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$165,000

408 Hawthorne Rd, Gilmer, TX, 75644

On MarketInfo
Beds2 Beds
Baths0 Bath
Baths1,216 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$82.15 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 0Bathrooms 0

Exterior

Lot Size8.99 acres

Building Information

Year Built1995

Land Information

APN76564
Land UseAgriculture / Farming
Legal DescriptionABS A296 MITCHELL, A T,TRACT 64, 8.99 ACRES & M/HOME,HUD# LOU0049350
Census Tract950302
Assessed Land Value$93,600
Assessed Improvement Value$17,850
Assessment Year2025

About this property

Beautiful 8.96 acre tract on Hawthorne Rd in Gladewater ISD offering a great mix of open space and partial woods. A new 800-ft crushed granite driveway provides easy access to the property. Utilities are already in place with existing septic. water, and electricity on site, plus high speed internet available. Multiple beautiful building spots make this property ideal for your dream home, barndominium, or private country retreat. Enjoy peaceful rural living while still being conveniently located to nearby amenities.

Investor Tools

$21,366Estimated Mortgage Balance
$90,084Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

Interested in this property?

Abigail Stewart

Stewart Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$848
$111,450
2025
$93,600
$17,850
$111,450
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$848
$111,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Foote Family Partnership Lp
Commercial
$24,000
No
First
Sep 9, 2020
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,366
$90,084
80%
19%
$144/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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408 Hawthorne Rd | Property Details | No Agent List