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$253,000

1508 Woodway, Gilmer, TX, 75644

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,434 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.75 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Electric Water Heater
FlooringVinyl

Exterior

Lot Size13,525 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN2679
Lot Number14
Land UseResidential
Legal DescriptionLOT 14, BLK 5 WESTPARK ADDN S372 (A200) .3105 ACRES & HOUSE
Census Tract950400
Assessed Land Value$24,210
Assessed Improvement Value$133,410
Assessment Year2025

About this property

Beautiful recent build in the heart of Gilmer! Built in 2025, this home gives you the best of both worlds… modern construction in an established neighborhood just minutes from the high school. Whether you’ve got kids, a busy schedule, or just love convenience, this location makes everyday life easier. Inside, you’ll find just under 1,500 sq ft with 3 bedrooms, 2 bathrooms, and a layout that truly works. The kitchen is a standout with a large bar area… perfect for morning coffee, casual meals, or hosting friends and family. It opens up nicely to the living space, giving that light, airy feel everyone is looking for. You’ll also love the spacious backyard… plenty of room for kids, pets, entertaining, or even adding your own personal touch. With quality finishes, durable flooring, and a well-built feel throughout, this home offers comfort, functionality, and style. And for a newer build in this location, you’re getting incredible value for the price. If you’ve been waiting for something that checks the boxes without overpaying… this one is definitely worth a look.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$0Estimated Mortgage Balance
$79,442Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,529 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,069
$157,620
2025
$24,210
$133,410
$157,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,069
$157,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$176,400
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,558
$79,442
31%
69%
$1,058/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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1508 Woodway | Property Details | No Agent List