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$1,595,000 Just Listed
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Property Description
Corner visibility directly on FM 120, the main artery running through Pottsboro toward Lake Texoma. This location connects the charm of downtown Pottsboro to the premier shoreline destinations of Lake Texoma. Known as The Gateway to Lake Texoma. Currently operating as a gas station and convenience store (Cardinal Quick stop and Valero), this site is perfectly positioned to capture high daily traffic from local residents and Lake Texoma commuters. Convenience store Business & Building is for sale. Excellent Investment opportunity for an owner-operator or investor seeking a day 1 income business with strong growth potential in a high-demand Texas market. Cost of the actual Inventory to be paid by the buyer. Please drive by quietly and do not talk with any employees, contractors or clients in the store. They may not aware of the sale and talking to them will not be tolerated. Multiple income streams - Gas Sale, Merchandise, Beer & Wine, Texas Lottery commissions, and amusement-machine revenue share, Cigar Income, Air, ATM Machines and Bit Coin Machines;Built In Kitchen - The store is equipped with Freezers, all kitchen equipment display space to run a fast-food restaurants like pizza, hotdog etc. This is potential additional revenue and profit stream. Current owner is not operating this yet; Offering ample parking and easy ingress egress for vehicles, trucks and trailers; Established business with existing customer base and trucking companies.
Full Property Details
Full Property Details for 100 E Fm 120
General
- Price: $1,595,000
- Taxes: $29,241
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21389609
- Updated: 9/17/2026
- Added to Site: Today
Business
- Name: Cardinal Quickstop
- Business Type: Convenience Store
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: On Site, Open, Parking Lot
Location
- County: Grayson
- Subdivision: G-0506 HILL T J A-G0506
- Driving Directions: From Preston road go towards north . Go towards east on FM 120 . Property is on the left.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Roof: Flat
- Stories/Levels: 1
- Square Feet: 2,263
- Sq. Ft. Source: Public Records
- Year Built: 1990
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.622
- Lot Size (Sq. Ft.): 27,094.32
- Lot Size Source: Public Records
- Frontage: City Street
- Lot Features: Corner Lot
- Potential Use: Food Service, Restaurant, Retail
- Zoning: Commercial and Retail
Financial Considerations
- Tax Amount: $29,241
- Terms: Cash, Conventional, 1031 Exchange
- Owner Pays: All Utilities, Exterior Maintenance, Insurance, Taxes, Trash Collection, Water
- Tenant Pays: None
Disclosures and Reports
- Legal Description: G-0506 HILL T J A-G0506, ACRES .662
- Inclusions: Business, Land & Improvements
- Property ID: 153364
Listed by Redbud Offices LLC, Anoo Sathappun
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Price & Sales History for 100 E Fm 120
Date
Details
Price
Change
Source
9/17/2026
Listed
$1,595,000
—
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 100 E Fm 120
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,204
7%
$723,873
-2%
2023
$13,246
3%
$736,014
7%
2022
$12,867
—
$685,521
13%
2022
$12,867
28%
$607,275
27%
2021
$10,034
7%
$478,257
13%
2020
$9,406
122%
$424,052
129%
2019
$4,246
-12%
$185,256
-8%
2018
$4,841
4%
$201,746
5%
2017
$4,658
8%
$192,331
10%
2016
$4,300
-7%
$175,438
-5%
2015
$4,601
33%
$184,808
34%
2014
$3,455
-2%
$137,945
-4%
2013
$3,523
—
$143,302
—
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 100 E Fm 120
100 E Fm 120, Pottsboro, TX 75076 (MLS# 21389609) is a Business property. 100 E Fm 120 is currently listed for $1,595,000 and was received on September 17, 2026. Want to learn more about 100 E Fm 120? Do you have questions about finding other Business real estate for sale in Pottsboro? You can browse all Pottsboro real estate or contact a Coldwell Banker agent to request more information.

