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292 Pam Drive, 
Chico, TX 76431

$799,900


3

Beds


3

Baths


2,618

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Cason Caraway

Post Oak Realty West

Last updated:

November 10, 2026, 01:09 PM

MLS#

21429528

Source:

GDAR

About This Home

292 Pam Drive

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. Also, all new Grade-4 roof and brand new septic tanks have been installed. 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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1996

Subdivision & Development:

El Lago Estates

Price Summary

799,900

$305 per Sq. Ft.

MLS #:

21429528

Last Updated:

November 10, 2026, 01:09 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,618 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,618 Sq. Ft.

Year Built:

1996


Lot

Lot Size (Sq. Ft):

300,564


Finances & Disclosures

Finances

Price:

$799,900

Price per Sq. Ft:

$305 per Sq. Ft.

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated November 10, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Lakehaven, Realtors.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.