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Wood 75783
122 Concho
$155,000
● Mobile Manufactured - Off Market

122 Concho

Quitman, TX 75783
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,294 Ft²
$157,124
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Beautiful 3 Bedroom 3 Bath 2,294 SF Home with Handicap Ramp on a Nicely Treed Half Acre Lot Located in a Gated Lake Fork Waterfront Community. Concrete Drive with Covered Parking. 10x22 Workshop with Electric. Inside Includes a Wood Burning Fire Place, Large Kitchen with Island, Large Rooms all with Walk in Closets, and a Huge Laundry Room. Walk Through the French Doors to a 286 SF Master Suite with a Built in Office Area. Bring your 4-wheeler, golf cart, ATV, boat, and fishing pole! Airbnb's are Allowed. Community benefits include common fishing piers, boat ramps, clubhouse with pool, playgrounds, putt putt golf, basketball court, and picnic areas. Monthly potluck, bingo, karaoke and dances with live bands.
Unit Size
2,294 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$68
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$48
Year Built
2003

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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 #14741535)

Price History

Date / Event Date Event Price
Apr 8, 2022 Sold
Premium
Sold
Jan 17, 2022 Listed by Promised Land Group, LLC $155,000
Listed by Promised Land Group, LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,002
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,294
  • Gross Building Area: 4,732
  • Building Area: 2,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,294
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: LOT 29 BLK D WATER WOOD ESTS .5051 HOLIDAY VILLAGES OF FORK 1390 HUD# PFS0810027

Neighborhood

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

Geography

  • Account Number: 1390-0004-0290-45
  • Parcel: 72994
  • Block: D
  • Lot: 29
  • Municipality: QUITMAN
  • Latitude: 32.839
  • Longitude: -95.5024

    Address

  • Full Address: 122 Concho
  • Address - House Number: 122
  • Address - Street Name: Concho
  • State: TX
  • City Name: Quitman
  • Carrier Code: R096
  • 4-Digit Zip Code: 3606
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $73,920
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 71
  • Final Value: 151,872
  • High Value: 183,389
  • Low Value: 120,356

    Market Valuation

  • Market Total Value: $212,440
  • Market Land Value: $82,500
  • Market Improvement Value: $129,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,440
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $129,940

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4070
  • Previous Sale Recording Date: May 28, 2021
  • Previous Sale Contract Date: May 28, 2021
  • Previous Sale Document Type: 68
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 1001 County Road 1350, Quitman, TX, 75783

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,224 ft²
1001 County Road 1350, Quitman, TX, 75783 Listing by Kason Childress

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Brannon Alvarez, Promised Land Group, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14741535
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 122 Concho built and last sold?
The property at 122 Concho was built in 2003 and last sold on Jan 1, 1970 for $151,900.
How much is this home worth?
The estimated value of the home located at 122 Concho is $0.
What are some comparable homes to 122 Concho?
There are currently no comparable homes to 122 Concho.
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