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$481,000

NAL Estimated Property Value

1807 E State Highway 154, Quitman, TX, 75783

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,012 Sq Ft
price_per_sqft$233.1 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet, Combination, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size5 acres

Building Information

Year Built1999

Land Information

APN18744
Land UseResidential
Legal DescriptionABS 0423; MORRISON G; TRACT 3 PT; 5.0 ACRES
Census Tract950301
Assessed Land Value$75,000
Assessed Improvement Value$352,240
Assessment Year2025

About this property

It does not get any better than this!!! Nestled under mature oaks is a 2012 square foot, 4-bedroom 2-bath home on 5 acres. It is situated in the perfect location on top of a hill just 1.5 miles east of Quitman. The home has an open concept kitchen,dining, and living area. There are 3 traditional bedrooms and 2 baths with a bonus room that can be used as a 4th bedroom,an office space or sunroom with its own separate porch. Outside is 5 beautiful acres with much of it being in pipe fence. You will love the 1 bedroom, 1 bath guest home, mother-in-law suite or fantastic man cave. It has a 30 x 50partially insulated metal shop with electricity and large overhead doors. There are 3 fenced and cross fenced pastures with a3-stall corral. The property has a deep well used for watering the livestock and a 50-amp RV hook-up. Bring the whole family,the horses, cows or other livestock and enjoy this amazing property. Schedule your showing as soon as possible before it's gone. ADDITIONAL PICTURES

Investor Tools

Property Icon
$481,000
Estimated Property Value
$391,225Estimated Mortgage Balance
$89,775Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,574
$427,240
2025
$75,000
$352,240
$427,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,574
$427,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alameda Mortgage Corp
Conventional
$414,000
No
First
May 10, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,225
$89,775
18%
81%
$2,483/mo

City: Quitman

1807 E State Highway 154 | Property Details | No Agent List