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$2,458,000

4098 Elderberry RD, Gilmer, TX, 75683

Off MarketInfo
Baths0 Bath
Baths12,816 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size80.08 acres

Building Information

Year Built2020

Land Information

APN43538
Land UseResidential
Legal DescriptionABS A296 MITCHELL, A T,TRACT 80, 80.084 ACRES & HOUSES
Census Tract950302
Assessed Land Value$584,620
Assessed Improvement Value$1,081,440
Assessment Year2025

About this property

Luxury East Texas Ranch with Barndominium! 80.084 acres of improved pasture ready for grazing your cattle or horse operation. 4000 square foot Barndominium with approximately 1650 square feet finished out with 2 beds 2 bath with open kitchen, dinette and living room with high end finishes, remainder of building consists of open area for storage, parking or party barn. The home overlooks a private 6 +/- Acre lake with covered pier stocked with bass, bream and baitfish. Cattle working pens and loafing shed is connected to the back of the building with room to set up several stalls for horses. Covered RV area connected to the building with 35 amp breaker and sewer. You must see this property to appreciate all it has to offer.

Investor Tools

Property Icon
$2,458,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,458,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,748 /month
Positive
Cash Flow Estimate:
$4,916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,648/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,489
$1,666,060
2025
$584,620
$1,081,440
$1,666,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,489
$1,666,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,458,000
100%
0%
$0/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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