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$150,000

222 Clark St, Quitman, TX, 75783

$195,000 ARVInfo
On MarketInfo
Beds6 Beds
Baths2 Bath
Baths2,631 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$57.01 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 2Bathrooms 2
AppliancesNone
FlooringWood

Exterior

Lot Size23,348 sqft

Building Information

Year Built1950

Land Information

APN37405
Lot Number5
Land UseResidential
Legal DescriptionLOT 5 BLK 75 .536 QUITMAN TOWNSITES
Census Tract950500
Assessed Land Value$4,670
Assessed Improvement Value$87,410
Assessment Year2025

About this property

Solid value-add opportunity in the heart of Quitman, the county seat of Wood County. This spacious 1950s home offers approximately 2,631 square feet with 6 bedrooms and 2 full baths on a 0.54-acre lot. Originally used as a boarding house, it features kitchens on both floors and a full bath on each level—creating flexible multi-tenant or room-rental potential that is hard to find at this scale in town. The layout includes oversized living and dining areas plus a separate living space, with a converted garage adding extra usable room. Foundation has been repaired, new windows installed, new exterior siding and zoned for commercial or residential.

Investor Tools

$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$195,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

Interested in this property?

Elliott Gremillion

Competitive Edge Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,343
$66,072
2025
$4,670
$87,410
$92,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,343
$66,072

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$156,000
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.

Explore Texas Explore This Area
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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222 Clark St | Property Details | No Agent List