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$169,500

409 Poe Street, Quitman, TX, 75783

Under ContractInfo
Beds3 Beds
Baths1 Bath
Baths1,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.09 / sqft

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave

Exterior

Exterior FeaturesGarden
Lot Size13,752 sqft

Building Information

Garage Spaces2

Land Information

APN41002
Lot Number9
Land UseResidential
Legal DescriptionLOT 9 BLK 1 .3157 QUITMAN POE ADD
Census Tract950500
Assessed Land Value$11,000
Assessed Improvement Value$166,170
Assessment Year2025

About this property

Charming 3 bedroom, 1-bath brick home located on a dead-end street in Quitman, just minutes from world-famous Lake Fork, one of the nation's premier bass fishing lakes. This well-maintained home offers the perfect combination of small-town living and convenient access to fishing, boating, shopping, dining, and schools. The spacious yard is shaded by beautiful mature oak, pine, and pecan trees, creating a peaceful outdoor setting. Garden enthusiasts will love the raised garden beds with established herbs, providing the opportunity to grow fresh vegetables and seasonings right at home. Recent improvements include a new HVAC system installed in 2025 and an energy-efficient tankless water heater added in 2024, offering added comfort and long-term value. The property also features a detached garage with an automatic door opener, a detached carport for additional covered parking, and plenty of room for hobbies, storage, or outdoor entertaining. Whether you're searching for a primary residence, a weekend getaway near Lake Fork, or an investment property, this home is move-in ready and offers an outstanding location with easy access to all that East Texas has to offer.

Investor Tools

$130,090Estimated Mortgage Balance
$84,910Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,545
$154,207
2025
$11,000
$166,170
$177,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,545
$154,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$135,600
No
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,090
$84,910
39%
61%
$813/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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409 Poe Street | Property Details | No Agent List