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$226,550

505 S Bradford Street, Gilmer, TX, 75644

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,448 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.41 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,841 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN40882
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 NPT, BLK 10 MINGS ADDN S252 (A3) .18 ACRES & HOUSE
Census Tract950400
Assessed Land Value$13,960
Assessed Improvement Value$212,590
Assessment Year2025

About this property

NEW CONSTRUCTION near Abney Park! Bright, open floor plan with beautiful wood look laminate flooring throughout. Gorgeous kitchen with an island. Spacious closets in every bedroom. Near Gilmer High School, Gilmer Square, and Gilmer Lake. Outstanding price for brand new home. Schedule your showing today before it's gone. This one won't last long!

Investor Tools

Property Icon
$226,550
Estimated Property Value
$0Estimated Mortgage Balance
$31,507Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,359 /month
Positive
Cash Flow Estimate:
$453 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,761
$226,550
2025
$13,960
$212,590
$226,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,761
$226,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$208,198
Yes
First
Dec 8, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,043
$31,507
13%
86%
$1,249/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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505 S Bradford Street | Property Details | No Agent List