292 PAM DRIVE, CHICO, TX 76431

Homes for sale in Chico.

Homes for sale in 76431.


Active

List Price$799,900

292 Pam Drive

Chico, TX 76431

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21213545

3

Bedrooms

3 full

Bathrooms

2,618

Square Feet

House

Type

About This Property

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 Features

Location Information

County

Wise

Subdivision

El Lago Estates

Interior Features

Rooms

Basement Floor Bedroom, Second Floor Bedroom, First Floor Dining Room, First Floor Kitchen, First Floor Living Room, First Floor Office, First Floor Primary Bedroom

Has Fireplace

Yes

Interior

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

Number of Fireplaces

1

Master Bedroom Description

20 x 16

Cooling

Central Air, Ceiling Fan(s), Electric

Full Baths

3

Floors

Carpet, Ceramic Tile, Engineered Hardwood

Dining Room Description

13 x 10

Laundry

Laundry in Utility Room

Living Room Description

22 x 21

Appliances

Dishwasher, Electric Range

Kitchen Description

13 x 11

Has Basement

Yes

Exterior Features

Style

Traditional, Detached

Patio / Deck Description

Deck

Stories

2

Pool Description

None

Exterior

Other, Private Yard, Storage

Other Structures

Other

Roof

Shingle

Lot Description

Acreage, Interior Lot, Many Trees

Utilities

Septic Available, Water Available

Lot Size in Acres

6.9

Security System

Smoke Detector(s)

Lot Size in Sq. Ft.

300,564

Parking Description

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

Is One Story

No

Has Garage

Yes

Lot Description

Acreage, Interior Lot, Many Trees

Garage Spaces

2

School

Elementary School District

Chico ISD

Jr. High School

Chico

Elementary School

Chico

High School

Chico

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

SFR

Has a Home Owners Association

No

Property SubType 2

House

Tax Annual Amount

6088.0

Property SubType

Single Family Residence

Documents Available

Aerial

Year Built

1996

Similar Listings

Mortgage Calculator

$3,734

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,882

Monthly Tax

$666

Monthly Insurance

$186

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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