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Wood 75783
541 County Road 1227
$270,110
● House - Off Market

541 County Road 1227

Quitman, TX 75783
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,097 Ft²
$267,783
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

WATERFRONT, private launch, dock w 2 boat lift, water views and over half acre of SKY IS THE LIMIT usage for this one of a kind property. LARGE bdr, and 2 full baths and laundry down w large 2nd bdr and sleeping loft up. Weekend recreational get away, investment property or call it home.  ALL OFFERS CONSIDERED on this as is listing.
Unit Size
1,097 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$236
Property Type
House
Property Taxes
$145
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: 3 years ago (NTREIS #20103887)

Price History

Date / Event Date Event Price
Aug 10, 2022 Sold
Premium
Sold
Jul 2, 2022 Listed by Keller Williams Realty $259,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 17
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 398
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Lot Size Depth Feet: 2,210
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 1,097
  • Gross Building Area: 3,367
  • Building Area: 1,097
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,097
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARADISE SHORES
  • Land Acres: 0000000510
  • Standard Land Use Code: 1000
  • County Land Use Code: A
  • Legal Description 1: LOT 3 .51 PARADISE SHORES (CALDERON SURVEY A-98 ALSO)

Neighborhood

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

Geography

  • Account Number: 2100-0001-0030-45
  • Parcel: 34359
  • Lot: 3
  • Municipality: QUITMAN
  • Latitude: 32.8535
  • Longitude: -95.5165

    Address

  • Full Address: 541 County Road 1227
  • Address - House Number: 541
  • Address - Street Name: County Road 1227
  • State: TX
  • City Name: Quitman
  • Carrier Code: R095
  • 4-Digit Zip Code: 3337
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $72,829
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.4344
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 13
  • Final Value: 142,646
  • High Value: 204,615
  • Low Value: 80,676

    Market Valuation

  • Market Total Value: $258,530
  • Market Land Value: $76,640
  • Market Improvement Value: $181,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,530
  • Assessed Land Value: $76,640
  • Assessed Improvements Value: $181,890

    Sales

  • Current Sale Contract Date: Sep 06, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10018
  • Previous Sale Recording Date: Sep 02, 2022
  • Previous Sale Contract Date: Aug 10, 2022
  • Previous Sale Amount: $204,966
  • 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

2045 ft²

Average Home Age

-

Currently For Sale

276 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 183 Shawnee, Quitman, TX, 75783

$1,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,216 ft²
183 Shawnee, Quitman, TX, 75783 Listing by Jennifer Martinez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Russ Kidwell, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20103887
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 541 County Rd 1227 built and last sold?
The property at 541 County Rd 1227 was built in and last sold on Sep 6, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 541 County Rd 1227 is $261,590.
What are some comparable homes to 541 County Rd 1227?
There are currently no comparable homes to 541 County Rd 1227.
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