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$549,000

5 Admiral Way, Pottsboro, TX, 75076

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$347.47 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Gas Water Heater

About this property

If you are looking for an amazing lake view every day, and the most unique living on a lake anywhere in Texas, you may have found it! This 1,600 sq ft floating vacation home sits directly on Lake Texoma in Harbor Village, part of Flowing Wells Resort and Marina — a gated, golf-cart-accessible floating community on Corps of Engineers property, managed by Harbor Village, all homes on the water, all with boat slips. The west-facing screened-in front porch frames sunsets across open water every evening, a view that will never be blocked! An open concept living area with panoramic lake views, granite countertops in the kitchen, a kitchen island, and granite in both bathrooms. A private covered 16' by 43' boat slip next to the home, an exclusive 22' by 27' covered patio, and over 1,000 sq ft of new composite decking. Energy-efficient windows 2023, refrigerator replaced in 2024, metal roof. Offered partially furnished, including the 2024 Denago Rover golf cart. Harbor Village is a floating 30 home planned community, with 19 homes completed to date, all on the water, all with boat slips, large composite decking patios, walkways and decks. Boat slip next to your home can be altered to accommodate up to a 75' boat. Full list of upgrades in documents. This community is on Corp of Eng property and managed by Harbor Village. See docs is documents. Financing is not an issue with qualifying credit - contact listing agent for specialized lending contact info, including marina insurance, septic is via marina with individual tanks under home, flowing to main tank and lift station. Billed by marina, $180 monthly septic, trash and water, individual elec meter plus $20 reading fee, internet avail $106 monthly, $358 monthly marina insurance sep from your homeowners policy and propane. CORPS OF ENGINEERS LEASE HOLD Corps of Engineers prohibits rental of homes, short or long term and full time residence. Buyer to verify all Hoist negotiable, listing for 5 ADMIRAL WAY ONLY ONLY

Investor Tools

$0Estimated Mortgage Balance
$549,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

Interested in this property?

Sara Jerome

Vincent Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$325/month
5.947%

City: Pottsboro

5 Admiral Way | Property Details | No Agent List