$250,000
NAL Estimated Property Value205 Tomie Street, Quitman, TX, 75783
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile
Exterior
Lot Size13,029 sqft
Building Information
Year Built2004
Garage Spaces2
Land Information
APN38605
Lot Number2
Land UseResidential
Legal DescriptionLOT 2 BLK 3 .2991 GREEN ACRES ADD
Census Tract950500
Assessed Land Value$5,210
Assessed Improvement Value$220,180
Assessment Year2025
About this property
Move in ready home on a quiet street in Quitman. The large main living area is open to the kitchen with ample counter space, a dining nook, and breakfast bar. There are three bedrooms down the hallway. Two share a full bath and an owners suite has an attached bath. The second living area has a kitchenette and full bath. Bathroom has lots of counter space and storage. The laundry room opens off the kitchen and also connects to the garage. The back yard is fully fenced and has a nice sized concrete patio. The roof is only 3 years old.
Investor Tools
$250,000
Estimated Property Value
$102,470Estimated Mortgage Balance
$147,530Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,581
$225,390
2025
$5,210
$220,180
$225,390
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,581
$225,390
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City National Bank Of Sulphur Springs
Commercial
$112,000
No
First
Nov 12, 2021
Nov 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,470
$147,530
59%
41%
$672/mo
