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$217,000

NAL Estimated Property Value

4501 Fm 1650, Gilmer, TX, 75645

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,120 Sq Ft
price_per_sqft$223.13 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater

Exterior

Lot Size4.13 acres

Building Information

Year Built2006
Garage Spaces2

Land Information

APN64165
Land UseResidential
Legal DescriptionABS A516 WILLIAMS, WILLIAM H,TRACT 5, 4.126 ACRES & HOUSE
Census Tract950301
Assessed Land Value$83,130
Assessed Improvement Value$126,100
Assessment Year2025

About this property

Welcome to this beautifully maintained 2006-built home on 4.13 scenic acres in the Gilmer countryside. Located along the desirable FM 1650 corridor near the intersection of Catbird Rd, this property offers peaceful rural living with the charm of neighboring custom homes. The home feels practically brand new, featuring fresh carpet in the bedrooms, Wood floors, neutral tones throughout, and a cozy, inviting living area. Enjoy added value and convenience with a refrigerator that conveys and a brand-new roof installed by AVCO Roofing just three months ago. A gated entrance adds privacy and security, while a detached carport provides covered parking. An additional 730 square feet of outdoor living space—including spacious porches and a deck—makes it easy to soak in the tranquil surroundings. A separate outbuilding offers endless possibilities: home office, workshop, studio, or extra storage—whatever fits your lifestyle. If you are wanting a Tiny home, this one is better!!! Don’t miss this rare opportunity to own a move-in ready home with modern updates, acreage, and versatile outdoor spaces in a serene East Texas setting. *There are no known restrictions.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$79,562Estimated Mortgage Balance
$137,438Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,143
$209,230
2025
$83,130
$126,100
$209,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,143
$209,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Stand Alone First / Home Equity First Lien
$93,920
No
First
Oct 26, 2018
Nov 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,562
$137,438
63%
37%
$564/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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4501 Fm 1650 | Property Details | No Agent List