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$426,000

3148 Medlin Rd, East Mountain, TX, 75645

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:

BankruptcyPre-ForeclosureAbsentee 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
$93,825Estimated Mortgage Balance
$380,565Estimated Equity
78% 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

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: East Mountain

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3148 Medlin Rd | Property Details | No Agent List