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Days124Days on Market
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$489,900

$494,900

2862 Fm 2685, Gilmer, TX, 75645

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.36 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Double Oven, Microwave, Electric Water Heater
FlooringTile, Vinyl

Exterior

Lot Size1 acre

Building Information

Year Built2013
Garage Spaces3

Land Information

APN65070666
Land UseResidential
Legal DescriptionABS A1 DAVENPORT, J B B,TRACT 324-2, 1.0 ACRES & HOUSE
Census Tract950302
Assessed Land Value$35,900
Assessed Improvement Value$406,590
Assessment Year2025

About this property

Gorgeous custom home situated on one acre with peaceful, scenic views! This meticulously maintained 3-bedroom, 2-bath home offers a desirable split floor plan designed for comfort and functionality. Beautiful built-in cabinetry and quality craftsmanship are showcased throughout the home. The open-concept kitchen and living area is ideal for entertaining, featuring granite countertops, gas range, double ovens, and a cozy fireplace with gas logs. The spacious primary suite features a thoughtfully designed bath retreat with separate shower and soaking tub areas, along with dual private vanity spaces — offering comfort, functionality, and personal space and secondary bath offer impressive walk-in tile showers.A bright and inviting sunroom overlooks the backyard and serves as a versatile flex space — perfect for a home office, workout room, or additional sitting area to enjoy the views. There is also a nice custom desk area in the hall off the utility room. Additional highlights include a three-car garage and a well-maintained one-acre lot. Conveniently located just up the road from Gilmer Country Club & Golf Course, within Gilmer ISD, and only a short drive to Longview. This property combines space, quality, and location — schedule your showing today!

Investor Tools

Property Icon
$490,000
Estimated Property Value
$0Estimated Mortgage Balance
$490,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Lindsay Wilson

Century 21 First Group - Lindale

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,169
$442,490
2025
$35,900
$406,590
$442,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,169
$442,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$495,000
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.

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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2862 Fm 2685 | Property Details | No Agent List