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$72,780

NAL Estimated Property Value

216 Gilmer Street, Sulphur Springs, TX, 75482

Off MarketInfo
CommercialInfo
Baths12,556 Sq Ft
RetailRetail
Year BuiltBuilt in 1975

Highlights

Interior

FlooringCarpet, Tile, Wood

Exterior

Lot Size33,541 sqft

Building Information

Year Built1975

Land Information

APNR000003216
Land UseCommercial
Legal DescriptionACRES: 0.770 LOT: 3 7 & PT1B BLK: 37 TOWN: SULPHUR SPRINGS
Census Tract950600
Assessed Land Value$72,780
Assessment Year2025

About this property

This commercial property is compelling! If the search is on for a commercial property close to the most amazing little historic downtown ever, this may end said search! At .77 acres, this property could serve numerous purposes. It's only one block from Celebration Plaza, so it's within walking distance of all the fun and excitement that this small town center has to offer. Residential, retail, hospitality, events, you name it, the possibilities are endless. Remodel this building, or start fresh, you make the call! Call us today to make an appointment to check it out! Owner financing terms available.

Investor Tools

Property Icon
$72,780
Estimated Property Value
$0Estimated Mortgage Balance
$72,780Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,931
$72,780
2025
$72,780
N/A
$72,780
No

Tax History

Year
Tax Paid
Assessed Value
2021
$2,931
$72,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$72,780
100%
0%
$0/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: Sulphur Springs

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216 Gilmer Street | Property Details | No Agent List