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Lake Texoma Investment Opportunity
For Sale
$3,236,550

75005 N State Hwy 289, Pottsboro, TX 75076

Versatile property near Lake Texoma with multiple income streams.

Property SizeContact for details
Lot Size5.63 Acres
Days on Market540

Property Features for 75005 N State Hwy 289

General Information

Standard status Active
Lot size 5.63 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $17,549

Building Details

Year Built 1960
Listing Agency: Vincent Realty Group
Listed By: Sara Jerome · License #0630971
Source: Exitrealty
Added: Feb 15, 2025 Changed: Aug 8 Last Checked: Apr 5 at 9:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vincent Realty Group

Investment Insights

Based on property information with market context.

This property presents multiple uses at the gateway to Lake Texoma. It features a 15-room motel with completely remodeled rooms, along with 20 large boat storage spaces located behind the hotel. Additionally, there is a ship store, a boutique, and a commercial kitchen behind the boutique. The ship store and boutique share three inside bathrooms and two outside bathrooms. The property also includes a log-sided liquor store and a BBQ restaurant currently leased on the north parcel. On the south parcel, three buildings are gutted and ready for remodel into offices or homes. An old 1900's caboose is situated on the front of the parcel, along with a fenced 12-stall tall boat storage and a large 2-bay shop and office on the back side of the south property. The property consists of approximately 5 acres and is located inside the city limits of Pottsboro, within 2 miles of the new Hard Rock development and 3 miles to Highport Marina. It is also located 30 minutes to Frisco down 289, 15 minutes to Sherman and the new IT corridor along FM 1417, 15 minutes to Denison, and 20 minutes to Durant. The property fronts highway 289.

Key Highlights

  • Prime investment opportunity at the gateway to Lake Texoma with multiple income streams.
  • Remodeled 15‑room motel included.
  • Large 5+ acre property on Hwy 289 with development potential.

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Furniture & Home Goods Auto Repair Shop Skin Care Clinic Spa & Massage Center Home Appliance Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Motel - Versatile property near Lake Texoma with multiple income streams.
Where is this motel located?
The property is located at 75005 N State Hwy 289 Pottsboro, TX.
What is the asking price?
The asking price for this property is $3,236,550.
What are key features of this property?
This property features: Prime investment opportunity at the gateway to Lake Texoma with multiple income streams.; Remodeled 15‑room motel included.; Large 5+ acre property on Hwy 289 with development potential.
More about this property
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