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$398,000

NAL Estimated Property Value

954 County Road 4940, Quitman, TX, 75783

$420,498 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.26 / sqft

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesGas Range, Microwave, Plumbed For Ice Maker
FlooringVinyl, Wood

Exterior

Lot Size2.83 acres

Building Information

Garage Spaces2

Land Information

APN11390
Land UseResidential
Legal DescriptionABS 0027; BURCH S; TRACT 129; 2.832 ACRES; (2.844 LESS 0.21 IN RD)
Census Tract950301
Assessment Year2025

About this property

Nestled among majestic native oak trees, this recently update home looks like it is straight out of a Norman Rockwell painting. The property has a 24X24 insulated garage with updated door with opener, separate metal 18x24 structure that could be a two car carport. The property has two water wells, a 110 ft deep water well for the home and a 50 ft deep. There are fruit trees, fenced backyard, storage, covered patio. completely remodeled with plank tile through out. Upgrades includes thermal pane vinyl Windows, kitchen cabinets, appliances along with 7 foot PANTRY. Bath updates include vanity with double sinks and mirrors, 4x6 tile, walk-In shower with rain head.

Investor Tools

Property Icon
$398,000
Estimated Property Value
$207,527Estimated Mortgage Balance
$190,473Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$420,497
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,085
$340,843
2025
N/A
N/A
$353,430
No

Tax History

Year
Tax Paid
Assessed Value
2022
$4,085
$340,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$229,000
Yes
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,527
$190,473
47%
52%
$1,373/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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954 County Road 4940 | Property Details | No Agent List