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Property Description
FAMILY OWNED FOR 30 YEARS, this 6 Unit Commercial building has been home to multiple business over three decades. Until just recently, the Century 21 office was located here for over 20 years and Seller is now ready to welcome new owners to a beautiful area in Pottsboro on the right side of the Round A Bout that is a very high traffic area. Property sits across the road form the First United Bank, next to Tammie's Lakeside Hair and Tanning and Mom's Cafe also across the road. There are 6 units total, each with its own restroom and ample office space as each unit is different in size. There are currently 3 tenants, with one tenant renting 2 units to double his retail space. There is an ICE Machine company that leases a portion of the parking lot for his Ice Business and another Water Express Dispensing Business offering Revers Osmosis filtered water that does the same. There are pictures of these business but please note that the businesses are privately owned and NOT FOR SALE or offered in this listing. The Water Express Dispensing business IS for sale separately and you must contact the Listing Agent for details since this listing is for the LAND AND IMPROVEMENTS ONLY. Buyer and or Buyer's Agent to verify all information. The Information is deemed reliable but is not guaranteed.
Full Property Details
Full Property Details for 406 W Fm 120
General
- Price: $649,500
- Taxes: $6,021
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21336375
- Updated: 7/21/2026
- Added to Site: Today
Business
- Business Type: Advertising, Commercial, Computer, Industrial, Other, R
Interior
- Flooring: Carpet, Laminate, Tile
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Asphalt, Common, Open
Location
- County: Grayson
- Subdivision: NONE
- Driving Directions: Travel West on FM 120 in Pottsboro towards the Round A Bout. Property is located on the right corner of FM 120 and Spur 316
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Fiber Cement
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 15,000
- Sq. Ft. Source: Public Records
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 23,086.8
- Lot Size Source: Public Records
- Frontage: County Road, City Street, Farm to Market Road, Asphalt
- Lot Features: Corner Lot
- Potential Use: Office, Other, Retail, Warehouse
- Zoning: COMMERCIAL
Financial Considerations
- Tax Amount: $6,021
- Terms: Cash, Conventional
- Owner Pays: Insurance, Taxes
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: G-0506 HILL T J A-G0506, ACRES .53, 23086 SQ
- Exclusions: PERSONAL OWNED BUSINESS AND THEIR INVENTORY
- Inclusions: Land & Improvements
- Property ID: 153378
Listed by DFW Elite, Sheri Kent
Get Pre-Approved Today
Schools
Schools serving 406 W Fm 120
School District:Pottsboro Independent School District
| Name | Grades | Distance |
|---|---|---|
Pottsboro Elementary School 1401 Katy Lane, Pottsboro, TX 75076 | K-4 | 1.3 mi |
Pottsboro Middle School 1401 Katy Lane, Pottsboro, TX 75076 | 5-8 | 1.3 mi |
Pottsboro High School 901 Hwy 120, Pottsboro, TX 75076 | 9-12 | 1.2 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 406 W Fm 120
Date
Details
Price
Change
Source
7/20/2026
Listed
$649,500
—
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 406 W Fm 120
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,018
1%
$312,000
20%
2023
$4,973
-11%
$260,000
1%
2022
$5,558
100%
$257,379
-2%
2021
100%
$262,302
81%
2020
100%
$144,532
—
2015
-100%
$144,532
11%
2018
$3,127
5%
$130,323
6%
2017
$2,967
-1%
$122,495
—
2016
$3,002
2%
$122,495
3%
2015
$2,951
-1%
$118,526
-9%
2019
$2,987
44%
$130,323
57%
2014
$2,077
2%
$82,940
—
2013
$2,042
—
$83,070
—
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 406 W Fm 120
406 W Fm 120, Pottsboro, TX 75076 (MLS# 21336375) is a Commercial Service property. 406 W Fm 120 is currently listed for $649,500 and was received on July 20, 2026. Want to learn more about 406 W Fm 120? Do you have questions about finding other Commercial Service real estate for sale in Pottsboro? You can browse all Pottsboro real estate or contact a Coldwell Banker agent to request more information.

