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$699,900

1507 TX-154 Highway, Quitman, 75783

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.81 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard, Storage

About this property

Discover 39.83 acres of country living with convenient access to Lake Fork fishing—less than five miles from the Minnow Bucket boat ramp—and only a couple of miles from town. This beautiful Northeast Texas property features two homes, two ponds, a large meadow, and woods filled with towering oak and pine trees where deer are frequently seen. Pipe fencing, gated entrances, and a paddock make the property ideal for livestock and recreation. The approximately 2,736-square-foot double-wide has been updated with solid wood kitchen cabinets, new flooring, and a remodeled laundry room. The home features four bedrooms, 3.5 bathrooms, a wood-burning fireplace, and central heat and air. Kitchen appliances, a washer, and a dryer are included. The primary suite offers walk-in closets, a soaking tub, and a walk-in shower. Enjoy your morning coffee on the front porch and beautiful East Texas sunsets from the screened back porch. Outside, you will find a three-car carport, an insulated shop with RV and boat parking. The second home is a charming, approximately 1,495-square-foot red-brick residence offering two comfortable bedrooms, one beautifully tiled bathroom, gorgeous hardwood floors, and a gas fireplace. The bright, open kitchen features a view of the peaceful pasture, creating a warm and inviting space. The converted carport provides additional versatile living space but is not included in the stated square footage. Exterior features include a spacious three-section barn with a loft and chicken coop, two water wells, and an insulated portable building complete with a bathroom and air conditioning. Each residence has its own separate septic system. Both water wells draw from the area’s groundwater supply, and either well can service either residence. Whether you are looking for world-class fishing, a place to hunt, multigenerational living, or an investment opportunity, this unique East Texas property offers space, privacy, versatility, and endless possibilities.

Investor Tools

$0Estimated Mortgage Balance
$699,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Brannon Alvarez

Real Broker, LLC

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Financing Details

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

City: Quitman

1507 TX-154 Highway | Property Details | No Agent List