292 Pam Drive, Chico, Texas 76431
$799,900
Price Reduced: $48,000Gallery
Description
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. Also, all new Grade-4 roof and brand new septic tanks have been installed. 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.
Property Details
Residential
21213545
3
3.00
2618 sqft
2
1996
6.9000
$305.54
$6088
N/A
El Lago Estates
Interior Features
Ceiling Fan(s),Central Air,Electric
Carpet,Ceramic Tile,Engineered Wood
Granite Counters,Kitchen Island,Vaulted Ceiling(s),Walk-In Closet(s)
Schools
Chico ISD
Chico
Chico
Chico
Directions
View on Google MapsFrom Chico, take TX-101 east toward Decatur, turn right on FM 1810, then left on FM 3259. Continue approximately 3 miles and turn onto Pam Drive. Property at 292 Pam Drive will be on your right.
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