Add Listing
    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

    Tbd Sioux Quitman, TX 75783

    View on Map
    Claim this Listing
    For Sale
    $34,500

    Unimproved Land - Quitman, TX

    Type:Unimproved Land
    Lot size:
    0.26 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    39
    Last Refresh:
    Apr 19 at 1:06 pm

    Property Features for Tbd Sioux

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R73129
    Lot size
    0.26 Acres

    Taxes and HOA fees

    Expense value
    50
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Maria Leon
    Maria Leon

    Listing agent Maria Leon License #0765671

    Listing office Monument Realty 3620 Star Blvd. Suite 1205, Frisco, TX

    Listing date Mar 12, 2026

    MLS# 21114926 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.

    Overview

    Quitman Land Near Lake Fork

    This property features two adjoining lots, identified as lots 163 and 164, situated in a gated, resort-style community near Lake Fork. The combined lots offer the flexibility to construct two homes, reside on one and lease the other, or develop a spacious single homesite. Each lot has its own tax ID. The lots, each approximately 50' x 110', are suitable for manufactured and mobile homes. Essential utilities including water, electricity, and sewer are accessible, and fiber internet has been recently added, with installation to be arranged by the buyer. This location is suitable for full-time residence, weekend retreats, or short-term rentals. Community amenities include two boat ramps, a fishing pier, a clubhouse with dining facilities, a saltwater pool, a playground, a basketball court, and a secure gated entry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Quitman
    County
    Wood
    State
    Texas
    Longitude
    -95.4046
    Latitude
    32.7982

    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
    • $579,999
      3,077 SF

      East Texas Farmhouse with Acreage

      East Texas farmhouse on 21+ acres near Lake Fork.
      352 County Road 3120, Quitman, TX 75783
      View Details
    • $248,000

      Remodeled Office Building in Quitman

      Remodeled office building suitable for retail, medical, or professional use.
      113 E Goode Street, Quitman, TX 75783
      View Details
    • $225,000

      Boat Storage Near Lake Fork

      20 storage units, containers, and carport near Lake Fork.
      Tbd W STATE HWY 154, Quitman, TX 75783
      View Details
    • $635,000
      2,987 SF

      Ranch Home on 26 Acres

      Charming ranch home on 26 acres near downtown Quitman.
      1860 FM 2088, Quitman, TX 75783
      View Details
    • $759,999
      3,288 SF

      Lake Fork Ranch with Custom Home

      Custom log home on 17 acres near Lake Fork.
      575 County Road 1214, Quitman, TX 75783
      View Details
    • $330,000

      22+ Acre Tract in Quitman

      Versatile land with utilities, pond, and structures near Winnsboro.
      3842 N State Highway 37, Quitman, TX 75783
      View Details
    • $180,000

      Land with RV Port and Building

      0.258-acre lot with RV port, building, and community amenities.
      615 Waterfront Row, Quitman, TX 75783
      View Details
    • $500,000

      Prime Commercial Land Near Lake

      4.63-acre commercial parcel with high visibility and development potential.
      Tbd W ST HWY 154, Quitman, TX 75783
      View Details
    • $200,000
      798 SF

      Furnished Short-Term Rental Investment

      Fully furnished tiny homes with existing bookings near Lake Fork.
      275 And 281 Indian Gap, Quitman, TX 75783
      View Details
    • $99,900

      Charming Commercial Building in Quitman

      Updated commercial building with display windows in thriving community.
      207 E Goode st, Quitman, TX 75783
      View Details
    • $99,900

      Charming Commercial Building in Quitman

      Updated commercial building with display windows in thriving community.
      207 Goode Street, Quitman, TX 75783
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two adjoining lots near Lake Fork with community amenities.
    Where is this residential land & home lot located?
    The property is located at Tbd Sioux Quitman, TX.
    What is the asking price?
    The asking price for this property is $34,500.
    What are key features of this property?
    This property features: Double Lot: Opportunity to build two homes or create a spacious single homesite.; Gated, Resort‑Style Community: Offers security and various amenities.; Near Lake Fork: Provides convenient access to a popular lake destination.
    (214) 705-7827
    We can help!
    Listing Contact
    Maria Leon
    Maria Leon
    Real Estate License ID: 0765671
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!