292 Pam Drive, Chico, TX 76431

• 3 beds |
• 3 baths |
• 2,618 sqft

Property 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. 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.

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 1:20PM

Listing Office:

Post Oak Realty West : (940) 384-7355

Listing Agent:

Cason Caraway :

MLS ID:

21213545

Interior

• General: Granite CountersKitchen IslandVaulted Ceiling(s)Walk-In Closet(s)
• Appliances: DishwasherElectric Range
• Laundry: Laundry in Utility Room
• Flooring: CarpetCeramic TileEngineered Hardwood
• A/C: Central AirCeiling Fan(s)Electric
• Fireplace: Living RoomFireplaceFireplaces: 1

Exterior

• General: OtherPrivate YardStorageOther
• Style: TraditionalDetached
• Other Structures: Other
• Pool: None
• Parking: Additional ParkingCoveredGarageGarage Door OpenerRV CarportBoatRV Access/Parking

Construction

• Roofing: Shingle
• General: 2

Location

• Originating MLS: NTR
• School District: Chico ISD
• County: Wise

Lot

• Zoning: EL LAGO ESTATES 6.9000 ACRES781177

Utilities

• Utilities: Septic AvailableWater Available
• Water: Well
• Sewer: Septic Tank

Financial

• Source: NTR