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Wood 75783
977 County Road 2140
$265,000
● House - Off Market

977 County Road 2140

Quitman, TX 75783
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,798 Ft²
$1,674
Est. Monthly
4.20%
Cap Rate

About This Property

.85 Acre on a small lake full of fish, Your own private fishing dock, beautiful views off your enclosed back porch or sit on the deck.  Home is spacious with a large living room with a brick fireplace for those cool winter nights.  The kitchen is open with a view of the living and dining area.  The garage is extra long so you can park a boat.
Unit Size
1,798 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$167
Property Type
House
Property Taxes
$201
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: 2 years ago (NTREIS #20713153)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Sep 18, 2024 In contract -
In contract
Sep 6, 2024 Listed by TDT Realtors $299,900
Listed by TDT Realtors

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • 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: 600
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,201
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,798
  • Gross Building Area: 3,209
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEAR LAKES
  • Land Acres: 0000000487
  • Standard Land Use Code: 1000
  • County Land Use Code: A
  • Legal Description 1: LOT 429 PT, LT 430 BLK 5 .4867 CLEAR LAKES, ZONE 1

Neighborhood

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

Geography

  • Account Number: 1160-0005-0429-45
  • Parcel: 26345
  • Block: 5
  • Lot: 429,430
  • Municipality: QUITMAN
  • Latitude: 32.7759
  • Longitude: -95.4459

    Address

  • Full Address: 977 County Road 2140
  • Address - House Number: 977
  • Address - Street Name: County Road 2140
  • State: TX
  • City Name: Quitman
  • Carrier Code: R093
  • 4-Digit Zip Code: 6129
  • Zip Code: 75783

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $245,534
  • Tax Rate Code Area: GWD HXX SQ

    Appraisal Valuation

  • Standard Deviation: 0.4344
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 13
  • Final Value: 142,138
  • High Value: 203,886
  • Low Value: 80,389

    Market Valuation

  • Market Total Value: $173,620
  • Market Land Value: $21,200
  • Market Improvement Value: $152,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,620
  • Assessed Land Value: $21,200
  • Assessed Improvements Value: $152,420
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:

$299,900

Sale Price/ft²

$177

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2054 ft²

Average Home Age

-

Currently For Sale

277 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: Elizabeth Deane, TDT Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20713153
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 977 County Rd 2140 built and last sold?
The property at 977 County Rd 2140 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 977 County Rd 2140 is $0.
What are some comparable homes to 977 County Rd 2140?
There are currently no comparable homes to 977 County Rd 2140.
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