Last 24 Hours
$119,900
1007 N Montgomery St, Gilmer, TX, 75644
$146,342 ARV
Pending
2 Beds
1 Bath
1,140 Sq Ft
$105.18 / sqft
Built in 1950Property Lead Type:
BankruptcyPre-ForeclosureDeal ListAbsentee Owner
Highlights
Interior
Bedrooms 2
Bathrooms Half 1AppliancesGas 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
Discover the possibilities at 1007 N Montgomery Street in Gilmer! This 2-bedroom, 1-bath home offers approximately 1,140 square feet of living space on a generously sized 0.26-acre lot. The outdoor space provides room for gardening, entertaining, or creating your own backyard retreat. Whether you’re looking for a personal residence or exploring an investment opportunity, this property offers the potential to bring your vision to life.
Investor Tools
$152,588Estimated Mortgage Balance
$4,517Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$146,342
Rent-to-Value Ratio: 0.72%
Rent Estimate
$935 /month
Positive
Cash Flow Estimate:
$312 /month
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
12.4%