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$469,900

502 Preston Dr, Pottsboro, TX, 75076

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.11 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
FlooringLuxury Vinyl Plank, Vinyl

Exterior

Exterior FeaturesDeck, Lighting, Rain Gutters, Rv Hookup, Storage
Lot Size43,469 sqft

Building Information

Year Built1983
Roof Type109
Garage Spaces2

Land Information

APNP004 605601106
Lot Number4
SubdivisionPreston Ridge Addn
Land UseResidential
Legal DescriptionPRESTON RIDGE ADDN, BLOCK 4, LOT 4
Census Tract000302
Assessed Land Value$142,147
Assessed Improvement Value$321,734
Assessment Year2026

About this property

In the heart of Pottsboro, where convenience meets room to spread out! Situated on a spacious 1-acre lot, this beautifully updated 3-bedroom, 2,060-square-foot home offers the best of both worlds: the convenience of living in town with the space, flexibility, and freedom of country living. Just minutes from Pottsboro schools, shopping, restaurants, and Highway 289, and approximately 7 miles from Highport Marina on Lake Texoma, you'll love having everything close to home without sacrificing elbow room! No HOA! Inside, the thoughtfully designed split-bedroom floor plan offers comfortable everyday living with a spacious living room that flows seamlessly into the kitchen and breakfast area. Recent improvements include luxury laminate flooring, freshly painted interiors, raised ceilings in the living room, entry, and breakfast area, and updated stainless steel kitchen appliances. The generously sized primary suite features two walk-in closets and direct access to the expansive covered back deck. Step outside and discover a backyard made for enjoying! The huge covered deck features manually retractable shade screens and overlooks a fully fenced backyard with mature trees & established landscaping. Whether you envision entertaining friends, adding a swimming pool, gardening, or simply relaxing outdoors, there's plenty of room to make it your own. And then there's the workshop! The impressive 30x50 building offers electricity, concrete floors, and two oversized roll-up doors approximately 12 feet wide and nearly 14 feet tall, making it an exceptional space for boats, RVs, vehicles, equipment, or hobbies. An expansive concrete driveway provides additional parking and maneuvering space. The workshop also features 4 spacious closets, offering plenty of extra storage for the shopper in the family! From seasonal decorations to household extras, you'll love having dedicated space to keep everything organized and out of sight.

Investor Tools

$0Estimated Mortgage Balance
$463,881Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,819 /month
Positive
Cash Flow Estimate:
$940 /month

Interested in this property?

Lainie Ramsey

HBL, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,169
$463,881
2026
$142,147
$321,734
$463,881
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,169
$463,881

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$463,881
100%
0%
$0/mo

City: Pottsboro