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Wood 75783
129 Rising Star
$45,500
● Land - Off Market

129 Rising Star

Quitman, TX 75783
bedrooms
Studio
bathrooms
0 Bath
$50,645
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

2 Beautiful Treed Lots with All Utilities Located in Holiday Villages of Lake Fork a Gated Waterfront Community. Includes a 2002 Excel L35LKO Limited Edition with 3 Slides. Comes Fully Furnished with Recliners, Dining Table, Chairs, Queen Bed, Washer, and Dryer. Outside there is a Covered Deck with a Fridge, Upright Freezer, BBQ Grill and Storage building. 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
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$48
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: 3 years ago (NTREIS #14666822)

Price History

Date / Event Date Event Price
Oct 20, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by Promised Land Group, LLC $45,000
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: 5,253
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY
  • Land Acres: 0000000121
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: LOT 46 BLK E (SUNSET SHORES) .1206 HOLIDAY VILLAGES OF FORK

Neighborhood

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

Geography

  • Account Number: 1390-0005-0460-45
  • Parcel: 72522
  • Block: E
  • Lot: 46
  • Municipality: QUITMAN
  • Latitude: 32.8413
  • Longitude: -95.5107

    Address

  • Full Address: 129 Rising Star
  • Address - House Number: 129
  • Address - Street Name: Rising Star
  • State: TX
  • City Name: Quitman
  • Carrier Code: R096
  • 4-Digit Zip Code: 3623
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $35,017
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.4344
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 13
  • Final Value: 70,031
  • High Value: 100,454
  • Low Value: 39,607

    Market Valuation

  • Market Total Value: $27,340
  • Market Land Value: $19,710
  • Market Improvement Value: $7,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,340
  • Assessed Land Value: $19,710
  • Assessed Improvements Value: $7,630
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# 14666822
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 129 Rising Star built and last sold?
The property at 129 Rising Star was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 129 Rising Star is $0.
What are some comparable homes to 129 Rising Star?
There are currently no comparable homes to 129 Rising Star.
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