Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    163 Whitedove Dr Quitman, TX 75783

    Sponsored
    For Sale
    Contact for pricing

    Unimproved Land - Quitman, TX

    Type:Unimproved Land
    Lot size:
    0.17 Acres
    Days on Market:
    96
    Last Refresh:
    Jan 25 at 1:06 pm

    Property Features for 163 Whitedove Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R72659
    Exterior features
    Private Yard, Fence
    Fencing
    Fenced
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Expense value
    52
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    None (Heating)
    Water front features
    Lake Front, Lake Front - Common Area, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brannon Alvarez

    Real Broker LLC (214) 202-7615

    Listing agent Brannon Alvarez (855) 450-0442 License #0747033

    Listing date Oct 22, 2025

    MLS# 21014166 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Unimproved Lot in Gated Community

    This unimproved 50’ x 150’ lot is located within the gated community of Holiday Villages of Fork. An existing electrical pole is in place, and the property is approved for full-time RV living, as well as short- and long-term rentals. Modular or mobile homes are permitted with restrictions—homes must be less than five years old and at least 750 square feet. Community amenities include fishing piers, boat ramps, a clubhouse, a saltwater pool, playgrounds, and picnic areas, as well as various activities like potlucks, bingo, karaoke, and paint classes. The property is located in Quitman, Texas, with a mandatory $52 monthly HOA fee, with added costs for use of the well water filtration and sewer facility ($65 each per month + usage). This property offers potential for a full-time residence, a weekend getaway, or an investment property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Quitman
    County
    Wood
    State
    Texas
    Longitude
    -95.50867992
    Latitude
    32.84141921

    Nearby Similar for Sale

    • $924,900
      7,377 SF

      Downtown Quitman Commercial Property

      Prime commercial property in downtown Quitman with multiple office units.
      105 State Highway 154, Quitman, TX 75783
      View Details
    • $685,000
      2,987 SF

      Quitman Ranch with Acreage

      Charming ranch-style home on 26+ acres near downtown Quitman.
      1860 Fm 2088, Quitman, TX 75783
      View Details
    • $395,000
      1,404 SF

      Texas Ranch Ready Property

      Well-maintained ranch on nearly 14 acres, move-in ready.
      2685 N State Highway 37, Quitman, TX 75783
      View Details
    • $1,950,000
      3.71 Acres

      Lake Fork Washateria and Home

      Unique Lake Fork property with commercial washateria and waterfront home.
      3016 W State Highway 154, Quitman, TX 75783
      View Details
    • $759,999
      3,288 SF

      Custom Log Home on Acreage

      Unique log home on 17 acres near Lake Fork.
      575 County Road 1214, Quitman, TX 75783
      View Details
    • $1,249,000
      1,919 SF

      Quitman Farm/Ranch with Multiple Homes

      30-acre property featuring three homes near Lake Fork and Quitman.
      623 County Road 1260, Quitman, TX 75783
      View Details
    • $274,900
      0.66 Acres

      Versatile Commercial Building in Quitman

      Highly visible commercial building in the heart of Quitman, Texas.
      402 W Bermuda St, Quitman, TX 75783
      View Details
    • $274,900
      5,897 SF

      Versatile Commercial Building in Quitman, TX

      Highly visible commercial building in the heart of Quitman, Texas.
      402 W Bermuda St, Quitman, TX 75783
      View Details
    • $420,000
      14.86 Acres

      RV Park Investment Opportunity

      Established RV park near Lake Fork with expansion potential.
      2586 W Tx-154, Quitman, TX 75783
      View Details
    • $685,130
      0.08 Acres

      Downtown Quitman Retail Opportunity

      5230 sq ft building in the heart of Downtown Quitman.
      105 S Main St, Quitman, TX 75783
      View Details
    • $685,130
      5,230 SF

      Downtown Quitman Commercial Property

      5230 sq ft commercial building in the heart of Quitman.
      105 S Main St, Quitman, TX 75783
      View Details
    • $255,000
      0.04 Acres

      Remodeled Office Building in Quitman

      Remodeled office building with flexible space in the heart of Quitman.
      113 E Goode St, Quitman, TX 75783
      View Details

    FAQs

    What type of property is this?
    Land - 50’ x 150’ lot in Holiday Villages of Fork.
    Where is this land located?
    The property is located at 163 Whitedove Dr Quitman, TX.
    What is the asking price?
    The asking price for this property is $14,900.
    What are key features of this property?
    This property features: - Located in Holiday Villages of Fork, a gated lake community with amenities.; - Approved for full-time RV living, short-term, and long-term rentals.; - Existing electrical pole on the property.
    (855) 450-0442
    Request Owner's contact information
    163 Whitedove Dr Quitman, TX 75783
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    163 Whitedove Dr
    Quitman, TX 75783
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    163 Whitedove Dr Quitman, TX 75783
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brannon Alvarez
    Real Estate License ID: 0747033
    (855) 450-0442
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.