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Quitman 75783
102 Wayside Drive
$317,000
● House - Off Market

102 Wayside Drive

Quitman, TX 75783
bedrooms
5 Beds
bathrooms
0 Bath
square feet
3,168 Ft²
$351,535
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

This Beautiful, Spacious 5 Bedroom, 3 Bath, Ranch style home on a large, corner lot offer inspiring spaces and an exceptional amount of outdoor space. The large bedrooms make this home perfect for entertaining or a large family. The owner's suite is split from the other bedrooms and features a living area, coffee bar-kitchenette, along with access to the front porch as well as access to the back patio. The main living area has a large wood burning fireplace and a formal dining area. The updated, roomy kitchen boasts an abundance of cabinets, absolutely beautiful granite countertops, gas cook-top, and double ovens. This home has storage space everywhere! Green House has water, electricity and heating system.
Unit Size
3,168 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$103
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14680656)

Price History

Date / Event Date Event Price
Jan 18, 2022 Sold
Premium
Sold
Sep 25, 2021 Listed by Lone Star Realty $325,000
Listed by Lone Star Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 559
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,465
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,430
  • Total Building Area: 3,168
  • Gross Building Area: 4,605
  • Building Area: 3,168
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,168
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDSMITH & MORSE ADDITION
  • Land Acres: 0000000791
  • Standard Land Use Code: 1000
  • County Land Use Code: A
  • Legal Description 1: LOT 110,111 .7912 GOLDSMITH-MORSE UNIT 5

Neighborhood

  • School District Name: Quitman Independent School District
  • School Tax School District: WDD
  • Census Tract: 950500

Geography

  • Account Number: 5160-0000-1100-40
  • Parcel: 38514
  • Lot: 110
  • Municipality: QUITMAN
  • Latitude: 32.7954
  • Longitude: -95.441

    Address

  • Full Address: 102 Wayside Dr
  • Address - House Number: 102
  • Address - Street Name: Wayside
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Quitman
  • Carrier Code: R096
  • 4-Digit Zip Code: 1610
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $586,958
  • Tax Rate Code Area: CQU GWD HX

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 71
  • Final Value: 324,181
  • High Value: 391,455
  • Low Value: 256,907

    Market Valuation

  • Market Total Value: $336,680
  • Market Land Value: $20,680
  • Market Improvement Value: $316,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,680
  • Assessed Land Value: $20,680
  • Assessed Improvements Value: $316,000

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 671
  • Previous Sale Recording Date: Apr 13, 2017
  • Previous Sale Contract Date: Apr 12, 2017
  • Previous Sale Amount: $164,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Quitman

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$135

Below Asking

0.04%

Average Days on Market

92

Average Home Size

1924 ft²

Average Home Age

-

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 202 Richards Street, Quitman, TX, 75783

$527 /mo

  • 1 Bed
  • 1 Bath
202 Richards Street, Quitman, TX, 75783 Listing by Rick Rivera
Unit for rent at 401 Central, Quitman, TX, 75783

$1,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,398 ft²
401 Central, Quitman, TX, 75783 Listing by Jordyn Young

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Barbara Jarvis, Lone Star Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14680656
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 102 Wayside Drive built and last sold?
The property at 102 Wayside Drive was built in 1977 and last sold on Jan 18, 2022 for $317,805.
How much is this home worth?
The estimated value of the home located at 102 Wayside Drive is $0.
What are some comparable homes to 102 Wayside Drive?
There are currently no comparable homes to 102 Wayside Drive.
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