Next Level Realty

Traditional

292 Pam Drive

Chico , TX 76431

MLS#: 21213545

$879,900

Status: Active
Listing number: 21213545
Listing provided by: Post Oak Realty West
Listing agent phone: None
Last update: N/A
Browse Properties
El Lago Estates - Residential

Property

Beds

3

Full Baths

3

1/2 Baths

None

Year Built

1996

Sq.Footage

2,618

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.

Features & Amenities

Interior

  • Other Interior Features

    Granite Counters, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    YES

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Other Exterior Features

    Private Yard, Storage, Other

  • Parking

    Additional Parking, Boat, Covered, Garage, Garage Door Opener, RV Carport, RV Access/Parking

  • Patio and Porch Features

    Deck

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Interior Lot, Many Trees

  • Lot Size(acres)

    6.9

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $879,900

  • Tax Amount

    $6,088

  • Sq. Footage

    2, 618

  • Price/SqFt

    $336

HOA

  • Association

    No

School District

  • Elementary School

    Chico

  • Middle School

    Chico

  • High School

    Chico

Property Features

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Water Source

    Well

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Location

County

Wise

Elementary School

Chico

Middle School

Chico

High School

Chico

Listing Courtesy of Cason Caraway , Post Oak Realty West

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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.

292 Pam Drive

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