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$743,060

2588 Redwood Rd, Gilmer, TX, 75645

$782,881 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.91 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesElectric Cooktop, Electric Oven, Electric Range, Plumbed For Ice Maker, Washer
FlooringConcrete

Exterior

Lot Size41.16 acres

Building Information

Year Built2004
Garage Spaces2

Land Information

APN65078679
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 PT, BLK PH 1 WILLEFORD ESTATE S408 (A392) 41.1583 ACRES & HOUSE
Census Tract950700
Assessed Land Value$259,300
Assessed Improvement Value$483,760
Assessment Year2025

About this property

If the country life is the life for you, than this piece of Texas paradise is the place to be. Located in Union Grove ISD, this home boasts wrap around porches, over 3800 sq ft of open floor plan, 4 bedrooms, 3 full baths and 2 large bonus spaces up stairs. On over 40 acres, this home also has a 1600 sq ft attached heated cooled garage and a 1400 sq ft little red barn with a unfinished apartment upstairs. Approximately 7 acres of pasture and the rest is wooded. Small pond and springs available to livestock and wildlife. Pasture has been cut for hay yearly. Community and well water available. Barn has 10.10 stalls, electricity and water.

Investor Tools

Property Icon
$743,060
Estimated Property Value
$0Estimated Mortgage Balance
$743,060Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$782,881
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,458 /month
Positive
Cash Flow Estimate:
$1,486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,064
$743,060
2025
$259,300
$483,760
$743,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,064
$743,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$743,060
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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