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Property profile & analytics
OFF-MARKET
Land

1695 Fm 120 Pottsboro, TX 75076

409 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 409-acre ranch in Grayson County, Texas, presents a unique investment opportunity. Located near Lake Texoma and Pottsboro at 1695 FM 120, 75076, this property boasts stunning 360-degree views of gently rolling terrain. The ranch includes approximately 25 acres of interconnected lakes, a 5-acre lake, and two additional ponds, providing a rich habitat for diverse wildlife and fish. A charming lodge overlooks the water, featuring two spacious living areas, three bedrooms, two bathrooms, and wraparound porches offering breathtaking lake vistas. Existing improvements include a good older barn with a hay loft, a large steel shop building, and other outbuildings. An older frame ranch house is currently occupied by the ranch manager. The property is fully fenced and cross-fenced and is currently used as a cow-calf operation by a long-term tenant. Its proximity to a new subdivision suggests potential access to city utilities. Enjoy small-town living with excellent schools, convenient access to major transportation routes, shopping, medical facilities, and the North Texas Regional Airport just minutes away. The property's significant acreage and desirable location offer substantial potential for residential development.

Property profile
Verified
Property type Land
Lot 409 ac (17,816,040 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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