Vanguard Real Estate Advisors Represents Seller In Development Site Sale At 149 & 158 Davis Forest Lane
Pottsboro
Building Size
11 SF
Asset Type
Development Site
Closing
Feb 6, 2026
AI
The property involved in this transaction is a development site located at 149 & 158 Davis Forest Lane in Pottsboro, TX. The site comprises approximately 73.92 acres, divided into two parcels of 11.79 acres and 62.13 acres, respectively.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Address: 149 & 158 Davis Forest Lane
- Market: Pottsboro
- Acres: 73.92 (11.79+/- & 62.13+/-)
- Brokers: Jordan Cortez & Haley Birmingham - Vanguard Real Estate Advisors
Vanguard Real Estate Advisors represented the Seller in this transaction. Jordan Cortez and Haley Birmingham are noted as the brokers involved in facilitating the sale of the property.
Players
Denison Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93