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$1,500,000 -$450,000 (-23.08%) Price Reduced

  • For Sale
  • Active
  • Business
  • 2,400 Sq. Ft.
  • 3.71 Acres
  • Updated 2 days ago
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Here's your chance to own a truly one-of-a-kind property on the world-famous Lake Fork in East Texas! This incredible offering includes both a 2,500 sq. ft. commercial washateria and a custom 3,800 sq. ft. waterfront home-perfect for business, pleasure, or both! The commercial washateria is fully equipped and ready for operation. The property features two large metal carports and a metal shop with living quarters complete with a full kitchen-ideal for guests or extra storage for your lake toys. Behind the washateria sits a stunning custom-built 2-bedroom, 2-bath home designed for comfort and entertaining. With spacious living areas, modern finishes, and breathtaking waterfront views, this home is the perfect retreat after a day on the lake. Enjoy direct lake access from your own private boathouse, making fishing or sunset cruises a breeze. Conveniently located near shopping, dining, and major East Texas cities and the DFW area, this property offers both investment potential and relaxed lakeside living. Don't miss this rare opportunity-schedule your private showing today and see all that this unique Lake Fork property has to offer!

Full Property Details for 3016 W State Hwy 154

General

  • Price: $1,500,000
  • Taxes: $15,980
  • Status: Active
  • Type: Business
  • Source: NTREIS
  • MLS ID: 21085247
  • Updated: 3/7/2026
  • Added to Site: 147 day(s) ago

Business

  • Name: Lake Fork Washateria
  • Business Type: Commercial, Mixed, Other, Residential, Laundromat

Interior

  • Flooring: Concrete

Parking

  • Parking Features: Common

Location

  • County: Wood
  • Subdivision: NA
  • Driving Directions: At Hwy 515 and 154 travel on 154 towards Quitman. Property will be on the left hand side past the bridge. House sits behind the Washateria. SIY

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Aerobic Septic
  • Utility Description: Septic Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Metal Siding
  • Roof: Metal
  • Stories/Levels: 1
  • Square Feet: 2,400
  • Sq. Ft. Source: Public Records
  • Year Built: 2014

Lot Features

  • Property View: Water
  • Lot Size (Acres): 3.71
  • Lot Size (Sq. Ft.): 161,607.6
  • Lot Size Source: Public Records
  • Frontage: County Road
  • Lot Features: Acreage, Cleared, Sprinkler System, Waterfront
  • Zoning: No zoning

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Fork
  • Water Front Desc.: Boat Dock/Slip, Lake Front, Waterfront
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $15,980
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: ABS 0379; MCMAHAN I; TRACT 4; 2.236 ACRES
  • Inclusions: Business, Furniture, Inventory, Other
  • Property ID: R17392

Listed by Signature Properties, LLC, Paul Tibbets

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Listing agent

— 3016 W State Hwy 154 —

  • Paul Tibbets

    Signature Properties, LLC

903-383-3530

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3016 W State Hwy 154

School District:Quitman Independent School District
NameGradesDistance
Quitman Elementary School
902 East Goode Street, Quitman, TX 75783
PK-56.3 mi
Quitman J High School
1101 East Goode Street, Quitman, TX 75783
6-86.6 mi
Quitman High School
1101 East Goode Street, Quitman, TX 75783
9-126.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3016 W State Hwy 154 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/07/2026
Price Reduced
$1,500,000
-23.08%
MLS
11/05/2025
Price Reduced
$1,950,000
-42.65%
MLS
10/13/2025
Listed
$3,400,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3016 W State Hwy 154

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,595
48%
$1,220,015
12%
2022
$7,846
—
$1,086,440
95%
2022
$7,846
30%
$558,030
58%
2021
$6,047
—
$352,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Signature Properties, LLC, Paul Tibbets

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3016 W State Highway 154, Quitman, TX 75783 (MLS# 21085247) is a Business property. 3016 W State Highway 154 is currently listed for $1,500,000 and was received on October 13, 2025. Want to learn more about 3016 W State Highway 154? Do you have questions about finding other Business real estate for sale in Quitman? You can browse all Quitman real estate or contact a Coldwell Banker agent to request more information.

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