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$299,900

1821 Azalea Street, Gilmer, TX, 75644

$344,817 ARVInfo
PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,757 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.78 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Range

Exterior

Private PoolPrivate Pool
Lot Size34,182 sqft

Building Information

Year Built1976
Garage Spaces2

Land Information

APN2649
Lot Number15
Land UseResidential
Legal DescriptionLOT 15 & PT OF 16, BLK 4 PATTERSON ADDN 5TH ADDN S304 (A200,A202) .7847 ACRES & HOUSE
Census Tract950400
Assessed Land Value$24,610
Assessed Improvement Value$373,350
Assessment Year2025

About this property

Beautifully updated ranch style home in a well established neighborhood within Gilmer Independent School District, now refreshed with new spring landscaping and ready for its next owner. Situated on over 0.75 acres, this 4 bedroom, 2.5 bath home with a 2 car garage offers space, functionality, and modern upgrades throughout. The open concept layout features fresh interior paint, updated flooring, and granite countertops throughout. The spacious living area is filled with natural light and anchored by a wood burning fireplace, creating a warm and inviting atmosphere for both everyday living and entertaining. The kitchen is designed with both function and gathering in mind, offering stainless steel appliances, rich wood cabinetry, abundant storage, and a large center island with bar seating for casual dining. All four bedrooms are generously sized and thoughtfully positioned on one side of the home for added privacy. The primary suite features French doors leading directly to the back deck and hot tub, creating a seamless indoor outdoor connection. The recently remodeled ensuite bath includes tile flooring, granite countertops, and a tiled walk in shower, with glass doors to be installed soon. Guest bathrooms feature coordinating granite countertops and tile finishes for a cohesive design. Additional interior highlights include a dedicated office nook off the kitchen and a bright enclosed sunroom overlooking the backyard, ideal for a reading space, hobby room, or flexible use. The backyard is designed for both relaxation and entertaining, featuring a large wooden deck, above ground pool, hot tub, and multiple storage buildings for tools, equipment, or seasonal storage. This move in ready East Texas home offers a functional layout, updated finishes, and refreshed curb appeal in a convenient Gilmer location.

Investor Tools

$242,888Estimated Mortgage Balance
$155,072Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$344,816
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,038
$397,960
2025
$24,610
$373,350
$397,960
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$6,038
$397,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Credit Line (Revolving) / Heloc
$248,000
No
First
Apr 17, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,888
$155,072
38%
61%
$1,487/mo

City: Gilmer

1821 Azalea Street | Property Details | No Agent List