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$494,000
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Property Description
LAKE TEXOMA WATERFRONT COMMUNITY! Discover your dream getaway at this idyllic lakehouse nestled in the waterfront Cambridge Shores community that overlooks the renowned Islands of Lake Texoma. This property offers not just a home, but a lifestyle immersed in the beauty and excitement of lake living. Situated on a generous 1.27-acre lot, this modern design seamlessly blends contemporary aesthetics with natural surroundings. Originally built in 1984, the home has undergone a meticulous transformation, stripped down to the studs and thoughtfully rebuilt in 2022. As you step inside, you'll be greeted by beautiful finishes that enhance the open-concept layout, allowing for an effortless flow between living spaces. The roofline windows invite an abundance of natural light. Step outside onto the double wrap-around covered decks-perfect for entertaining guests and relaxing. The solid construction features durable fiberboard siding topped with a sturdy metal roof, ensuring your investment stands the test of time. Spray foam-insulated walls and attic create an energy-efficient environment. The property includes a detached garage with electricity and a second concrete driveway, providing ample parking and storage. A fenced yard provides security and privacy, while the firepit area is an ideal spot to gather around the flames under a starry sky. Mature, plentiful trees surround the property, creating a serene oasis where you can unwind amid the natural surroundings. This lakehouse isn't just a beautiful retreat; it's an ideal investment opportunity. With the potential to add additional units, you can tap into lucrative short-term rental income. Residents of Cambridge Shores enjoy community amenities, including a boat ramp and pier, making it easy to access the water. Conveniently located near Highport Marina, delightful restaurants, and the Tanglewood Resort and Golf Course. Embrace the allure of lake life-make this exceptional property your own!
Full Property Details
Full Property Details for 207 Wales Dr
General
- Price: $494,000
- HOA FEE: $9/month
- HOA FEE FREQ.: Annually
- Taxes: $4,554
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21078661
- Updated: 12/5/2025
- Added to Site: 103 day(s) ago
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Wired for Data, Natural Woodwork, Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener, Vented Exhaust Fan, Water Purifier, Washer
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Common Area, Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room, Stacked
Additional Information
- Security/Safety: Smoke Detector(s), Security Lights
- Equipment: Irrigation Equipment
Exterior
- Exterior Features: Deck, Fire Pit, Lighting, Private Entrance, Private Yard, Rain Gutters
- Porch/Patio/Deck: Rear Porch, Front Porch, Side Porch, Terrace, Wrap Aro
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking, Covered, Door-Multi, Driveway, Enclosed, Garage, Garage Door Opener, Lighted, On Site, Paved, Garage Faces Rear, Side By Side, Boat, RV Access/Parking
Location
- County: Grayson
- Subdivision: Cambridge Shores
- Driving Directions: From State Highway 289, turn west on Georgetown Road. Turn right on Cambridge Drive. Turn right on Black Forest Drive. Turn right on Wales Dr.
School Information
- Elem School District: Pottsboro ISD
- Midd School District: Pottsboro ISD
- High School District: Pottsboro ISD
- Elementary School: Pottsboro
- Middle School: Pottsboro
- High School: Pottsboro
Community
- Association: Yes
- Assoc. Name: Cambridge Shores HOA
- Assoc. Fees Include: All Facilities
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment
- Heating Type: Central, Electric, ENERGY STAR Qualified Equipment
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Cable Available: Yes
- Utility Description: Electricity Connected, Overhead Utilities, Phone Available, Septic Available, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Split Level, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Fiber Cement, Wood Siding
- Roof: Metal
- Windows: Window Coverings
- Stories/Levels: 2
- Living Area: 1,250 Sq. Ft.
- Year Built: 1984
Additional Structures
- Other Structures: Garage(s), Shed(s)
Lot Features
- Lot Size (Acres): 1.27
- Lot Size (Sq. Ft.): 55,321.2
- Lot Size Source: Assessor
- Frontage: All Weather Road, Asphalt
- Lot Features: Acreage, Cleared, Irregular Lot, Landscaped, Native Plants, Many Trees, Sprinkler System, Few Trees
- Trees/Vegetation: Cleared, Partially Wooded
- Fencing (Description): Back Yard, Fenced, Gate, Privacy, Wood, Wrought Iron
Water Features
- Water Front Name: Texoma
- Boat Dock Slip: Yes
Green Features
- Energy Efficient: Appliances, HVAC, Insulation, Lighting, Windows
- Water Conservation: Water-Smart Landscaping
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $105
- Assoc Fee Freq.: Annually
- Tax Amount: $4,554
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: Lots 12, 13, 14, 15, 16, 17, 22CAMBRIDGE SHORES Addition
- Disclosures/Rstr.: Deed Restriction, Easement(s)
- Property ID: 107402
- Block: 9
- Lot Number: 1617
Listed by HBL, Realtors, Victoria Woodard
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Schools
Schools serving 207 Wales Dr
School District:Pottsboro Independent School District
| Name | Grades | Distance |
|---|---|---|
Pottsboro Elementary School 1401 Katy Lane, Pottsboro, TX 75076 | K-4 | 5.5 mi |
Pottsboro Middle School 1401 Katy Lane, Pottsboro, TX 75076 | 5-8 | 5.5 mi |
Pottsboro High School 901 Hwy 120, Pottsboro, TX 75076 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 207 Wales Dr
Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$494,000
-1%
MLS
10/06/2025
Listed
$499,000
—
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 207 Wales Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,577
7%
$328,674
-1%
2023
$4,281
123%
$330,375
7%
2022
$1,918
41%
$308,442
15%
2021
$1,358
-2%
$268,726
64%
2020
$1,392
100%
$163,729
8%
2015
-100%
$152,201
20%
2018
$2,245
6%
$126,880
8%
2017
$2,111
—
$117,847
2%
2016
$2,102
11%
$115,797
13%
2015
$1,886
-25%
$102,104
-31%
2019
$2,513
32%
$148,861
46%
2014
$1,904
—
$102,221
—
2013
$1,904
—
$102,221
—
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 207 Wales Dr
207 Wales Drive, Pottsboro, TX 75076 (MLS# 21078661) is a Single Family property with 2 bedrooms and 2 full bathrooms. 207 Wales Drive is currently listed for $494,000 and was received on October 06, 2025. Want to learn more about 207 Wales Drive? Do you have questions about finding other Single Family real estate for sale in Pottsboro? You can browse all Pottsboro real estate or contact a Coldwell Banker agent to request more information.

