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$411,000

NAL Estimated Property Value

5886 FM 2263, Gilmer, TX, 75644

Off MarketInfo
Baths0 Bath
Baths2,479 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size35,196 sqft

Building Information

Year Built1960

Land Information

APN22000
Land UseResidential
Legal DescriptionABS A148 ELLISON, JAMES,TRACT 99, 0.808 ACRES & NCV HOUSE
Census Tract950502
Assessed Land Value$38,020
Assessment Year2025

About this property

Maturely wooded nearly four acre lot with a driveway, cleared are and pad to build your country home on. Seven easy minutes to Gilmer.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$47,379Estimated Mortgage Balance
$363,621Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$618
$38,020
2025
$38,020
N/A
$38,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$618
$38,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Unknown
$58,720
No
First
Feb 8, 2017
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,379
$363,621
88%
12%
$353/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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5886 FM 2263 | Property Details | No Agent List