32Days on Market

1view

$310,000

$335,000

1129 Holly Rd, Gilmer, TX, 75644

On Market

Price Drop

2 Beds

2 Bath

1,288 Sq Ft

Single Family Residence

$240.68 / sqft

Built in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms 2

AppliancesDishwasher

FlooringVinyl

Exterior

Exterior FeaturesStorage

Lot Size20.79 acres

Building Information

Year Built2022

Garage Spaces4

Land Information

APN65074402

Land UseResidential

Legal DescriptionABS A296 MITCHELL, A T,TRACT 52-2, 20.7882 ACRES & HOUSE

Census Tract950302

Assessment Year2025

About this property

4.782 Acre East Texas Tract with Home, Shop located in Gladewater ISD, Upshur County Welcome to this exceptional 4.782 acre East Texas parcel located in Upshur County and within Gladewater ISD, offering the perfect blend of country living, functionality, and future opportunity. Built in 2022, the 1,288 square foot home features 2 bedrooms and 2 bathrooms with a thoughtfully designed layout that includes spacious bedrooms and an open living, kitchen, and dining area—ideal for comfortable everyday living or a weekend retreat. A standout feature of the property is the impressive 2,400 square foot, 4-bay garage & shop, ready to be finished out to suit your needs—whether for additional living space, workshop, storage, or business use. The land offers improved pasture with a mix of scattered trees, making it a homesteader's dream. Don’t miss this rare opportunity to own a versatile property with modern improvements and room to grow.

Investor Tools

$348,821

Estimated Property Value

$323,000Estimated Mortgage Balance

$44,641Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,093 /month

Positive

Cash Flow Estimate:

$698 /month

Interested in this property?

Scott Nolan

Nolan Properties LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$249/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,239

$348,821

2025

N/A

$374,320

No

Tax History

Year

Tax Paid

Assessed Value

2025

$1,239

$348,821

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Conventional

$323,000

No

First

May 31, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$305,231

$428,769

58%

88%

$1,937/mo

Learn About the Market: Opportunity in Texas

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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.

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