86593 Tx-289 Pottsboro, TX 75076
This exceptional mixed-use property, located at 86593 TX-289, Pottsboro, TX 75076, presents a unique investment opportunity. The 2,431 square foot complex consists of three buildings, including two modern metal homes built in 2022, each featuring upgraded amenities and spacious attached garages. Additional workshop space is also available. Situated on a 0.808-acre lot, this Class C property offers diverse usage potential, including creative, executive, or traditional office space, multifamily living, Airbnb rentals, or a party venue. A key feature is a cabana with a bar area, complete with water and electricity, perfect for hosting events. The property's prime location near Lake Texoma, one of the largest reservoirs in the US, provides access to numerous recreational activities, including golf courses, fishing charters, boat rentals, marinas, and restaurants. Its proximity to the Sherman-Denison Metropolitan Statistical Area and major transportation hubs like Dallas and DFW Airport (within an hour's drive) and the Winstar Casino (42 minutes away) further enhances its investment appeal. The asking price is $999,500, translating to $411.15 per square foot. High traffic volume in the area presents endless possibilities for income generation. This is a truly versatile property with significant potential for a variety of uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.