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$136,000

107 W Redbud St, Gilmer, TX, 75644

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,025 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.1 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Range, Microwave

Exterior

Lot Size11,678 sqft

Building Information

Garage Spaces1

Land Information

APN4905
Land UseResidential
Legal DescriptionLOT A, ELMWOOD ADDN S165 (A200) .2681 ACRES & HOUSE
Census Tract950400
Assessed Land Value$22,890
Assessed Improvement Value$96,800
Assessment Year2025

About this property

GREAT opportunity to own a piece of Gilmer TX. If you are looking for the perfect location in Gilmer Tx, this is the home for you. The area is being brought to life with new builds in the neighborhood. 107 Redbud is located in walking distance of Walmart and popular restaurants and nestled on a super large lot of 11,000 square foot, that's a little over a quarter of an acre which would allow for additions and spacious exterior entertainment. This cozy home comes equipped with the cutest kitchen with granite countertop, new paint, new flooring and a separate attached storage. It has updated central air and heat for those Texas summers and chilly winter days! Coming soon so your schedule ready to check it out!

Investor Tools

Property Icon
$136,000
Estimated Property Value
$136,482Estimated Mortgage Balance
$507Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$837 /month
Positive
Cash Flow Estimate:
$279 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,331
$119,690
2025
$22,890
$96,800
$119,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,331
$119,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Consumer Real Estate Finance Co
Fha
$136,482
Yes
First
Dec 10, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,493
$507
0%
100%
$819/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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107 W Redbud St | Property Details | No Agent List