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$234,999

1141 Todd Rd, Gilmer, TX, 75645

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,820 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$129.12 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size4.85 acres

Building Information

Year Built1983
Garage Spaces2

Land Information

APN70023
Lot Number31
Land UseResidential
Legal DescriptionLOT 31 PT, MORGAN'S MOUNTAIN S388 (A37, A72, A169) 4.85 ACRES (+ .24 AC IN RD) & M/HOME HUD# HWC0066977
Census Tract950501
Assessed Land Value$70,770
Assessed Improvement Value$55,330
Assessment Year2025

About this property

Vintage charm meets East Texas country living! If you’ve been waiting for a property with more personality—& a lot more room to spread out—this one deserves a look. Sitting on 4.85 acres in Union Grove ISD, this one-owner, well-maintained 4-bedroom, 2-bath manufactured home offers approximately 1,820sf of comfortable living space, with the 4th bedroom flexibility to create whatever fits your lifestyle. Need a home office, craft room, man cave, playroom, or guest space? You decide. The laundry room also offers additional flex space for whatever suits your needs. Ceiling fans in every room add to the comfort throughout the home. And yes, it comes furnished, making the transition even easier. The home features a new composite roof on both the house & garage, along with a new HVAC system with ample capacity to serve the entire home. With county road frontage, utilities already in place, two electric meters, & no known restrictions, there’s room here to make the property your own. Outside is where property really shines. Enjoy a large front yard shaded by mature oak trees, a spacious front deck, & a large covered back porch, all offering plenty of room to relax, entertain, or simply enjoy the peaceful country setting. There’s also plenty of room to enjoy the country lifestyle with animals, gardening, recreation, or simply having space to roam. The property also includes a detached 2-car garage, along with additional storage & outbuilding spaces, including two covered parking areas & another building with the potential to become a workshop or hobby space. The additional buildings could use some updating, but they offer plenty of opportunity for storage, workspace, & all those projects you’ve been waiting to have room for. Located in a peaceful East Texas country setting while still being convenient to the surrounding communities, this is a property that offers space, character, & plenty of possibilities. Come for the vintage charm. Stay for the acreage & possibilities.

Investor Tools

$6,487Estimated Mortgage Balance
$401,513Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

Interested in this property?

Aimee Brady

Lake Homes Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$165
$126,100
2025
$70,770
$55,330
$126,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$165
$126,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Unknown
$15,000
No
First
Aug 10, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,487
$401,513
98%
2%
$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.

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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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1141 Todd Rd | Property Details | No Agent List