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Days580Days on Market
Views1view

$650,000

$729,000

3690 Fm 49, Gilmer, TX, 75644

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$277.78 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Ice Maker, Microwave, Gas Oven, Gas Water Heater
FlooringTile

Exterior

Lot Size26.70 acres

Building Information

Garage Spaces2

Land Information

APN4028
Land UseResidential
Legal DescriptionABS A1 DAVENPORT, J B B,TRACT 10, 26.697 ACRES & HOUSE
Census Tract950302
Assessed Land Value$162,850
Assessed Improvement Value$276,800
Assessment Year2025

About this property

This 4 bedroom, 2.5 bath home is situated on approximately 26 acres in Gilmer ISD. The property offers a combination of comfortable living and functional outdoor amenities, making it well suited for a variety of uses. The home features a spacious layout with four bedrooms and two and a half baths. Outside, is a fenced backyard, fenced pasture, gated entrance, and cattle guards for added convenience. A barn with stables provides space for livestock, equipment, or hobbies, while the pond adds to the property's scenic appeal. There is room to enjoy the outdoors, keep animals, or simply appreciate a larger tract, this property offers plenty of possibilities, all within the desirable Gilmer ISD.

Investor Tools

$67,691Estimated Mortgage Balance
$372,703Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

KARLA DITTO

Coldwell Banker Lenhart-Gilmer

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,810
$439,650
2025
$162,850
$276,800
$439,650
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,810
$439,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gilmer National Bank
Unknown
$99,000
No
First
Aug 13, 2012
Aug 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,691
$371,959
84%
15%
$594/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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3690 Fm 49 | Property Details | No Agent List