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$228,270

NAL Estimated Property Value

160 County Road 2150, Quitman, TX, 75783

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,307 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.29 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop, Electric Oven, Gas Water Heater

Exterior

Lot Size1.64 acres

Building Information

Year Built2003
Garage Spaces2

Land Information

APN26355
Lot Number443,444
Land UseResidential
Legal DescriptionLOT 443,444 BLK 5 1.64 CLEAR LAKES, ZONE 1
Census Tract950301
Assessed Land Value$8,000
Assessed Improvement Value$220,270
Assessment Year2025

About this property

A hobby farmers dream, nestled beneath the arbors of East Texas, on a corner lot, this little red farmhouse, with 1307 sf of living space, is situated on 1.64 acres. The land beneath the canopy has been cleared to maximize the space needed for growing vegetation or raising small animals. Outbuildings like the 600 sf barn with rolling bay door, lofted storage, & 2 exterior doors, as well as, the glass framed greenhouse with attached storage building, only aid in facilitating the dream even more! Greeted upon entry by vaulted ceilings, an open floor plan, upgraded kitchen with large island, & freshly painted walls, this cozy home is loaded with character. With 1 guest bedroom & a split primary bedroom downstairs,the lofted 2nd bedroom accessed by a winding, iron staircase, & an updated bathroom with soaking tub, every inch of square footage is utilized. Relax in peaceful serenity from the covered back porch that adds an additional 537 sf under roof! Your fairytale just hit the market!

Investor Tools

Property Icon
$228,270
Estimated Property Value
$180,185Estimated Mortgage Balance
$48,085Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,370 /month
Positive
Cash Flow Estimate:
$457 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,423
$228,270
2025
$8,000
$220,270
$228,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,423
$228,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$179,450
No
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,185
$48,085
21%
79%
$1,109/mo

Learn About the Market: Opportunity in Texas

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Explore

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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160 County Road 2150 | Property Details | No Agent List