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Wood 75783
1652 County Road 1468
$175,000
● House - Off Market

1652 County Road 1468

Quitman, TX 75783
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,398 Ft²
$1,179
Est. Monthly

About This Property

SELLER IS OFFERING A $5000 CREDIT WITH ACCEPTABLE OFFER!  Take me to the county! This charming 3 bedroom 2 bath farmhouse perfectly sets on approximately 1.5  unrestricted acres of land along with 3 outbuildings, a shop and a carport for all of your toys.  One of the outbuildings has been converted into an office with electricity and AC for those hot Texas days.  There is plenty of space for a fabulous garden and .50 an acre is cross fenced for those sweet farm animals.  This property is located about 15 mins from world famous Lake Fork.  Don't let this gem get away!! Schedule your showing today.
Unit Size
1,398 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 2 years ago (NTREIS #20554587)

Price History

Date / Event Date Event Price
Nov 18, 2024 Sold
Premium
Sold
May 19, 2024 Price Decreased $240,000
↓ $22K (8.6%)
Price Decreased
Mar 7, 2024 Listed by Fathom Realty LLC $262,490
Listed by Fathom Realty LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,545
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,391
  • Gross Building Area: 3,673
  • Building Area: 1,391
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 1,391
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE J M MANNING SURVEY A 381
  • Land Acres: 0000001459
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • Legal Description 1: ABS 0381; MANNING J M; TRACT 48 PT; 1.4588 ACRES; (1.5522 ACS W/0.0934 IN CR)

Neighborhood

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

Geography

  • Account Number: 0381-0048-0001-45
  • Subdivision Tract Number: 48
  • Parcel: 79832
  • Municipality: QUITMAN
  • Latitude: 32.901
  • Longitude: -95.4655

    Address

  • Full Address: 1652 County Road 1468
  • Address - House Number: 1652
  • Address - Street Name: County Road 1468
  • State: TX
  • City Name: Quitman
  • Carrier Code: R092
  • 4-Digit Zip Code: 4488
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $87,265
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 315,435
  • High Value: 380,439
  • Low Value: 250,431

    Market Valuation

  • Market Total Value: $220,400
  • Market Land Value: $26,260
  • Market Improvement Value: $194,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,400
  • Assessed Land Value: $26,260
  • Assessed Improvements Value: $194,140

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2015
  • Current Sale Recording Date: Apr 24, 2015
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015-00004340
  • Previous Sale Recording Date: Oct 03, 2013
  • Previous Sale Contract Date: Sep 11, 2013
  • Previous Sale Amount: $60,900
  • Previous Sale Document Type: 40
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

Rentals Near You

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NTREIS

Listed by: Jennifer Shelton, Fathom Realty LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20554587
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1652 County Rd 1468 built and last sold?
The property at 1652 County Rd 1468 was built in and last sold on Apr 22, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 1652 County Rd 1468 is $0.
What are some comparable homes to 1652 County Rd 1468?
There are currently no comparable homes to 1652 County Rd 1468.
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