$59,900
151 County Road 1421, Quitman, TX, 75783
$77,870 ARV
On Market
Just Added
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size14,157 sqft
Land Information
APN33850
Lot Number12,13
Land UseResidential
Legal DescriptionLOT 12,13 LAKE PARK ESTATES (S BURCH SURVEY A-27 ALSO)
Census Tract950303
Assessed Land Value$8,490
Assessed Improvement Value$3,050
Assessment Year2025
About this property
Have you been looking for your opportunity to invest in Lake Quitman? This is it! This property is perched on two spacious lots overlooking the idealic Lake Quitman. This is a serious rehab or tear down and rebuild. All the trash out has been done. Bare bones to get you started on your perfect Lake Quitman spot. Just bring your hammer and imagination! ENTER AT YOUR OWN RISK OWNER NOT RESPONSIBLE FOR ANY ACCIDENTS OR INJURY!
Investor Tools
$0Estimated Mortgage Balance
$90,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$77,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$540 /month
Positive
Cash Flow Estimate:
$180 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$52/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$173
$11,540
2025
$8,490
$3,050
$11,540
No
Tax History
Year
Tax Paid
Assessed Value
2025
$173
$11,540
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$90,000
100%
0%
$0/mo
