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Owner Contacts

$332,000

NAL Estimated Property Value

261 CR 2168, Quitman, TX, 75783

Off Market

2 Beds

2 Bath

1,188 Sq Ft

$83.33 / sqft

Built in 1993

Highlights

Interior

Bedrooms 2

Bathrooms 2

AppliancesElectric Water Heater

Building Information

Year Built1993

Garage Spaces2

Land Information

APN83742

Lot Number209

Land UseResidential

Legal DescriptionLOT 209 BLK 2 CLEAR LAKES, ZONE 3 M/H ONLY ON R26909 1163 HUD# TEX0462508

Assessed Improvement Value$91,870

Assessment Year2025

About this property

Country Tranquility, Modern Comfort: 2-Bedroom Home Near Quitman Experience the best of both worlds in this charming 2-bedroom, 2-bathroom manufactured home. Enjoy the peaceful serenity of East Texas living while benefiting from modern amenities and accessibility features. Investment Potential: This home presents an excellent opportunity for investors seeking a lease property. With its competitive pricing and desirable location, it offers the potential for a strong return on investment. Schedule Your Viewing Today: Don't miss out on this fantastic opportunity to own a piece of country charm. Contact us to schedule your private tour. Key Features: Inviting Outdoors: Enjoy the fresh air on the covered front porch, complete with a ramp for easy access. Accessible Interior: The bathroom has been thoughtfully designed to accommodate individuals with physical challenges. Convenient Carport: Protect your vehicles and store extra belongings in the carport. Move-In Ready: This home is in excellent condition and ready to be enjoyed.

Investor Tools

$332,000

Estimated Property Value

$106,260Estimated Mortgage Balance

$225,740Estimated Equity

67% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,992 /month

Positive

Cash Flow Estimate:

$664 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$138/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$25,241

2025

N/A

$91,870

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$25,241

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

$108,000

Yes

First

Jun 20, 2025

Jul 2045

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$106,260

$225,740

67%

32%

$648/mo

Learn About the Market: Opportunity in Texas

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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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