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A+
NoAgentList RatingHow are grades calculated? Info

$287,000

1069 Lilac Lane, Gilmer, TX, 75645

$373,100 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,919 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.86 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Vinyl

Exterior

Lot Size2 acres

Building Information

Year Built1996

Land Information

APN74910
Land UseResidential
Legal DescriptionABS A121 DUNN, JAMES M,TRACT 31-1, 2.0 ACRES & HOUSE
Census Tract950102
Assessed Land Value$69,250
Assessed Improvement Value$179,390
Assessment Year2025

About this property

Charming Country Brick Home on 2 Acres – Just Minutes from New Diana Schools! Welcome to this desirable 3-bedroom, 2-bath ranch-style home situated on a peaceful 2-acre lot just a few miles from the New Diana School campus. This property combines country charm with modern updates and plenty of room to grow. Inside, you’ll find a spacious living room with vaulted ceilings, an inviting eat-in kitchen, and updates throughout—including new vinyl flooring, granite countertops in the master bath, and a fresh coat of paint. Step outside to enjoy the shaded, fenced backyard—perfect for pets or gatherings—and a large portable storage building for all your extras. The home also features a new aerobic septic system installed within the past year. A cleared area on the property offers potential for an additional building site, making this a versatile investment—whether you’re searching for your forever home, a rental opportunity, or the perfect starter home.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$0Estimated Mortgage Balance
$287,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$373,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,737 /month
Positive
Cash Flow Estimate:
$579 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,726
$248,640
2025
$69,250
$179,390
$248,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,726
$248,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$287,000
100%
0%
$0/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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1069 Lilac Lane | Property Details | No Agent List