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Wood 75783
255 County Road 4137
$65,000
● House - Off Market

255 County Road 4137

Quitman, TX 75783
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,082 Ft²
$69,058
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Here is a deal for someone! Sitting on 2 acres, with a home that is 2 bedroom, 1 bathroom with large covered front porch,kitchen-eating combo, and several new windows. There is a shed at the back of the property that also needs some work.Home needs some work and could be removed, then you could build what you want! Or do an extensive remodel on the house and your own home! The 2 acres has a working septic system, electric and Jones Water Meter is in place, and will transfer to buyer at closing! The 2 acres is partially fenced, UNRESTRICTED, with no zoning or HOA to worry about. The possibilities here are endless! Bring your best offer today!! Buyer to verify any and all information
Unit Size
1,082 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$62
Property Type
House
Property Taxes
$67
HOA Dues
-
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 #20099974)

Price History

Date / Event Date Event Price
Jul 29, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by Century 21 Lake Country $67,500
Listed by Century 21 Lake Country

Property Highlights

Air Conditioning

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: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • 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: 87,120
  • Lot Size Depth Feet: 3,100
  • Lot Size Frontage Feet: 3,520
  • Total Building Area: 1,082
  • Gross Building Area: 1,523
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST HILLS ESTATES SUB
  • Land Acres: 0000002000
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: LOT 3,4PT BLK 1 2.0 FORREST HILLS

Neighborhood

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

Geography

  • Account Number: 1230-0001-0030-45
  • Parcel: 66258
  • Block: 1
  • Lot: 3
  • Municipality: QUITMAN
  • Latitude: 32.8328
  • Longitude: -95.4235

    Address

  • Full Address: 255 County Road 4137
  • Address - House Number: 255
  • Address - Street Name: County Road 4137
  • State: TX
  • City Name: Quitman
  • Carrier Code: R092
  • 4-Digit Zip Code: 7412
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,645
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 71
  • Final Value: 72,450
  • High Value: 87,485
  • Low Value: 57,415

    Market Valuation

  • Market Total Value: $85,770
  • Market Land Value: $36,000
  • Market Improvement Value: $49,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,770
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $49,770
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

2022 ft²

Average Home Age

-

Currently For Sale

278 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

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NTREIS

Listed by: Jr Simpson, Century 21 Lake Country
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20099974
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 255 County Rd 4137 built and last sold?
The property at 255 County Rd 4137 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 255 County Rd 4137 is $0.
What are some comparable homes to 255 County Rd 4137?
There are currently no comparable homes to 255 County Rd 4137.
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