For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Preston 75076
56 Red Sea Boulevard
$30,000
● Mobile Manufactured - Off Market

56 Red Sea Boulevard

Pottsboro, TX 75076
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,064 Ft²
$42,062
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

The sandy beach of Lake Texoma is within walking distance of this affordable 3 bedroom 2 bath home. This home features a great open floor plan with a connected kitchen & dining area. Two master suites located at opposite ends. A covered deck and carport provide you a shady place to rest while fixing up this 1983 model gem. **Must qualify as a member of the VFW to join and lease the land. Improvements for sale only. For information on how to become a member of the VFW call the post at .

**PLEASE NOTE THAT PER THE VFW- PURCHASE OF THIS PROPERTY IS ONLY AVAILABLE TO VETERANS.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.02 acres
Price per sqft
$28
Property Type
Mobile Manufactured
Property Taxes
$38
HOA Dues
-
Year Built
1983

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14348021)

Price History

Date / Event Date Event Price
Jun 17, 2020 Sold
Premium
Sold
May 21, 2020 Listed by Homes By Lainie Real Estate Group $30,000
Listed by Homes By Lainie Real Estate Group

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,063
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: V F W LAKESITE
  • Land Acres: 0000000087
  • Standard Land Use Code: 1006
  • County Land Use Code: M1
  • State Land Use Code: M1
  • Mobile Home Indicator: T
  • Legal Description 1: V F W LAKESITE, RSORT-VFW TRACT 34, LABEL# ULI0181758 SN1 ZWK801410575; / IMPS & LEASEHOLD

Neighborhood

  • School District Name: Pottsboro Independent School District
  • Census Tract: 000306

Geography

  • Assessors Map Reference: 87-U
  • Subdivision Tract Number: 34
  • Parcel: 100279
  • Municipality: UNINCORPORATED
  • Latitude: 33.8909
  • Longitude: -96.6505

    Address

  • Full Address: 56 Red Sea Blvd
  • Address - House Number: 56
  • Address - Street Name: Red Sea
  • Address - Suffix Type: Blvd
  • State: TX
  • City Name: Pottsboro
  • Carrier Code: R002
  • 4-Digit Zip Code: 3460
  • Zip Code: 75076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,304
  • Tax Rate Code Area: SPB

    Appraisal Valuation

  • Standard Deviation: 0.4796
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 4
  • Final Value: 55,610
  • High Value: 82,283
  • Low Value: 28,936

    Market Valuation

  • Market Total Value: $19,229
  • Market Improvement Value: $19,229

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,229
  • Assessed Improvements Value: $19,229
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Preston

Stats & Trends

Median Asking:

$349,950

Sale Price/ft²

$212

Below Asking

0.05%

Average Days on Market

103

Average Home Size

2210 ft²

Average Home Age

27.2 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Tisha Calhoun, Homes By Lainie Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14348021
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 56 Red Sea Boulevard built and last sold?
The property at 56 Red Sea Boulevard was built in 1983 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 56 Red Sea Boulevard is $0.
What are some comparable homes to 56 Red Sea Boulevard?
There are currently no comparable homes to 56 Red Sea Boulevard.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Northwest Grayson Homes for Sale
Northwest Grayson Houses for Sale
Northwest Grayson Condos for Sale
Northwest Grayson Townhouses for Sale
Northwest Grayson Multifamily for Sale
Northwest Grayson Land for Sale
Northwest Grayson Commercial for Sale
Northwest Grayson Homes with Basements
Nearby Cities
McKinney Homes for Sale
Denton Homes for Sale
Little Elm Homes for Sale
Prosper Homes for Sale
Sherman Homes for Sale
Anna Homes for Sale
Denison Homes for Sale
Princeton Homes for Sale
Nearby Property Records
Grayson County, TX Property Records
Marshall County, OK Property Records
Bryan County, OK Property Records
Love County, OK Property Records
Cooke County, TX Property Records
Johnston County, OK Property Records
Fannin County, TX Property Records
Collin County, TX Property Records
Neighborhoods
Stonebridge Ranch Real Estate
Providence Real Estate
Savannah Real Estate
Eldorado Real Estate
Grayhawk Real Estate
Northwood Real Estate
Heights at Westridge Real Estate
Winding Creek Real Estate
Nearby Counties
Pilot Point-Aubrey Homes for Sale
McKinney Homes for Sale
East Grayson Homes for Sale
Celina Homes for Sale
Anna Homes for Sale
Denton Homes for Sale
Sanger Homes for Sale
Southwest Grayson Homes for Sale
Top Real Estate Agents
Top Agents in Northwest Grayson
Top Agents in Pilot Point-Aubrey
Top Agents in McKinney
Top Agents in McKinney
Top Agents in East Grayson
Top Agents in Celina
Top Agents in 76227
Top Agents in Anna