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$872,290

1285 Fm 288, Quitman, TX, 75783

Off MarketInfo
Baths0 Bath
Baths3,158 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2002

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7.12 acres

Building Information

Year Built2002

Land Information

APN17433
Land UseResidential
Legal DescriptionABS 0379; MCMAHAN I; TRACT 47 PT; 7.124 ACRES
Census Tract950304
Assessed Land Value$279,290
Assessed Improvement Value$593,000
Assessment Year2025

About this property

Just when you thought you couldn't find a great piece of Lake Fork waterfront...well here it is! Heavily wooded...easy access off FM 288...and deep water! Located in Cowhead Cove this 7.4 acres (4.6 deeded and 2.8 leaseback) would be ideal for one or 2 homes with plenty of room to roam and over 500' of shoreline. Your dock will sit on 10-15' of water with quick access to the main body of Lake Fork. There is a beautiful high spot just prefect for building your new home. Water and electric are conveniently located at the road. This land is for residential use only! Interest in land and homes on Lake Fork is at an all time high so don't delay...this is a rare find!

Investor Tools

Property Icon
$872,290
Estimated Property Value
$0Estimated Mortgage Balance
$872,290Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,234 /month
Positive
Cash Flow Estimate:
$1,745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,624
$872,290
2025
$279,290
$593,000
$872,290
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,624
$872,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$872,290
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Quitman

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1285 Fm 288 | Property Details | No Agent List