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Wood 75783
115 Waterfront Row
$97,500
● Land - Off Market

115 Waterfront Row

Quitman, TX 75783
bedrooms
Studio
bathrooms
0 Bath
$98,259
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Lake Life Living at its Finest! This Beautifully Maintained Property Measures 100x150 and has Everything you need to Relax and Enjoy the Good Life. Your RV will be Sitting Pretty under the 20x41 Metal Awning. The Deck Measures 16 Feet and has Steps on Both Ends. This Property Includes 2 Storage Units. One is 10x16 with a Loft Area, Washer Dryer Hookups, and Covered Front and Back Porches. The Other Measures 10x11 with a Covering over the Double Doors and has No Utilities. Community Benefits Include Fishing Piers, Stocked Fishing Ponds, Playgrounds, Picnic Areas with Grills, Salt Water Pool and Last but Not Least Boat Ramps that lead out to Beautiful Lake Fork. Wait there is more!! Potlucks, Karaoke, and BINGO!!
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$47
Year Built
-

Payment Calculator

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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: 5 months ago (NTREIS #14633804)

Price History

Date / Event Date Event Price
May 1, 2022 Sold
Premium
Sold
Jul 24, 2021 Listed by Promised Land Group, LLC $97,500
Listed by Promised Land Group, LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,460
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY
  • Land Acres: 0000000148
  • Standard Land Use Code: 1000
  • County Land Use Code: A
  • Legal Description 1: LOT 310 BLK E SUNSET SHORES .1483 HOLIDAY VILLAGES OF FORK

Neighborhood

  • School District Name: Quitman Independent School District
  • Census Tract: 950303

Geography

  • Account Number: 1390-0005-3100-45
  • Parcel: 72823
  • Block: E
  • Lot: 310
  • Latitude: 32.8466
  • Longitude: -95.5081

    Address

  • Full Address: 115 Waterfront Row
  • Address - House Number: 115
  • Address - Street Name: Waterfront
  • Address - Suffix Type: Row
  • State: TX
  • City Name: Quitman
  • Carrier Code: R096
  • 4-Digit Zip Code: 3502
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,764
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.4344
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 13
  • Final Value: 66,861
  • High Value: 95,907
  • Low Value: 37,814

    Market Valuation

  • Market Total Value: $24,220
  • Market Land Value: $24,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,220
  • Assessed Land Value: $24,220

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5096
  • Previous Sale Recording Date: Jul 25, 2016
  • Previous Sale Contract Date: Jun 27, 2016
  • Previous Sale Amount: $33,800
  • 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 Wood

Stats & Trends

Median Asking:

$314,950

Sale Price/ft²

$180

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2020 ft²

Average Home Age

-

Currently For Sale

275 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 183 Shawnee, Quitman, TX, 75783

$1,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,216 ft²
183 Shawnee, Quitman, TX, 75783 Listing by Jennifer Martinez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Brannon Alvarez, Promised Land Group, LLC
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14633804
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 115 Waterfront Row built and last sold?
The property at 115 Waterfront Row was built in and last sold on Apr 29, 2022 for $103,740.
How much is this home worth?
The estimated value of the home located at 115 Waterfront Row is $98,475.
What are some comparable homes to 115 Waterfront Row?
There are currently no comparable homes to 115 Waterfront Row.
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