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$246,000

3418 N US HWY 271, Gilmer, TX, 75644

$267,057 ARVInfo
On MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,225 Sq Ft
price_per_sqft$110.56 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2.5Bathrooms 2.5
AppliancesElectric Water Heater, Electric Range, Electric Oven
FlooringCarpet

Exterior

Lot Size1.03 acres

Building Information

Year Built1995
Garage Spaces2

Land Information

APN65013036
Land UseResidential
Legal DescriptionABS A211 HICKS, WILLIAM B,TRACT 26-1, 1.03 ACRES & SHOP/LIVING QUARTERS
Census Tract950200
Assessed Land Value$15,000
Assessed Improvement Value$291,970
Assessment Year2025

About this property

Huge Shop House Out Of City Limits. Over 2200 Sq FT. Living Quarters Upstairs. 4600 SQ.Ft. Down Stairs. Huge Shop With 4Bay Doors. Heated And Cooled! Perfect To Make Into Apartments Down Stairs/ With A GYM! Has A Great Pond! 2/2 Upstairs ,Great Kitchen! Large Bedrooms And Bathrooms! Lots Of Windows. This Would Make A Great Investment Property! Don't Miss Out On This One! ALL THIS ON OVER 3 ACRES.

Investor Tools

$0Estimated Mortgage Balance
$306,970Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$267,057
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

Interested in this property?

Wendy West

Coldwell Banker Lenhart-Gilmer

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,111
$306,970
2025
$15,000
$291,970
$306,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,111
$306,970

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$306,970
100%
0%
$0/mo

City: Gilmer