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$193,130

NAL Estimated Property Value

4760 S State Hwy 155, Gilmer, TX, 75645

$251,069 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,866 Sq Ft
price_per_sqft$72.83 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesNone

Exterior

Lot Size5.56 acres

Building Information

Year Built1967

Land Information

APN16828
Land UseResidential
Legal DescriptionABS A1 DAVENPORT, J B B,TRACT 243, 5.565 ACRES & HOUSE (TRANSFER ON DEATH DEED FOR VALERIE ESCALANTE)
Census Tract950302
Assessed Land Value$47,470
Assessed Improvement Value$145,660
Assessment Year2025

About this property

Discover the potential of this 3-bedroom, 2-bathroom home set on a 5.5-acre lot. Built in 1967, this property is a true handyman special—ideal for flippers, investors, or buyers looking to create their dream starter home. While the house is in need of repairs and updates, it offers solid bones and endless possibilities for customization. The expansive acreage provides privacy, room to expand, and plenty of space for outdoor living or future projects. A small storage building is also included, offering convenient extra space for tools or equipment. With some vision and effort, this hidden gem can be transformed into a beautiful homestead or profitable investment.

Investor Tools

Property Icon
$193,130
Estimated Property Value
$62,381Estimated Mortgage Balance
$130,749Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$251,069
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,159 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$498
$193,130
2025
$47,470
$145,660
$193,130
No

Tax History

Year
Tax Paid
Assessed Value
2025
$498
$193,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gerald Williams Etux
Seller Carryback / Seller Financing / Seller Take-Back
$85,500
No
First
Mar 17, 2014
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,381
$130,749
67%
32%
$513/mo

City: Gilmer

4760 S State Hwy 155 | Property Details | No Agent List