Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$254,000

NAL Estimated Property Value

706 Lance Road, Quitman, TX, 75783

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,019 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.39 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size24,110 sqft

Building Information

Garage Spaces2

Land Information

APN38439
Land UseResidential
Legal DescriptionLOT 31 .5535 GOLDSMITH-MORSE UNIT 2
Census Tract950500
Assessed Land Value$14,470
Assessed Improvement Value$215,210
Assessment Year2025

About this property

Welcome to this charming home in a quiet neighborhood in Quitman. Located with close convivence to town, shopping and a short distance to Lake Fork, known for bass fishing. Nestled on a generous over half-acre lot graced by mature trees. Step inside to find a thoughtfully designed interior featuring three large bedrooms and two modern bathrooms. The primary bedroom features his and hers closets, while the secondary bedroom boasts two closets with a convenient desk alcove, perfect for study or work. Granite countertops throughout, new carpeting in all the bedrooms and recessed lighting in the living room create a warm and inviting atmosphere for entertaining or unwinding. Energy efficiency is paramount with updated LED lighting throughout and gas heat and water heater. The family room's brick wood-burning fireplace with gas starter is a centerpiece for memorable gatherings. Enjoy the outdoors with a vast backyard, ideal for gardening or simply soaking in the peaceful surroundings. With a roof less than a year old, this home not only promises stylish living but also peace of mind for years to come. Welcome to a place where comfort meets sophistication, and every detail caters to your lifestyle.

Investor Tools

Property Icon
$254,000
Estimated Property Value
$111,648Estimated Mortgage Balance
$142,352Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,272
$229,680
2025
$14,470
$215,210
$229,680
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,272
$229,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$113,997
No
First
Feb 12, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,648
$142,352
56%
44%
$684/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

706 Lance Road | Property Details | No Agent List