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$258,000

NAL Estimated Property Value

2016 E State Highway 154 E, Gilmer, TX, 75645

$335,400 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.41 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesOther
FlooringCarpet, Vinyl

Exterior

Lot Size2.54 acres

Building Information

Garage Spaces2

Land Information

APN4724
Land UseResidential
Legal DescriptionABS A2 FLORES, MARIA FINOLA,TRACT 38, 2.545 ACRES & HOUSE
Census Tract950301
Assessed Land Value$85,760
Assessed Improvement Value$148,290
Assessment Year2025

About this property

REDUCED PRICE DON'T MISS THIS OPPORTUNITY!!!Brick 3-2-2 Hilltop Beauty with 2172 square feet on 2.545 acres built in 1960. You will love this home with a spacious open living room, fireplace, formal dining room, horseshoe style kitchen plus the laundry room with storage. Master bedroom opens onto a large deck overlooking the large tree shaded front yard. Large master bath with a separate vanity. Great size guest bedrooms with a Jack and Jill bath with a shower. Many updates include a new roof, vents, flooring, ceiling fans and paint. Extra large tree shaded front yard with room for a shop if desired. Large attached garage. Circle driveway is an added bonus for this home. Near Gilmer for schools and retail.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$130,226Estimated Mortgage Balance
$127,774Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$335,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,041
$234,050
2025
$85,760
$148,290
$234,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,041
$234,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jmsr Enterprises Llc
Purchase Money Mortgage
$143,700
No
First
Jun 15, 2021
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,226
$127,774
49%
50%
$862/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.

Explore Texas Explore This Area
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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2016 E State Highway 154 E | Property Details | No Agent List