0 Pam Dr, Chico, TX 76431
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.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.