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$499,800

NAL Estimated Property Value

12707 Fm 1650, Gilmer, TX, 75645

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,077 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.58 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Water Heater

Exterior

Lot Size1.91 acres

Building Information

Year Built2014
Stories1
Roof Type109
Garage Spaces3

Land Information

APN0368019000-005-06-02
SubdivisionSimpson W P Sur
Land UseResidential
Legal DescriptionAB 190 W P SIMPSON SUR TR 5-06
Census Tract010100
Assessed Land Value$108,960
Assessed Improvement Value$390,840
Assessment Year2025

About this property

SELLER MOTIVATED!! Welcome to this beautiful 4/2 home in Gilmer, Texas. This house is situated on a spacious 1.91 acre lot and boasts an impressive 2077 square feet of living space. Stepping inside, you are greeted with an open living space. The combined kitchen and bar area features a cozy fireplace with lots of natural light. Retreat to the primary suite that offers a walk-in shower, big soaking tub, and huge walk-in closet. The other bedrooms are generously sized with large closets. The fourth bedroom would be perfect for a home office or nursery. The oversized laundry room has a sink and extra cabinet space. Outside you will find the fenced backyard and covered patio has plenty of room for entertaining guests. This home also comes with a 880 sq ft guest house. The space could be used as an extra office, game room, man cave, etc. It has a full bathroom, carport, and heating/cooling. Located only minutes from Longview and still in Longview ISD. Call today to schedule a showing and make this house your new home!!!

Investor Tools

Property Icon
$499,800
Estimated Property Value
$365,632Estimated Mortgage Balance
$134,168Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,317
$499,800
2025
$108,960
$390,840
$499,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,317
$499,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sage Home Loans Corp
Conventional
$370,500
No
First
Aug 18, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,632
$134,168
26%
73%
$2,222/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$2,222/mo
$-632/mo
3.8%

City: Gilmer