255 CR 4645
About This Property
Productive 94.139-acre agricultural property in Wood County, Texas, located just 15 miles from Quitman and 7.5 miles from Winnsboro, and in close proximity to premier East Texas fishing destinations including Lake Fork, Lake Quitman, and Lake Winnsboro.
Currently utilized for cattle grazing and hay production, the property is cross fenced for efficient pasture management and features three stock tanks providing dependable livestock water. Improvements include an updated 992 sq. ft. cabin with 1 bedroom and 1-bathroom, open kitchen, dining, and living area, and full front and back porches. A 600-foot-deep water well supplies the cabin.
Additional improvements include an equipment shed and an old wooden barn. The property offers approximately 1,800 feet of frontage along CR 4645, providing excellent access and making it well-suited for subdivision or future development.
A versatile East Texas ranch with strong agricultural production, water resources, road frontage, and recreational proximity-ideal for ranchers, investors, or land buyers seeking long-term value.
Highlights:
94.139 acres
Cross-fenced pasture
Cattle & hay operation
3 stock tanks
Updated 992 sq. ft. cabin
600' deep water well
Equipment shed & barn
1,800' frontage on CR 4645
Easily subdividable.
Near Lake Fork, Lake Quitman & Lake Winnsboro
Listed By
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2026 | Listed by Nolan Properties LLC | $945,000 | |
| Listed by Nolan Properties LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017