro, TX
Property Size2,743 SF
Lot Size0.25 Acres
Price / SF$139.99
Days on Market53
Property Features for 52 Shoreline Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 2
Parking
7
Patio and Porch features
Deck, Porch
Interior features
EatInKitchen, OpenFloorplan, VaultedCeilings
Fireplace
1
Appliances
Dishwasher, ElectricOven, ElectricWaterHeater, Microwave
Subdivision
Shoreline Estates Add
Elementary school
Pottsboro
Middle school
Pottsboro
High school
Pottsboro
Elementary school district
Pottsboro ISD
Middle school district
Pottsboro ISD
High school district
Pottsboro ISD
Directions
Take N US Hwy 75, exit 82, turn left on 82 west, exit 636 on 289, turn right on Elks Blvd, turn right on Shoreline Rd, destination is on your left.
Standard status
Active
APN
101932
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
SHORELINE ESTATES ADDN, LOT 49-48 ACRES .1277.1250
Tax Annual Amount
3253
Legal Description
SHORELINE ESTATES ADDN, LOT 49-48 ACRES .1277.1250
Utilities
Sewer type
Septic Tank
Heating system
Fireplace(s), Electric (Heating)
Cooling system
Central Air, Window Unit(s), Ceiling Fan(s)
Amenities
covered front porch
covered back deck
Building Details
Year built
2010
Floors in Building
1
Number of units
2
Flooring type
Laminate, Concrete
Roof type
Metal, Composition
Listing Agency:
PARAGON, REALTORS
(903) 893-8174
Listed By:
Stefanie Taylor · License #0805817
(281) 236-8064
Added: Jul 16
Changed: Sep 5
Last Checked: Sep 6 at 12:06AM
MLS# 21297557
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex-style property contains two separate living areas at 52 Shoreline Road. The main residence measures 1,463 square feet and includes two bedrooms plus a flexible third room, a full kitchen, three bathrooms, laundry space, large windows, a covered front porch, and a covered back deck. The converted shop provides a second 1,280-square-foot unit with one bedroom, a full kitchen, bathroom facilities, and laundry space. Interior features include an open floor plan, eat-in kitchens, vaulted ceilings, laminate and concrete flooring, electric heating, central air, window units, ceiling fans, and a fireplace. Built in 2010, the property sits on 0.2527 acres and is served by a septic tank. Both residences are operating as vacation rentals. Lake Texoma marinas, boat ramps, fishing, dining, and recreation are located nearby.
Key Highlights
- Two separate living areas configured as a duplex‑style property
- Main residence includes 1,463 square feet, two bedrooms, and a flexible third room
- Converted shop provides a 1,280‑square‑foot rental unit with one bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,027
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$420,540
$420.5K
Cap Rate 7%
$300,386
$300.4K
Cap Rate 9%
$233,633
$233.6K
Market Conditions
NOI Build-Up for 2,743 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$33.9K $12.36/SF
− Vacancy
−$3.9K −$1.41/SF
EGI
$30.0K $10.95/SF
− OpEx
−$9.0K −$3.29/SF
NOI
$21.0K $7.67/SF
Area
Grayson County, TX
Vacancy
11.40%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$420,540
Cap Rate 7%
$300,386
Cap Rate 9%
$233,633
Alternative Uses
Best Use
Multifamily LT 5
$300.4K
$262.8K – $350.5K
NOI $21,027 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$266.3K
$233.0K – $310.7K
NOI $18,640 @ 7.0% cap · market cap 4.85%
Theoretical Best
Hotel Hospitality
$1.41M
$1.23M – $1.64M
NOI $98,501 @ 7.0% cap · market cap 25.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 75076, TX
8,057
Population
4,361
Households
1.8
Avg Household Size
50
Median Age
21%
College-Educated
93%
High-School Grad
50.3 sq mi
ZIP Area
160
Density / Sq Mi
$76,644
Median Household Income
$41,274
Median Earnings
$1,337
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent living areas support vacation rentals, extended stays, or multi-generational use near Lake Texoma recreation.
Where is this duplex located?
The property is located at 52 Shoreline Road Pottsboro, TX.
What is the asking price?
The asking price for this property is $384,000.
What are key features of this property?
This property features: Two separate living areas configured as a duplex‑style property; Main residence includes 1,463 square feet, two bedrooms, and a flexible third room; Converted shop provides a 1,280‑square‑foot rental unit with one bedroom
