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$879,900 Just Listed
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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.
Full Property Details
Full Property Details for 292 Pam Dr
General
- Price: $879,900
- Taxes: $6,088
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21213545
- Updated: 3/21/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Granite Counters, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Dishwasher, Electric Range
- Flooring: Carpet, Ceramic Tile, Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Other, Private Yard, Storage
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Covered, Garage, Garage Door Opener, RV Carport, Boat, RV Access/Parking
Location
- County: Wise
- Subdivision: El Lago Estates
- Driving 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.
School Information
- Elem School District: Chico ISD
- Midd School District: Chico ISD
- High School District: Chico ISD
- Elementary School: Chico
- Middle School: Chico
- High School: Chico
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Basement: Yes
- Roof: Shingle
- Stories/Levels: 2
- Living Area: 2,618 Sq. Ft.
- Year Built: 1996
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 6.9
- Lot Size (Sq. Ft.): 300,564
- Lot Features: Acreage, Interior Lot, Many Trees
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,088
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: EL LAGO ESTATES 6.9000 ACRES
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: 781177
Listed by Post Oak Realty West, Cason Caraway
Get Pre-Approved Today
Schools
Schools serving 292 Pam Dr
School District:Chico Independent School District
| Name | Grades | Distance |
|---|---|---|
Chico Elementary School 1120 Park Road, Chico, TX 76431 | PK-5 | 5.2 mi |
Chico Middle School 1205 West Sherman Street, Chico, TX 76431 | 6-8 | 5.4 mi |
Chico High School 263 Fm 2952, Chico, TX 76431 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 292 Pam Dr
Date
Details
Price
Change
Source
3/20/2026
Listed
$879,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 292 Pam Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$530,652
22%
2021
100%
$436,458
10%
2021
100%
$396,780
10%
2021
100%
$360,710
10%
2020
-100%
$329,170
5%
2018
$5,325
5%
$313,930
6%
2017
$5,093
14%
$295,240
12%
2016
$4,460
-12%
$263,720
-18%
2019
$5,080
21%
$321,210
27%
2015
$4,210
26%
$252,430
25%
2014
$3,344
-2%
$201,590
—
2013
$3,416
—
$201,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 292 Pam Dr
292 Pam Drive, Chico, TX 76431 (MLS# 21213545) is a Single Family property with 3 bedrooms and 3 full bathrooms. 292 Pam Drive is currently listed for $879,900 and was received on March 20, 2026. Want to learn more about 292 Pam Drive? Do you have questions about finding other Single Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.

