$250,000
( $2.65Per Sq Foot )
 $1,419 est/mo Sourced by Back At You

175 Goldsmith Street Lot 1,Quitman, TX 75783

Quitman, TX 75783

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Description

Commercial development opportunity on approximately 8.77 acres at 175 Goldsmith Street in Quitman, TX. Located in the Central Business District of the Wood County seat, this level East Texas site offers visibility from TX-154 near Brookshire's, the county courthouse, government offices and UT Health Quitman. Lake Fork is approximately 4.5 miles away, and Wood County Airport is approximately 5.5 miles away. Purchase the entire property or subdivide and purchase individual parcels, subject to final platting and approvals. The conceptual plan identifies Lot 1 Lot 1 (2.45 acres) for hotel development, Lot 2 Lot 2 (6.32 acres) for multifamily apartments. The property remains unplatted to allow flexibility in parcel configuration, amenities and site design. Executed Chapter 380 economic incentive agreements provide incentives for qualifying hotel and multifamily projects. The hotel package includes per-room cash incentives, hotel occupancy tax rebates and city ad valorem tax rebates. The multifamily package includes per-unit cash incentives and city ad valorem tax rebates. Incentives are subject to agreement terms, performance requirements and verification of transferability; cash incentives are payable upon Certificate of Occupancy. City utilities are available at the curb, with access from TX-154 and Horton Street. Explore hotel, apartment and storage development potential near Lake Fork recreation, local employers and downtown services. Buyer to verify acreage, utilities, access, zoning, permitted uses, subdivision requirements and incentive eligibility.

Details

MLS #26013507
Listing TypeFor Sale
StyleLand
Sub-TypeResale
StatusActive
Days On Site30
Listing Provided ByKeller Williams Realty-Tyler | Ryan Major

Features

SQ Feet94,275
Acreage2.16

Exterior

Lot FeaturesInside City Limits
TopographyLevel

Parking

Parking FeaturesOn Street

Utilities

UtilitiesWater Available, Natural Gas Available
SewerSewer Available
ElectricNone
Water SourceQuitman Water Department
Power CompanyWood County Electric Coop
Gas CompanyAtmos Energy

Taxes

Tax Annual Amount117.84
Tax Legal DescriptionLOT 1 PT BLK 52 2.16 QUITMAN TOWNSITES
Tax Year2026
Tax Value Exempted Yes / NoYes

Area Information

StateTX
CountyWood
CityQuitman
Zip Code75783
AreaWood
Listing VS Median (in 75783)
Price:
$250,000
low | high
Med:
$249,500
50.2% of Average
sqft:
94,275
low | high
Med:
1,468
100% of Average
$ / sqft:
$3
low | high
Med:
$190
100% of Average
On site:
30
low | high
Med:
112.5
26.666666666667% of Average
Sourced by Back At You

Market Activity 75783

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Learn More About This Property

StateTX
CountyWood
CityQuitman
Zip Code75783
AreaWood
Listing VS Median (in 75783)
Price:
$250,000
low | high
Med:
$249,500
50.2% of Average
sqft:
94,275
low | high
Med:
1,468
100% of Average
$ / sqft:
$3
low | high
Med:
$190
100% of Average
On site:
30
low | high
Med:
112.5
26.666666666667% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 9:06:20 AM PDT