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$505,300

213 County Road 1460, Quitman, TX, 75783

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,814 Sq Ft
FarmFarm
price_per_sqft$159.32 / sqft

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop, Electric Oven
FlooringWood

Exterior

Lot Size38.81 acres

Land Information

APN11291
Land UseMisc Improvement And Ranch - Rural Residence
Legal DescriptionABS 0027; BURCH S; TRACT 2,3, 5 PT; 38.805 ACRES
Census Tract950303
Assessment Year2025

About this property

ATTENTION INVESTORS, HUNTERS, FISHERMAN!! You don't want to miss this one of a kind, diamond in the rough property! This vintage 2 bed, 1 bath property has a wrap around porch and sits on 38.8 acres. It has a large natural spring fed pond that is stocked and ready for fishing! A portion of the property has a water view of Lake Quitman, AND you are only 15 minutes away from the famous Lake Fork fishing! The acreage hosts a variety of wildlife! You have to come see it for yourself to appreciate the potential that this property holds!

Investor Tools

Property Icon
$505,300
Estimated Property Value
$0Estimated Mortgage Balance
$455,483Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,032 /month
Positive
Cash Flow Estimate:
$1,011 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30
$505,300
2025
N/A
N/A
$552,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$30
$505,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Gilmer
Arm (Adjustable Rate Mortgage)
$76,000
No
First
Aug 14, 2008
Aug 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,817
$455,483
90%
10%
$506/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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213 County Road 1460 | Property Details | No Agent List