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Wood 75783
1307 County Road 2140
$186,000
● House - Off Market

1307 County Road 2140

Quitman, TX 75783
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,200 Ft²
$187,971
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Located on a waterfront lot in the charming Quitman community of Clear Lakes. This is a cozy 3 bedroom and 2 bath newly constructed home.  Features include vaulted ceilings, laminate flooring and new stainless steel appliances. There are 2 full baths,  with with tub and shower combo and the guest bath has a walk-in shower.  Energy efficient items include the spray foam insulation and dual panel windows.  There is a metal roof and wrap around decks to enjoy your lake front view every evening.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$150
Property Type
House
Property Taxes
$6
HOA Dues
-
Year Built
2022

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #20180770)

Price History

Date / Event Date Event Price
Feb 10, 2023 Sold
Premium
Sold
Oct 6, 2022 Listed by Promised Land Group, LLC $179,900
Listed by Promised Land Group, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • 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: 11,735
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 910
  • Total Building Area: 1,248
  • Gross Building Area: 1,760
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEAR LAKES
  • Land Acres: 0000000269
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • Legal Description 1: LOT 416 BLK 5 .2694 CLEAR LAKES, ZONE 1

Neighborhood

  • School District Name: Quitman Independent School District
  • Census Tract: 950301

Geography

  • Account Number: 1160-0005-0416-45
  • Parcel: 26333
  • Block: 5
  • Lot: 416
  • Municipality: QUITMAN
  • Latitude: 32.7782
  • Longitude: -95.4463

    Address

  • Full Address: 1307 County Road 2140
  • Address - House Number: 1307
  • Address - Street Name: County Road 2140
  • State: TX
  • City Name: Quitman
  • Carrier Code: R093
  • 4-Digit Zip Code: 6137
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,382
  • Tax Rate Code Area: GWD HXX SQ

    Market Valuation

  • Market Total Value: $184,060
  • Market Land Value: $4,000
  • Market Improvement Value: $180,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,060
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $180,060

    Exemptions

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

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1215
  • Previous Sale Recording Date: May 30, 2018
  • Previous Sale Contract Date: Apr 20, 2018
  • Previous Sale Amount: $1,800
  • Previous Sale Document Type: 27
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:

$319,550

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

89

Average Home Size

2054 ft²

Average Home Age

-

Currently For Sale

282 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: Tamara Clark, Promised Land Group, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20180770
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1307 County Rd 2140 built and last sold?
The property at 1307 County Rd 2140 was built in 2022 and last sold on Feb 10, 2023 for $182,280.
How much is this home worth?
The estimated value of the home located at 1307 County Rd 2140 is $184,986.
What are some comparable homes to 1307 County Rd 2140?
There are currently no comparable homes to 1307 County Rd 2140.
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