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$799,900

292 Pam Drive, Chico, TX 76431

3 bd 3 ba 2,618 sq ft House · Built 1996

Price / sq ft$306
Lot6.90 acres
Built1996
Garage2-car
Stories2
CoolingCentral Air, Ceiling Fans, Electric
SchoolsChico ISD
ElementaryChico
SubdivisionEl Lago Estates
MLS #21429528
Est. $5,968/mo · 7.18% · 20% down What rate do you qualify for? Find out Own a home near Chico?Free estimate from nearby sales, in 30 seconds. Estimate

About this home

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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Features

  • Inside: Granite Counters, Kitchen Island, Vaulted Ceilings, Walk In Closets
  • Outside: Other, Private Yard, Storage
  • Appliances: Dishwasher, Electric Range
  • Parking: Additional Parking, Covered, Garage, Garage Door Opener, Rv Carport, Boat, Rv Access Parking

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.