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Days1366Days on Market
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$242,800

2045 Indian Gap, Quitman, TX, 75783

$307,182 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,320 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$183.94 / sqft
Year BuiltBuilt in 2010

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate, Linoleum

Land Information

APN104576
Lot Number124
Land UseResidential
Legal DescriptionLOT 124 BLK I HOLIDAY VILLAGES OF FORK; IMP ONLY ON 74189 NTA1525236; NTA1525237
Census Tract950303
Assessment Year2025

About this property

Beautiful waterfront property on Lake Fork. This 3 bed, 2 bath home has a great layout and is currently being used as a successful short-term rental. Take in the picturesque lake views on the covered 40 * 10 back porch! There is also a fenced yard, perfect for a dog run or a little garden. The home is positioned so that the living room faces the lake. This home is a great primary residence or a weekend getaway. This was renovated in 2023 and is the perfect little lake house. New HVAC was just installed in the past couple months. Seller will sell the house fully furnished with an acceptable offer so that buyer can have it as a turnkey short-term rental. This property has a leaseback with the Sabine River Authority. Buyer will have to register with SRA and pay the nominal yearly fee for the leaseback. Survey and SD are loaded into the transaction desk. Listing Broker is the Seller and holds a Texas Broker License.

Investor Tools

$0Estimated Mortgage Balance
$208,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$307,181
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,457 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
$48/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$63
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2022
$63
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
100%
0%
$0/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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2045 Indian Gap | Property Details | No Agent List