$260,000
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1.11 Acres Lot
SOLD DATE : 10/28/2024
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Preston Bend Point
MLS Listing ID 20748453
Sold Date 10/28/24
HOA Y/N None
Year Built 1960
Annual Tax Amount $2,683
Lot Size 1.113 Acres
Acres 1.113
Lot Dimensions 202 x 240
Property Sub-Type Improved Land
Property Description
Beautiful 1.17-acre property consists of 4 lots, 7, 8, 9, and 10 and backs to Army Corps of Engineers land on Lake Texoma. Fully fenced and gated, offering both privacy and security. Utilities are turnkey, including driveway, culvert, septic, and electric. Preston Bend allows short-term rentals, mobile homes, barndos, manufactured homes, RVs, boats, animals with no known restrictions. When you visit, take a stroll east down Arkansas to enjoy the well maintained beach and meet future neighbors relaxing on the water. The location i situated close to three marinas and the soon-to-be-opened Jimmy Buffett's Margaritaville. Massive Return on Investment in this area
There are three structures on the property:
Structure 1: An 800 sq ft home features a full bath, utility, large kitchen, fridge, living, dining, bedroom, huge master closet. Needs TLC or Tear Down.
Structure 2: An oversized shop with electric, windows and storage.
Structure 3: A convenient 8x10 shed for additional storage.
Location
State TX
County Grayson
Community Fishing, Lake, Other
Zoning Outside City Limits of Pottsboro in the County of Grayson
Direction Use Waze. From Dallas, Drive North on Preston until it ends. Turn right on Preston Bend. Left on Plantation Ave. Left on Louisiana.
Interior
Heating Central, Electric, ENERGY STAR Qualified Equipment
Cooling Ceiling Fan(s), Central Air, Electric
Heat Source Central, Electric, ENERGY STAR Qualified Equipment
Exterior
Exterior Feature Awning(s), Covered Deck, Covered Patio/Porch, Dog Run, Fire Pit, Garden(s), Lighting, Private Entrance, Private Yard, RV/Boat Parking, Storage, Uncovered Courtyard, Other
Fence Back Yard, Chain Link, Fenced, Full, Gate, Metal, Perimeter
Community Features Fishing, Lake, Other
Utilities Available All Weather Road, Asphalt, Cable Available, City Water, Concrete, Electricity Available, Electricity Connected, Gravel/Rock, Outside City Limits, Phone Available, Private Sewer, Septic, Other
Waterfront Description Lake Front – Corps of Engineers
Lot Frontage 200.0
Garage No
Building
Lot Description Acreage, Adjacent to Greenbelt, Cleared, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Many Trees, Oak, Subdivision, Undivided, Waterfront
Schools
Elementary Schools Pottsboro
Middle Schools Pottsboro
High Schools Pottsboro
School District Pottsboro Isd
Others
Restrictions No Known Restriction(s),None
Ownership SEE TAX RECORD
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, FHA-203K, Texas Vet, USDA Loan, VA Loan
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, FHA-203K, Texas Vet, USDA Loan, VA Loan
Financing Conventional
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Bought with James Spece • Great Western Realty
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