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$156,000

NAL Estimated Property Value

1007 N Montgomery St, Gilmer, TX, 75644

Off MarketInfo
Beds2 Beds
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.6 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesGas Water Heater

Exterior

Lot Size11,252 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN3246
Lot Number2
Land UseResidential
Legal DescriptionLOT 1A,2, BLK 12 MITCHELL ADDN S253 (A200) .2583 ACRES & HOUSE
Census Tract950400
Assessed Land Value$22,610
Assessed Improvement Value$133,270
Assessment Year2025

About this property

Fall in love with this 2 bedroom, 1 bath home in the heart of historic Gilmer. An open concept updated and move in ready. The kitchen has granite countertops and a gas stove. You will enjoy the screen porch or the open deck in the back yard. Call today!

Investor Tools

Property Icon
$156,000
Estimated Property Value
$152,588Estimated Mortgage Balance
$3,412Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$948 /month
Positive
Cash Flow Estimate:
$316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,410
$155,880
2025
$22,610
$133,270
$155,880
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,410
$155,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Stand Alone Second / Subordinate Position
$5,422
No
First
Aug 19, 2024
Sep 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,588
$3,412
2%
98%
$945/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gilmer

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1007 N Montgomery St | Property Details | No Agent List