$340,000
5962 Fm 555, Gilmer, TX, 75645
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size17.70 acres
Building Information
Year Built1990
Land Information
APN6709
Land UseResidential
Legal DescriptionABS A284 LOYD, JOHN T,TRACT 12, 17.7 ACRES & HOUSE
Census Tract950102
Assessed Land Value$111,500
Assessed Improvement Value$191,300
Assessment Year2025
About this property
Spacious ranch-style property situated on approximately 17.7 acres, featuring a single-story home surrounded by mature trees and a combination of open and wooded areas. The home includes a covered front porch, covered rear deck, spacious living areas with a fireplace, wood cabinetry, multiple bedrooms, and full bathrooms. Exterior improvements include a large covered carport, detached workshop, additional outbuildings, storage areas, and a pond. The property offers ample outdoor space with established trees and open grounds.
Investor Tools
$0Estimated Mortgage Balance
$686,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,116 /month
Positive
Cash Flow Estimate:
$1,372 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$724/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,254
$302,800
2025
$111,500
$191,300
$302,800
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2025
$5,254
$302,800
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$686,000
100%
0%
$0/mo
