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$269,900

774 Indian Gap, Quitman, TX, 75783

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.94 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Gas Range, Refrigerator, Vented Exhaust Fan, Washer, Other
FlooringConcrete, Laminate

About this property

Come discover this unique opportunity featuring three separate cabins situated on four lots totaling just over a half acre located within walking distance of Lake Fork! Each cabin is approximately 600 sq ft. Offering plenty of flexibility, this property is ideal for a family retreat, multi-generational living, weekend getaway, or investment opportunity. Located within walking distance of the community boat ramp and fishing pier, enjoying lake life is just steps away. One lot is currently vacant, providing space for a shop, additional cabin, extra parking, or outdoor improvements. Cabin 1, the main cabin, features 2 bedrooms, 1.5 baths, painted concrete floors, rustic custom wood detailing, rock countertops, a wood-burning fireplace, propane range, dishwasher, and central heat and air. A large outdoor deck is perfect for relaxing, grilling, and entertaining. The kitchen armoire and stackable washer and dryer are included. Cabin 2, located behind the main cabin, offers 2 bedrooms, 1 bath with shower, laminate flooring, electric range, electric water heater, electric fireplace, and three window units. Two attached storage buildings provide additional space, including one with full-size washer and dryer hookups. The refrigerator, washer, and dryer are included. There is also a covered patio. Cabin 3, situated across from the main cabin, features 2 bedrooms, 1 bath with shower, laminate flooring, tile countertops, ceiling fans, electric fireplace, electric range, dishwasher, central heat and air, and an additional window unit. The refrigerator is included. There is a large covered patio and an attached 3-car carport that provides convenient covered parking. With three cabins, extra storage, covered parking, and room to grow, this property offers so many possibilities. Bring your ideas and make this unique lake-area property your own! Schedule your private tour today to see what all this property has to offer!

Investor Tools

$0Estimated Mortgage Balance
$159,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,619 /month
Positive
Cash Flow Estimate:
$540 /month

Interested in this property?

Lisa Davis

Fathom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
$52/month
5.947%

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.

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

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774 Indian Gap | Property Details | No Agent List