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$79,000

537 & 551 County Road 1418, Quitman, TX, 75783

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$70.54 / sqft

About this property

Take a look at these two double-wide mobile homes located in the Oak Ridge Addition subdivision at Lake Quitman in Quitman, Texas. The homes are being sold together, they share an aerobic septic system. One home needs extensive repairs and the other home is in need of repairs but was recently occupied by a tenant. These homes sit on .257 acre, and each home has 3 bedrooms, 2 bathrooms, and an attached carport. One home has a new metal roof and a new A/C system, while the other home has a composition roof. Lake Quitman is known for its awesome fishing. Plus, you're less than 15 minutes from the World Famous Lake Fork and its boat ramps. This could be a great opportunity for an investment property, rental income, or live in one home and rent out the other! Buyer to verify any and all information.

Investor Tools

$0Estimated Mortgage Balance
$79,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$474 /month
Positive
Cash Flow Estimate:
$158 /month

Interested in this property?

J.R. Simpson

CENTURY 21 Lake Country-Quitmn

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Financing Details

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

City: Quitman

537 & 551 County Road 1418 | Property Details | No Agent List