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$199,950

$209,950

502 County Road 3264, Quitman, TX, 75783

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths3,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$61 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size3.61 acres

Building Information

Year Built2005

Land Information

APN23379
Land UseResidential
Legal DescriptionABS 0608; WATSON G W; TRACT 229; 3.61 ACRES; (3.940AC LESS 0.33AC IN ROW)
Census Tract950301
Assessed Land Value$43,320
Assessed Improvement Value$236,420
Assessment Year2025

About this property

With a good handy person, this could be terrific! The almost 4 acres is priced below assessed value of $336,xxx, so YOU have INSTANT EQUITY! Your opportunity is knocking for your peaceful place that is only about 2 hours east of DFW. The unfinished interior of this partially brick ranch-style home boasts approximately 4,000 square feet of space! Sitting on a hill of almost 4 partially fenced acres, you probably have enough room for a hobby farm. This could be completed as your own home or for income-producing property, with potential for a triplex, a women's shelter, a foster care facility, or a peaceful place for veterans. Some building materials are available for you. Many of the supplies are on site since the owner already purchased much. With a huge outdoor storage facility and other storage areas plus a carport, you'll have plenty of room for family gatherings, an outdoor gym, ping pong tables, a kids' playhouse, or a few farm animals. With a Quitman address, you are still close to conveniences but still are going to enjoy the beauty of the country!

Investor Tools

$0Estimated Mortgage Balance
$253,199Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,519 /month
Positive
Cash Flow Estimate:
$506 /month

Interested in this property?

Carmen Dampf

Lone Star Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$828
$253,199
2025
$43,320
$236,420
$279,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$828
$253,199

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$521,000
100%
0%
$0/mo

City: Quitman

502 County Road 3264 | Property Details | No Agent List