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$588,000

4537 PR 2301 (Off FM 2796), Gilmer, TX, 75644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
FarmFarm
price_per_sqft$183.33 / sqft
Year BuiltBuilt in 1990

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Cooktop
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size14.92 acres

Building Information

Year Built1990

Land Information

APN51301
Land UseResidential
Legal DescriptionABS A168 GOY, JOHN B,TRACT 56, 14.92 ACRES & HOUSE
Assessed Land Value$135,570
Assessed Improvement Value$215,530
Assessment Year2025

About this property

14.92 East Texas Acres with 3-bedroom, 2-bath ranch style home. Home boasts 1800 square feet of living area with covered porches. Property comes complete with metal building workshop with RV cover, vintage wood livestock barn with wood corrals, a horse barn and tack storage building all overlooking the scenic views of a live creek and the rolling hills of East Texas. Property also has ample room to add additional housing if so desired. Seller is reserving minerals.

Investor Tools

Property Icon
$588,000
Estimated Property Value
$0Estimated Mortgage Balance
$284,718Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,886
$351,100
2025
$135,570
$215,530
$351,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,886
$351,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$327,228
Yes
First
Jun 2, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,282
$284,718
48%
52%
$1,962/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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4537 PR 2301 (Off FM 2796) | Property Details | No Agent List