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$362,620

NAL Estimated Property Value

2427 N State Highway 37, Quitman, TX, 75783

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,321 Sq Ft
FarmFarm
price_per_sqft$177.9 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Plumbed For Ice Maker
FlooringVinyl, Wood

Exterior

Exterior FeaturesDog Run
Lot Size14.91 acres

Building Information

Year Built2000
Garage Spaces2

Land Information

APN21711
Land UseResidential
Legal DescriptionABS 0537; STARK J; TRACT 8; 14.91 ACRES
Census Tract950301
Assessed Land Value$178,920
Assessed Improvement Value$183,700
Assessment Year2025

About this property

MOTIVATED SELLER! BRING ALL OFFERS. Horse property on 15 acres. House with metal roof has 2 nice size bedrooms and 1 full bath. Living room with wood floors and eat in kitchen. Bonus room with concrete floor would make a nice mud room, tack room or game room, large enough for a pool table. 30X40 Workshop with electricity and water includes a bathroom and shower, roll up doors. Barn is approximately 30X40 with electricity, 5 stalls, stud pen and bathing area. Property is fenced on three sides and cross fenced. Working pens. Back of property is wooded. House will need some minor cosmetic TLC.

Investor Tools

Property Icon
$362,620
Estimated Property Value
$192,406Estimated Mortgage Balance
$170,214Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,176 /month
Positive
Cash Flow Estimate:
$725 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,968
$362,620
2025
$178,920
$183,700
$362,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,968
$362,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Open End Mortgage / Open End With Future Advance Clause
$211,500
No
First
Aug 23, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,406
$170,214
46%
53%
$1,269/mo

City: Quitman

2427 N State Highway 37 | Property Details | No Agent List