Residential

292 Pam Drive, Chico, Texas 76431

Chico, TX 76431

$799,900

Price Reduced: $48,000

Gallery

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

Property Type:
Residential
MLS Number:
21213545
Bedrooms:
3
Bathrooms:
3.00
Living Area:
2618 sqft
Garage:
2
Stories:
Year Built:
1996
Lot Acres:
6.9000
Price/Sqft:
$305.54
Taxes:
$6088
HOA Fee:
N/A
Subdivision:
El Lago Estates

Interior Features

Heating:
Cooling:
Ceiling Fan(s),Central Air,Electric
Flooring:
Carpet,Ceramic Tile,Engineered Wood
Interior Features:
Granite Counters,Kitchen Island,Vaulted Ceiling(s),Walk-In Closet(s)

Schools

District:
Chico ISD
Elementary:
Chico
Middle School:
Chico
High School:
Chico

Directions

View on Google Maps

From 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.

Listed by Post Oak Realty West
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Contact Agent

Ishmael Omondi

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