Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd Lot 1 FLOWING WELLS Pottsboro, TX 75076

    View on Map
    Claim this Listing
    New
    For Sale
    $335,000

    Unimproved Land - Pottsboro, TX

    Type:Unimproved Land
    Lot size:
    11.00 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 29 at 1:06 pm

    Property Features for Tbd Lot 1 FLOWING WELLS

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    441966
    Lot size
    11.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Cary Bauer

    Listing agent Cary Bauer License #0641624

    Listing office Steve Cook & Co, REALTORS 225 Hwy 120 W, Pottsboro, TX

    Listing date Apr 27, 2026

    MLS# 21020924 Listing URL

    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.

    Overview

    Pottsboro Land with Agg Exemption

    This 11.51-acre tract of land, currently under agricultural exemption, presents an opportunity for building a homestead. The property is located near Flowing Wells and Millcreek Marinas, offering convenient access to lake activities, and is approximately 5 minutes from the town of Pottsboro. The land is part of a larger 35.51-acre tract that the owner intends to divide into two lots: one 24-acre lot and the other the existing 11.51-acre lot. The entire acreage maintains its agricultural exemption status. A new survey will be required to determine the final lot size for the 11.51-acre tract before closing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Building Supply Bed & Breakfast Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pottsboro
    County
    Grayson
    State
    Texas
    Longitude
    -96.742338
    Latitude
    33.777667

    Nearby Similar for Sale

    • $975,000

      Pottsboro Storage Facility on 9 Acres

      50-unit storage facility on 9 acres near Lake Texoma.
      470 Lazy Acres Circle, Pottsboro, TX 75076
      View Details
    • $445,000

      Pottsboro Land with Outbuildings

      5.75 acres in Pottsboro, TX with multiple outbuildings.
      Tbd Pearce Drive, Pottsboro, TX 75076
      View Details
    • $1,175,000
      2,344 SF

      Pottsboro Farm/Ranch Near Lake Texoma

      11-acre farm/ranch property near Lake Texoma with wildlife refuge.
      7146 Refuge Road, Pottsboro, TX 75076
      View Details
    • $125,000

      Versatile Land Near Lake Texoma

      0.6-acre corner lot with RV hookups near Lake Texoma.
      197 Quail Creek Circle, Pottsboro, TX 75076
      View Details
    • $190,000

      Golf Course Lot Near Lake

      1.13 acre golf course lot near Lake Texoma.
      Lot 31 Palmer Lane, Pottsboro, TX 75076
      View Details
    • $135,000

      Unimproved Land Near Lake Texoma

      Land near Lake Texoma, close to Highport Marina.
      Tbd 881-4 Tanglewood Trail, Pottsboro, TX 75076
      View Details
    • $85,000

      Residential Land Near Lake Texoma

      Corner lot in gated community near Lake Texoma.
      11 Willow Tree Lane, Pottsboro, TX 75076
      View Details
    • $115,000

      Land Near Lake Texoma

      Unimproved land near Lake Texoma, Pottsboro, TX.
      Tbd 881-3 Tanglewood Trail, Pottsboro, TX 75076
      View Details
    • $95,000

      Residential Land Near Lake Texoma

      Gated community lot near Lake Texoma and Tanglewood.
      380 Whispering Meadow Boulevard, Pottsboro, TX 75076
      View Details
    • $958,000

      Pottsboro Land with Metal Shop

      35.51 acres of AG exempt land near Pottsboro, TX.
      316 FLOWING WELLS, Pottsboro, TX 75076
      View Details
    • $469,000

      Land For Sale Pottsboro, TX

      5.123 acre land parcel available in Pottsboro, Texas.
      0000 Reeves Road, Pottsboro, TX 75076
      View Details
    • $189,500

      Golf Course View Land

      Land with golf course views near Lake Marina and Resort.
      38 Palmer Lane, Pottsboro, TX 75076
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 11.51 acres near Flowing Wells and Millcreek Marina.
    Where is this agricultural land / farmland located?
    The property is located at Tbd Lot 1 FLOWING WELLS Pottsboro, TX.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: 11.51‑acre tract ideal for a homestead.; Agricultural (AGG) exemption in place.; Owner financing available.
    (903) 786-3355
    We can help!
    Listing Contact
    Cary Bauer
    Real Estate License ID: 0641624
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!