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$434,000

5466 Glenwood Drive, Gilmer, TX, 75645

$532,966 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,646 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.02 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater

Exterior

Exterior FeaturesDock, Storage
Lot Size1.23 acres

Building Information

Year Built1980

Land Information

APN929
Lot Number25
Land UseResidential
Legal DescriptionLOT 25, BLK PH 1 GLENWOOD ACRES S175 (A225) 1.23 ACRES & HOUSE
Census Tract950700
Assessed Land Value$64,580
Assessed Improvement Value$237,700
Assessment Year2025

About this property

Welcome to the kind of East Texas property that instantly feels like a retreat, 5466 Glenwood Dr in Gilmer offers 5.15 acres of natural beauty, rustic charm, and room to breathe. The location is centrally located off Hwy 300 inbetween Gilmer and Longview. The driveway brings you home to a log-style residence with front-porch sweet tea vibes, surrounded by towering pines and peaceful views. On the exterior of this showstopper is a private pond, complete with a dock and covered sitting area—perfect for fishing, paddle-boat afternoons, or simply soaking up the sun while the trees reflect on the water. Inside, this 3 bedroom, 2 full bath home delivers that warm “cabin” feel buyers love—exposed beams, rich wood tones, character details, and an inviting split layout. The living space centers around a statement fireplace and comfortable gathering areas, while the kitchen offers plenty of storage and functionality for everyday living. As a bonus, there’s the sunroom. A light-filled space with walls of windows to bring in natural light and showcase the peaceful setting. This flexible space makes a perfect spot for morning coffee, game nights, or winding down after a day on the pond. Need room for hobbies, tools, toys, or weekend projects? You’ll love the large shop garage 36X26 plus covered parking 20X24, giving you the freedom to work, store, and create without sacrificing space at the house. This home is part of the Lakewood HOA, additional HOA community information can be found at livingatlakewood.com

Investor Tools

Property Icon
$307,000
Estimated Property Value
$0Estimated Mortgage Balance
$77,331Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$532,966
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,604 /month
Positive
Cash Flow Estimate:
$868 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$458
$302,280
2025
$64,580
$237,700
$302,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$458
$302,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$230,000
No
First
Apr 29, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,669
$77,331
25%
75%
$1,379/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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