$475,000
Multiple County Road 1449, Quitman, TX, 75783
On Market
Just Added
Highlights
Interior
Exterior
Exterior FeaturesPrivate Yard
About this property
This property is a rare find featuring three income producing homes plus a vacant land tract, offering significant expansion potential with beautiful water views of Lake Quitman. Located less than 1,000 feet from the community boat ramp and boasting 998 feet of road frontage, this unrestricted lake view property offers excellent potential for short term or long term rentals.
Investor Tools
$0Estimated Mortgage Balance
$475,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
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$X/month
No HOA
5.947%
