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$749,000

NAL Estimated Property Value

1688 CR 3118, Quitman, TX, 75783

$905,600 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,191 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.72 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Other

Building Information

Garage Spaces2

About this property

You’re not going to believe this so listen closely…a gorgeous well maintained 3191 SF home on 10 beautiful acres…a 672 SF shop currently used as a Hair Salon…a fantastic view over the 1+ acres spring feed pond ready for your fishing line…it’s a totally turnkey purchase because everything in the house conveys from kitchen utensils to linens plus the John Deere tractor and equipment trailer…just bring your clothes and pictures! And if that isn’t enough…the mineral rights they own (approximately half) convey!! But…there is still more! The two adjacent tracts of land…estimated at 12 and 28 acres may be purchased independently with the house and 10 acres but will not be sold separately. The 12 acres are located on a corner and is pastureland. The 28 acres are approximately 75% pasture with mature trees on the south and east side including a 2nd pond among the trees. ***See Associated Docs for full description***

Investor Tools

Property Icon
$749,000
Estimated Property Value
$0Estimated Mortgage Balance
$749,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$905,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

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

City: Quitman

1688 CR 3118 | Property Details | No Agent List