Tanglewood Resort, Ascend Hotel Collection

290 Tanglewood Cir, Pottsboro, TX 75076

  • For Sale $17,800,000
  • Property Type Other
  • Property Size 24,378 SF
  • Units 224
  • Lot Size 10.54 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1996
  • Year Renovated 2011
  • Date Updated May 7, 2025
Discover the prime location of this property nestled in the thriving Sherman-Denison market. The area offers a picturesque backdrop with the nearby Lake Texoma, a popular destination for water sports, fishing, and outdoor recreation. Investors will be drawn to the vibrant hospitality and resort opportunities in the vicinity, with notable attractions including the Tanglewood Resort and Conference Center, Cedar Mills Marina, and Highport Marina. The community boasts a charming small-town atmosphere while being conveniently located near major metropolitan areas. With its strategic position and proximity to renowned landmarks, the area presents a compelling investment prospect for hospitality and resort development.XHospitality Group @ eXp Commercial Introducing an exceptional investment opportunity — Tanglewood Resort & Golf, Ascend Collection (Choice Hotels). Situated in the thriving Sherman-Denison area, this impressive property offers a well-established foundation for a premier hospitality or resort venture. Property Overview: Location: Sherman-Denison Area, Pottsboro, Texas Size: 24,378 square feet Units: 224 Construction: Built in 1996, renovated in 2011 Occupancy Rate: 57% (indicating significant upside potential) Investment Highlights: ✅ Established Brand Affiliation: Part of the Ascend Collection by Choice Hotels, ensuring brand recognition and operational support. ✅ Strategic Location: Positioned near Lake Texoma, attracting both local and regional visitors seeking a premium resort experience. ✅ Modernized Infrastructure: Thoughtful renovations have preserved the property’s timeless appeal while enhancing operational efficiency. ✅ Diversified Revenue Streams: Multiple income sources including golf, dining, and event hosting. ✅ Growth Potential: The 57% occupancy rate presents a strong opportunity to increase ADR and improve overall profitability through targeted revenue management and strategic repositioning. Amenities: 18-hole championship golf course Multiple dining options, including the Lakeview Steakhouse and Tanglewood Bar & Grill Three outdoor pools and one indoor pool Full-service fitness center and spa Event spaces for weddings, conferences, and corporate retreats This property represents a compelling prospect for investors seeking to capitalize on the growing demand for resort experiences in the dynamic Sherman-Denison market. Secure this exclusive opportunity today. Contact XHospitality Group @ eXp Commercial for more information and financial details.
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Highlights

  • Property Overview:
  • Location: Sherman-Denison Area, Pottsboro, Texas
  • Size: 24,378 square feet
  • Units: 224
  • Year Built: 1996 (Renovated in 2011)
  • Occupancy Rate: 57% (Opportunity for growth) ADR $93.32, Gross Revenue $4.3 Million
  • Investment Highlights:
  • ? Established Brand Affiliation – Ascend Collection by Choice Hotels ensures brand recognition and operational support
  • ? Strategic Location – Near Lake Texoma, attracting local and regional visitors
  • ? Modernized Infrastructure – Thoughtful renovations enhance functionality and aesthetic appeal
  • ? Diversified Revenue Streams – Golf, dining, lodging, and event hosting
  • ? Growth Potential – Opportunity to increase occupancy and ADR through strategic repositioning
  • Amenities:
  • 18-hole championship golf course
  • Lakeview Steakhouse and Tanglewood Bar & Grill
  • Three outdoor pools and one indoor pool
  • Full-service fitness center and spa
  • Event spaces for weddings, conferences, and corporate retreats

Contacts

broker

eXp Commercial

Location

Getting Around

  • Walk Score ®

    7/100 Car-Dependent
  • Bike Score ®

    15/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Pottsboro, TX
  • Zip Code 75076

Points of Interest

  • Brookshire's

    4.29 miles

  • Alon

    4.71 miles

  • Panther Fuel

    4.72 miles

  • Exxon

    5.61 miles

  • Texaco

    7.39 miles

  • Murphy USA

    8.10 miles

  • Valero

    8.13 miles

  • Shell

    8.26 miles

  • Lucky Stop

    8.38 miles

  • Tesla Supercharger

    9.02 miles

  • Holiday Inn Express & Suites

    7.98 miles

  • La Quinta Inn & Suites

    8.03 miles

  • Motel 6

    8.08 miles

  • Best Western Plus

    8.20 miles

  • Hampton Inn & Suites

    8.29 miles

  • Napoli's Pizza

    3.58 miles

  • El Burrito Taqueria

    4.73 miles

  • Sonic

    4.74 miles

  • Southern Crispy Donuts

    4.89 miles

  • Roma's Pizza

    5.21 miles

  • Hot'n Creamy Donuts

    5.21 miles

  • Papa John's

    8.02 miles

  • Subway

    8.06 miles

  • Domino's

    8.07 miles

  • Chicken Express

    8.08 miles

  • Willow Springs School

    3.86 miles

  • Pottsboro Intermediate School

    5.00 miles

  • Pottsboro Elementary School

    5.03 miles

  • Pottsboro Middle School

    5.07 miles

  • Pottsboro High School

    5.14 miles

  • Layne Elementary School

    8.35 miles

  • Perrin Elementary School

    8.35 miles

  • Grayson College West Extension

    8.40 miles

  • B McDaniel Intermediate School

    8.74 miles

  • Mayes Elementary School

    8.88 miles

  • Parkview Learning Center

    4.73 miles

  • Sunshine Center for Children

    5.05 miles

  • Kiddie Kampus

    8.53 miles

Frequently Asked Questions

How much does Tanglewood Resort, Ascend Hotel Collection cost?

The space currently listed for sale at Tanglewood Resort, Ascend Hotel Collection asks for $17,800,000.

What is the total square footage of Tanglewood Resort, Ascend Hotel Collection?

Tanglewood Resort, Ascend Hotel Collection totals 24,378 square feet.

When was this property built?

Tanglewood Resort, Ascend Hotel Collection was built in 1996.

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Contact Listing Broker
broker

eXp Commercial

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