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$356,000

NAL Estimated Property Value

4494 Fm 1650, Gilmer, TX, 75645

$462,800 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,217 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.16 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Water Heater

Exterior

Lot Size3.41 acres

Building Information

Year Built1970
Garage Spaces4

Land Information

APN42469
Land UseResidential
Legal DescriptionABS A516 WILLIAMS, WILLIAM H,TRACT 6, 3.408 ACRES (+.38 AC IN RD) & HOUSE (LIFE ESTATE DEED) GOES TO JAMES K RUSHING,
Census Tract950301
Assessed Land Value$77,820
Assessed Improvement Value$220,610
Assessment Year2025

About this property

Well-kept, one-owner home in an ideal location between Gilmer and Diana, just 17 minutes north of Longview. This 4-bedroom, 2-bath home offers a wonderful, functional floor plan designed for comfortable living. The spacious living room features a vaulted ceiling and an iron wood-burning fireplace with blower, capable of heating the entire home during the winter months. Recent updates include a HVAC system (inside and out 2020) and a beautifully renovated hall bathroom. Situated on nearly 4 acres in a peaceful country setting, this property offers incredible versatility. Outbuildings include a 1,200 sq. ft. insulated metal shop with water and electricity, plus an east-facing porch perfect for relaxing or cooking out on warm East Texas evenings. There is also an 2 RV/boat carports with 30 AMP plug & space for multiple vehicles, a large shed and a smaller shed that has been converted into a chicken coop with run. All outbuildings are equipped with electricity. This property is ideal for starting a homestead, with multiple water spigot locations and partial metal fencing that could easily be enclosed with barbed wire to create pasture space. This is a property that truly must be seen to be fully appreciated. Call today to schedule your private showing!

Investor Tools

Property Icon
$356,000
Estimated Property Value
$286,770Estimated Mortgage Balance
$69,230Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$462,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,157 /month
Positive
Cash Flow Estimate:
$719 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$477
$298,430
2025
$77,820
$220,610
$298,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$477
$298,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Co
Conventional
$287,600
No
First
Mar 25, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,770
$69,230
19%
81%
$1,725/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.

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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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