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$169,900

3964 Cherokee Trrace, Gilmer, TX, 75644

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About this property

Escape to the country with this 20.1-acre tract located just outside of Gilmer on Cherokee Trace. This heavily wooded property offers a great opportunity for those looking for privacy, recreational use, or a place to enjoy the great outdoors. The abundant timber and natural surroundings make it an excellent spot for hunting and wildlife watching. Some of the acreage is low-lying and borders a creek, adding to the natural beauty and providing an attractive habitat for wildlife. The property includes an existing homesite with no value assigned to the improvements, along with a well, carport, and small storage area. Whether you're looking for a hunting retreat, private getaway, or acreage to make your own, this property offers plenty of potential in a peaceful location just minutes from Gilmer.

Investor Tools

$0Estimated Mortgage Balance
$169,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

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

City: Gilmer

3964 Cherokee Trrace | Property Details | No Agent List