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Wood 75783
188 Shawnee
$180,000
● House - Off Market

188 Shawnee

Quitman, TX 75783
bedrooms
1 Bed
bathrooms
0 Bath
square feet
224 Ft²
$196,954
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This Beautiful Waterfront Property has Everything you need to Relax and Enjoy the Good Life. Wood Cabin has a Nice Bedroom with Wall Unit plus room for Storage. Bedroom Furniture and Lawnmower Conveys. Large RV Barn that comes with a Jayco Eagle 301 RLS which is Fully Furnished. Walk to the water and Catch Big Bass, Catfish or Crappie right off the Fully Inclosed Boat House with Sun Deck. Inside is 2 Slips and 1 lift. The 1992 Nitro Tracker Also Conveys with the Sale! 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
224 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$781
Property Type
House
Property Taxes
-
HOA Dues
$48
Year Built
-

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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 #14678307)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Sep 25, 2021 Listed by Promised Land Group, LLC $175,000
Listed by Promised Land Group, LLC

Property Highlights

Parking Available
Air Conditioning

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: 10,724
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY
  • Land Acres: 0000000246
  • Standard Land Use Code: 1000
  • County Land Use Code: A
  • Legal Description 1: LOT 38 BLK I(PELICAN BAY) .2462 HOLIDAY VILLAGES OF FORK

Neighborhood

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

Geography

  • Account Number: 1390-0009-0380-45
  • Parcel: 73970
  • Block: I
  • Lot: 38
  • Municipality: QUITMAN
  • Latitude: 32.8462
  • Longitude: -95.5171

    Address

  • Full Address: 188 Shawnee
  • Address - House Number: 188
  • Address - Street Name: Shawnee
  • State: TX
  • City Name: Quitman
  • Carrier Code: R096
  • 4-Digit Zip Code: 3622
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $71,790
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.4344
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 13
  • Final Value: 82,626
  • High Value: 118,521
  • Low Value: 46,730

    Market Valuation

  • Market Total Value: $97,130
  • Market Land Value: $74,000
  • Market Improvement Value: $23,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,130
  • Assessed Land Value: $74,000
  • Assessed Improvements Value: $23,130

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00011496
  • Previous Sale Recording Date: Dec 30, 2019
  • Previous Sale Contract Date: Dec 30, 2019
  • Previous Sale Document Type: 71
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

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NTREIS

Listed by: Brannon Alvarez, Promised Land Group, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14678307
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 188 Shawnee built and last sold?
The property at 188 Shawnee was built in and last sold on Oct 7, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 188 Shawnee is $0.
What are some comparable homes to 188 Shawnee?
There are currently no comparable homes to 188 Shawnee.
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