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$426,000

NAL Estimated Property Value

3148 Medlin Rd, East Mountain, TX, 75645

Recently SoldInfo
7/07/26
Beds4 Beds
Baths3 Bath
Baths2,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.98 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesAwning(s), Lighting
Lot Size2.98 acres

Building Information

Year Built1989

Land Information

APN51077
Land UseResidential
Legal DescriptionABS A264 KING, WILLIAM,TRACT 35-1, 2.975 ACRES & HOUSE
Census Tract950700
Assessed Land Value$87,320
Assessed Improvement Value$117,530
Assessment Year2025

About this property

Sellers offering additional $10,000 for rate buy down or reduction in sales price!!! Nestled on approximately 3 beautiful acres in Gilmer, Texas, this move-in ready East Texas property offers the perfect blend of peaceful country living with convenient access to nearby cities. Featuring a private pond, mature surroundings, and frequent wildlife sightings, this home feels like a true country retreat while still being just minutes from Longview and Tyler. This spacious 4-bedroom, 3-bathroom home offers a flexible floor plan designed for comfort and functionality. Two bedrooms are located down stairs and 2 bedrooms up! One oversized bedroom is located on the first floor and would make an ideal mother-in-law suite, guest quarters, or private home office. The home features luxury vinyl plank flooring throughout the main living areas, with plush new carpet in the mother-in-law suite. Outdoor living is a highlight with two large porches. The covered front porch is perfect for relaxing evenings, while the expansive back porch overlooks the scenic acreage and pond—ideal for entertaining, hosting gatherings, or enjoying your morning coffee with country views. This fully updated home includes all new appliances, all new fixtures, all new plumbing, a brand-new aerobic septic system, new windows, a new HVAC system, and a metal roof, offering peace of mind and low maintenance for years to come. Located outside city limits with no city taxes, this property provides privacy, space, and modern upgrades—perfect for those seeking a rural lifestyle with modern conveniences.

Investor Tools

Property Icon
$426,000
Estimated Property Value
$45,435Estimated Mortgage Balance
$380,565Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,373
$204,850
2025
$87,320
$117,530
$204,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,373
$204,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Of America
Unknown
$93,825
No
First
Nov 21, 2006
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,435
$380,565
89%
11%
$563/mo

City: East Mountain

3148 Medlin Rd | Property Details | No Agent List