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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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2784 W Highway 154 , Quitman, TX 75783
$650,000
Est. Payment: $3,597.89/mo
3948 Sqft
0.9 Acres
Status: active | Days on site: 1
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House Description

Welcome to Reel Inn & Lodge, a well-established Lake Fork-area lodging property offering a rare combination of location, income potential and lifestyle appeal. Conveniently located near Lake Fork, popular marinas, restaurants and some of East Texas’ best fishing, this unique property is ready for its next owner to continue its success and unlock even more potential. The lodge features 8 fully updated guest rooms with a fresh boutique feel, Roku TVs with streaming capabilities, Wi-Fi and newer nostalgic-style appliances. Thoughtful updates and attention to detail create a comfortable, inviting experience for guests. The spacious owner’s suite offers an exciting opportunity to expand the business and could potentially be converted into 2 or 3 additional guest rooms. A detached 2-bedroom, 1-bath home provides even more flexibility and could serve as an owner’s residence, manager’s quarters or additional rental. The property also includes 4 RV spots, a detached 2-car garage, storage shed, covered entertaining area and a large open deck, along with ample parking for trucks, boats and RVs. Designed with the Lake Fork lifestyle in mind, Reel Inn & Lodge is an ideal destination for anglers, families, fishing groups, weekend travelers, work groups and retreats. Guests enjoy easy access to Lake Fork and Lake Quitman, local restaurants, coffee shops, shopping, Canton Trade Days and nearby East Texas communities. Whether you're looking for an established hospitality business, an investment property with expansion potential or a place to create your own Lake Fork destination, Reel Inn & Lodge offers multiple possibilities. With updated accommodations, additional residential space, RV facilities and room to grow, this is an opportunity to own and build upon an established lodging operation in one of East Texas’ most desirable recreational areas.

Highlights

Listed by Kristine Samples , Lone Star Realty - Lake Fork , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.9

Year Built

1991

County

Wood

Neighborhood

Na

Listing ID

21407003

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Interior Features

Air Cond:Ceiling Fan(s),Central Air,Electric,Wall Unit(s)
Fireplaces:
Floor:Laminate,Linoleum,Luxury Vinyl Plank

Exterior Features

Lot:.5 to < 1 Acre
Zoning:NA
Roof:Metal
Others:
  • ▪ Additional:Preowned
Parking Features:Additional Parking,Boat,Garage,Gravel,On Site,Oversized,RV Access/Parking
Principal Interest
$3,598
Taxes
$414

Home Price

$650,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,597.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,597.89 $414.38 $0.00 $4,012.27
Yearly $43,174.71 $4,972.50 $0.00 $48,147.21
Total $1,295,241.17 $149,175.00 $0.00 $1,444,416.17

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Quitman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T14:09:27.167Z

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