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$149,000

502 Central Ave, Quitman, TX, 75783

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.14 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Gas Range

Exterior

Lot Size6,251 sqft

Building Information

Year Built1985

Land Information

APN41634
Lot Number1,2
Land UseResidential
Legal DescriptionLOT 1,2, PT 3 BLK 10 .1435 J B WALKER ADD
Census Tract950500
Assessed Land Value$4,380
Assessed Improvement Value$90,030
Assessment Year2026

About this property

Welcome to this cozy and charming 2 bedroom, 1 bath home located in the heart of Quitman! Conveniently situated near schools, shopping, dining, and medical facilities, this home offers the perfect combination of comfort and convenience. Featuring a metal roof, inviting covered front porch, and mature shade trees, this property has plenty of character and curb appeal. Whether you're a first time homebuyer, looking to downsize, or searching for an investment opportunity, this home has great potential! Enjoy small town living with everyday amenities just minutes away. Schedule your showing today!

Investor Tools

$54,784Estimated Mortgage Balance
$102,216Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$942 /month
Positive
Cash Flow Estimate:
$314 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$824
$94,410
2026
$4,380
$90,030
$94,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$824
$94,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$61,414
No
First
Mar 31, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,784
$102,216
65%
35%
$369/mo

City: Quitman

502 Central Ave | Property Details | No Agent List