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$999,000

21197 N Gatlinburg, Bullard, TX, 75757

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths3,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.54 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Kitchen
Lot Size1.36 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces4

Land Information

APN1-60740-0009-02-009000
Lot Number9
SubdivisionBlue Ridge Estates U-2
Land UseResidential
Legal DescriptionBLUE RIDGE ESTATES U-2 BLOCK 9 LOT 9 2017 NEW SUBD
Census Tract001915
Assessed Land Value$90,761
Assessed Improvement Value$710,925
Assessment Year2025

About this property

This stunning 4-bedroom, 3-bath home offers a spacious, thoughtfully designed layout with versatile bonus spaces ideal for entertaining, a home office, or flexible living. From the moment you step inside, you’re greeted by soaring vaulted ceilings, abundant natural light, and elegant finishes throughout. Designer details include custom cabinetry, high-end fixtures, and dimmable lighting that create the perfect ambiance in every room. The open-concept living area flows seamlessly into a chef’s dream kitchen featuring commercial-grade appliances, an oversized refrigerator, and double ovens—perfect for hosting gatherings of any size. A split floor plan provides a private owner’s suite retreat, separate from guest bedrooms for maximum comfort and privacy. Upstairs attic access offers excellent storage and an exciting opportunity for conversion into additional living space or a bonus room. Situated on nearly 6 acres, this property boasts the largest lot in the highly desirable Blue Ridge Estates and showcases peaceful water views of Lake Palestine. Outdoor amenities are equally impressive, including a spacious back porch ideal for entertaining and a beautiful in-ground heated pool for year-round enjoyment. The long, wide driveway allows for ample parking, making hosting effortless, while the additional acreage provides space for recreation and guests. Two additional adjacent lots are also available for purchase, offering approximately 3 extra acres—perfect for expanding your estate or enhancing privacy. Adding to its charm, this is the only property in the neighborhood permitted to have chickens, enhancing its serene country feel. Located minutes from the marina and within sought-after Bullard ISD, this home offers convenient access to Tyler while maintaining peaceful privacy.

Investor Tools

$537,861Estimated Mortgage Balance
$451,139Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,735
$801,686
2025
$90,761
$710,925
$801,686
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,735
$801,686

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Altra Fcu
Undefined / Multiple Loan Amounts
$580,500
No
First
Jun 24, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$537,861
$451,139
45%
54%
$2,812/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,812/mo
$-982/mo
2.2%

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: Bullard

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21197 N Gatlinburg | Property Details | No Agent List