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$131,700

NAL Estimated Property Value

513 Clark St, Gilmer, TX, 75644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,055 Sq Ft
price_per_sqft$163.51 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

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

Exterior

Lot Size7,501 sqft

Building Information

Year Built1983

Land Information

APN41061
Lot Number6
Land UseResidential
Legal DescriptionLOT 6, BLK 92 NEWSOME S266 (A3) .1722 ACRES & HOUSE
Census Tract950400
Assessed Land Value$13,880
Assessed Improvement Value$117,820
Assessment Year2025

About this property

Check out this rare, recently remodeled gem, centrally located in Gilmer, Texas. Featuring 3 beds, and 2 baths, and agenerous size back yard, all under $200K. In 2022, the home was renovated with a brand new roof, new windows, cabinets,granite countertops, LVP floors, and all new electrical and plumbing. The front and back yard has well maintained, lush grass.The brand new privacy fence keeps the back yard shenanigans intimate. The refrigerator and the kitchen island conveys withthe sale. You don’t want to miss opportunity!! Call for your personal tour now!!

Investor Tools

Property Icon
$131,700
Estimated Property Value
$136,257Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,035 /month
Positive
Cash Flow Estimate:
$345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,068
$131,700
2025
$13,880
$117,820
$131,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,068
$131,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$147,283
Yes
First
May 2, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,257
N/A
0%
103%
$884/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.

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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513 Clark St | Property Details | No Agent List