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292 Pam Drive

Chico, Texas 76431
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Bed 3

Bed

Bath 3

Bath

SqFt2,618

Sqft

Acres6.90

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $799,900

AD Id : 76302591

MLS Id : 554666471

Beds : 3

Lot Size : 6.90 Acres

Living Area Size : 2,618

Year Built : 1996

Garage : 2

County : Wise

Subdivision: El Lago Estates

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0
  • Interior Features

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

    Appliances

    Dishwasher,Electric Range

    Utilities

    Septic,Well
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Fireplace

    Number of Fireplaces: 1 Fireplace Features: Living Room

  • Building Information

    Built Year: 1996 Construction: Siding Roof Type: Shingle Has Basement
  • Exterior Features

    Private Yard,RV/Boat Parking,Storage,Other

    Security Features

    Smoke Detector(s)
  • Laundry Features

    Utility Room,Full Size W/D Area

    Patio And Porch

    Deck

    Construction Materials

    Siding

  • Lot Information

    Lot Size (Acr): 6.9000 Lot Size Units: Acres Lot Size Square Feet: 300,564 Lot Features: Acreage,Interior Lot,Many Trees
  • Property Information

    SQ ft (Living Area): 2,618 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: El Lago Estates City: Chico State: Texas Directions: 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. Property Status: Active Levels: Two Property Age: 30 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $799,900 List Price Tot SqFt: $306
  • Listing Information

    Possession: Negotiable

  • Tax Information

    Parcel Number: 781177 Tax Legal Description: EL LAGO ESTATES 6.9000 ACRES Unexempt Taxes: $6,088

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 0 Parking Features: Additional Parking,Boat,Covered,Garage,Garage Door Opener,RV Carport
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Chico Middle School: Chico High School: Chico School District: Chico ISD
  • Utility Information

    Utilities: Septic,Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
963 County Road 1340, Chico, TX, 76431 $915,000 3 2 3,760 3,760 SqFt
387 Private Road 1452, Chico, TX, 76431 $579,000 5 3 3,000 3,000 SqFt
299 Private Road 1452, Chico, TX, 76431 $500,000 1 1 675 675 SqFt
107 S Flower Lane, Chico, TX, 76431 $180,000 3 2 1,231 1,231 SqFt
305 S Weatherford Street, Chico, TX, 76431 $210,000 3 2 1,527 1,527 SqFt
175 Flint Lane, Chico, TX, 76431 $499,999 4 3 2,326 2,326 SqFt
205 N Davis Street, Chico, TX, 76431 $354,900 6 4 8,000 8,000 SqFt
124 Oakwood Street, Chico, TX, 76431 $250,000 4 2 1,591 1,591 SqFt
308 Oakwood Street, Chico, TX, 76431 $255,000 2 2 1,696 1,696 SqFt
703 W Sherman Street, Chico, TX, 76431 $235,000 3 3 2,275 2,275 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/20/2026 @ 14:22

MLS: 554666471 LISTED BY: Cason Caraway, Post Oak Realty West 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

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