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$199,000

NAL Estimated Property Value

509 Trump Lane, Gilmer, TX, 75645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$156.25 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave, Electric Water Heater
FlooringVinyl

Exterior

Lot Size1.14 acres

Building Information

Year Built2022

Land Information

APN65109485
Lot Number7
Land UseResidential
Legal DescriptionLOT 7, OAK GROVE ESTATES S463 (A264) 1.14 ACRES & M/HOME HUD# NTA2073960
Census Tract950700
Assessed Land Value$59,700
Assessed Improvement Value$95,380
Assessment Year2025

About this property

Welcome to this well-maintained home situated on a spacious 1 Ac lot with beautiful mature trees and plenty of outdoor space to enjoy. This move-in-ready property features a clean, modern exterior, a welcoming front entrance, and a large yard perfect for entertaining, gardening, or relaxing. Offering a peaceful setting with room to spread out, this home is a great opportunity for first-time buyers, downsizers, or anyone looking for comfortable living in a quiet location. This home will qualify for a USDA Loan with 0 down.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$0Estimated Mortgage Balance
$199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$886
$155,080
2025
$59,700
$95,380
$155,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$886
$155,080

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,000
100%
0%
$0/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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509 Trump Lane | Property Details | No Agent List