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    Pam Dr Chico, TX 76431

    For Sale
    $292,000

    7.78 Acres, Prime Residential Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.78-acre residential lot presents a unique opportunity in Chico, Texas. Located on Pam Drive, off FM1734 and El Lago Drive at Lake Bridgeport, this property boasts convenient access to area amenities. While lacking direct waterfront access, its position adjacent to the shoreline offers stunning lake views and proximity to waterfront properties. Priced at $292,000 ($0.86/sq ft), this land is zoned for residential use and is ideal for building a single-family home. The property extends from the intersection of FM1734 and El Lago Road down to Pam Drive, following the contour of the shoreline. It's important to note that this property is not subdividable and must be purchased as a single 7.78-acre parcel. Situated in Wise County, Texas, with the zip code 76431, this land offers a tranquil setting while remaining conveniently located. The property's elevated position above the waterfront properties ensures privacy and potentially expansive views. This is a remarkable opportunity to build your dream home in a desirable lakeside community. Buyers are encouraged to conduct their own due diligence regarding utilities and building permits.

    Property Features for 0 Pam Dr

    General Information

    Property type
    Land
    Lot Size
    338,897 SF

    HighLights

    • 7.78‑acre residential lot in Chico, TX.
    • Located on Pam Drive, off FM1734 and El Lago Drive near Lake Bridgeport.
    • Offers stunning lake views, close to waterfront properties.
    • Priced at $292,000 ($0.86/sq ft), zoned for residential use.
    • Not subdividable; must be purchased as a single parcel.
    • Elevated position provides privacy and expansive lake views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chico
    County
    Wise
    State
    Texas
    Longitude
    -97.8861169
    Latitude
    33.2487118

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    FAQs

    What type of property is this?
    Land - 7.78 Acres, Prime Residential Lot
    Where is this land located?
    The property is located at Pam Dr Chico, TX.
    What is the asking price?
    The asking price for this property is $292,000.
    What are key features of this property?
    This property features: 7.78-acre residential lot in Chico, TX.; Located on Pam Drive, off FM1734 and El Lago Drive near Lake Bridgeport.; Offers stunning lake views, close to waterfront properties.
    (940) 733-2279
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    Pam Dr Chico, TX 76431
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    Realmo Value Estimation

    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.

    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.

    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
    Pam Dr Chico, TX 76431
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