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$2,200,000

NAL Estimated Property Value

3035 W State Highway 154, Quitman, TX, 75783

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths16,043 Sq Ft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringOther

Exterior

Lot Size1.02 acres

Building Information

Year Built1987

Land Information

APN17395
Land UseCommercial
Legal DescriptionABS 0379; MCMAHAN I; TRACT 26; 1.018 ACRES
Census Tract950304
Assessed Land Value$153,290
Assessed Improvement Value$2,046,710
Assessment Year2025

About this property

One of the original marinas established on Lake Fork and built into one of the most highly regarded businesses since the 90’s.The current owner has continued the focus of making the Minnow Bucket one of the top marinas on Fork. What makes a great marina? A wide range of services and products supported by a great staff knowledgeable in all aspects of Lake Fork and its fishing reputation with a location 2nd to none! The 2018 traffic count by TxDOT showed on average 4451 vehicles per day pass the approximately 1200’ of road frontage on Hwy 154. The grounds include 37 RV sites, 2 boat launches and 2 piers. See associated docs for complete description & features list.

Investor Tools

Property Icon
$2,200,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,993
$2,200,000
2025
$153,290
$2,046,710
$2,200,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$32,993
$2,200,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,200,000
100%
0%
$0/mo

City: Quitman

3035 W State Highway 154 | Property Details | No Agent List