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$35,000

411 & 428 Forestwood, Gilmer, TX, 75645

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Baths0 Bath

About this property

Build your dream home in the desirable Glenwood Acres community! These lots total nearly one acre, providing plenty of room to create the home and outdoor space you've always wanted. Residents enjoy access to community amenities including two stocked ponds for fishing, a clubhouse, and a swimming pool. Conveniently located within Gilmer ISD, Glenwood Acres offers the perfect combination of peaceful country living and neighborhood amenities. Don't miss this opportunity to own a beautiful homesite in one of the area's most sought-after communities.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Janti Patel

Ramsey Realty Group

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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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