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$399,900

$414,900

5066 Bob O Link Rd, Gilmer, TX, 75645

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,970 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.99 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range

Exterior

Private PoolPrivate Pool

Building Information

Year Built2002
Garage Spaces1

Land Information

APN78422
Land UseResidential
Legal DescriptionLOT W, TWIN LAKES S353 (A501) L/HOLD CABIN
Census Tract950301
Assessed Improvement Value$274,350
Assessment Year2025

About this property

Perched on a scenic hilltop overlooking one of the Twin Lakes, this beautifully updated two story cabin offers privacy, elevated water views, and access to one of East Texas’ most peaceful lake communities. The home features two bedrooms, two bathrooms, and a versatile bonus space that could serve as a third bedroom. Situated on 1.529 acres within the gated Gilmer Boating & Fishing Club, the property is surrounded by towering trees and park like grounds. Ownership also includes access to approximately two additional acres of shareholder maintained land, enhancing the sense of space. As a shareholder, you will enjoy access to both fully stocked Twin Lakes, shared by only 30 owners and their guests, ideal for fishing or relaxing under the community’s no wake policy. Inside, the home blends rustic character with thoughtful updates. The kitchen offers granite countertops, stainless steel appliances, and generous cabinetry, while Satterwhite wood and blue wormwood accents add warmth throughout. A rock fireplace with gas logs anchors the main living area, and the layout flows easily for everyday living and entertaining. Additions completed in 2019, including the primary suite, laundry room, sunroom, and upstairs bedroom, expanded the space while maintaining the home’s cabin feel. Outdoor living shines with a screened porch overlooking the water, a lakeside pool, and a separate Jacuzzi hot tub. A private fishing pier and fenced dog run add to the functionality. Additional features include a workshop outbuilding with lean-to covered parking, Generac whole home generator with RV outlet, private filtered well, and gated concrete driveway. With elevated views, access to both lakes, and a peaceful setting just minutes from Gilmer, this property is ideal as a full time home or weekend retreat.

Investor Tools

$263,482Estimated Mortgage Balance
$242,518Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,036 /month
Positive
Cash Flow Estimate:
$1,012 /month

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Texas Real Estate Executives

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,154
$274,350
2025
N/A
$274,350
$274,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,154
$274,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$279,300
No
First
Jun 9, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,482
$242,518
47%
52%
$1,675/mo

City: Gilmer

5066 Bob O Link Rd | Property Details | No Agent List