Listing provided courtesy of Post Oak Realty WestMLS# 21213545MLS ProviderContact Information: Cason Caraway - (940) 384-7355
  • 101 days on site
  • 3 views

Income-producing, multi-use opportunity with picturesque lake views on 6.9 acres. Designed for both lifestyle and revenue, this versatile property offers multiple income streams along with the flexibility to serve as a private residence, weekend retreat, or future development project. The main home features approximately 2,618 square feet, including an enclosed back patio with HVAC and additional lower-level space perfect for extended living, guests. The elevated setting provides peaceful surroundings, scenic views, and frequent wildlife sightings. Outdoors, the property is already equipped for income generation with multiple fully enclosed storage units, covered boat storage, and two RV parking slips with full hookups. This is ideal for short or long-term rentals. With road frontage on two sides and three separate gated entrances, the layout supports privacy, accessibility, and expansion potential. Additional improvements include a detached garage, dedicated spa or hot tub room, and ample open space for future growth or customization. Located just minutes from the boat ramp, you’ll enjoy easy access to the lake without the added cost of waterfront ownership. Whether you’re looking to invest, live, or create a hybrid of both, this property delivers a rare combination of income potential, land, and lifestyle.

Source: North Texas MLS, MLS#: 21213545

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  • Property Type
    Residential
  • Lot
    6.90 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 292 Pam Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: North Texas MLS Price Reduction
$799,900 -5.7%
5/27/2026Source: North Texas MLS Price Reduction
$847,900 -0.2%
5/7/2026Source: North Texas MLS Price Reduction
$849,900 -1.7%
4/13/2026Source: North Texas MLS Price Reduction
$865,000 -1.7%
3/20/2026Source: North Texas MLS Added to Database
March 20, 2026