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286 Lake Shore Dr - PRIVATE DOCK ON LAKE TEXOMA

1,800 SF Specialty Building Offered at $599,999 in Pottsboro, TX 75076

Executive Summary

Private dock available for sale on lake texoma for commercial jet ski and boat rental operation OR private use. Comes with a 2024 refurbished 2 bedroom, 2 bath custom yacht. Dock consists of two 34 x 15 FT slips, 2 jet ski docks and electricity. Jet ski rental income estimated at 40,000 a month with 10 jet skis. Owner did run an Airbnb for two years at an annual income of $36,000 with a house boat and small cruiser as the rentals. The total monthly cost after purchase of the dock is $36 per month for the electric land lease and core of engineer permit for the dock but these have been prepaid for the next four years. There are no taxes and no other charges. Annual total cost estimate at $400 per year.
Lake Texoma is the 40th largest lake in the United States. Located a hour and 10 minutes north of Dallas, Tx. The hard rock hotel is building a large marina, casino, and hotel on the lake with completion date of 2025. Dock can be purchased separately for $300,000 and yacht can be purchased separately for $350,000. Owner is willing to trade for income producing property, Bitcoin, Etherium, Solana or some other valuable asset.
This is a unique opportunity to have a dock that has virtually no monthly or annual costs associated with it. In other words, you’re not paying a rent, mortgage or taxes. Its just free! If you purchase a lake property for personal use you would have $30,000 per year in annual expenses, taxes, insurance and maintenance. This unique property has none of those expenses, yet you can be living on a valued $600,000 yacht on a free dock a hour and 10 mins north of the city of Dallas.
If you were to rent 2 34 x 15 slips, 2 jet ski docks, and the porch over the water in a marina, you would be paying $2,500 per month or $30,000 a year. You get this all for $36 per month and even that charge has been prepaid, giving you free use of a dock for 4 years until the next permit fee is owed. If you were to rent 2 34 x 15 slips, 2 jet ski docks, the porch over the water in a marina you would be paying $2,500 per month or $30,000 a year. You get this all for $36 per month and even that charge has been prepaid giving you free use of a dock for 4 years until the next permit fee is owed. You can be living on a luxurious yacht on the lake for 3,000 a year or you can live in the lake house for an annual cost of $30,000 factoring in taxes, insurance, house maintenance, yard maintenance and more.
THERE IS NO LAND THAT COMES WITH THE DOCK. YOU GET A CORE OF ENGINEER PERMIT THAT ALLOWS YOU TO HAVE YOUR PRIVATE DOCK ON THE LAKE FOR THE RIDICULOUS LOW PRICE OF $35 PER MONTH. AGAIN NO TAXES NO FEE NO MARINA COSTS.
Owner is also open to selling one of the slips for $150,000.

Property Facts

Price $599,999
Price Per SF $333
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Marina
Building Class C
Lot Size 220.33 AC
Building Size 1,800 SF
No. Stories 1
Year Built 2024

Amenities

  • Waterfront
  • Listing ID: 32442443

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 286 Lake Shore Dr, Pottsboro, TX 75076

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