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$275,000

NAL Estimated Property Value

5972 Glenwood Dr, Gilmer, TX, 75645

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
price_per_sqft$146.46 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size23,958 sqft

Building Information

Year Built1978
Garage Spaces4

Land Information

APN3419
Lot Number47
Land UseResidential
Legal DescriptionLOT 47, BLK PH 2 GLENWOOD ACRES S175 (A225) .55 ACRES & HOUSE
Census Tract950700
Assessed Land Value$28,880
Assessed Improvement Value$188,420
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bath home located in Gilmer, Texas, within the sought-after Gilmer ISD. This beautifully updated property features an inviting open floor plan, perfect for gatherings and entertaining. The kitchen boasts sleek granite countertops and stainless steel appliances, while the living area showcases a cozy wood-burning fireplace and wood beams, adding warmth and character. Recent updates include a brand-new roof and fresh exterior paint, ensuring peace of mind for years to come. You’ll also love the additional covered parking off the garage, providing extra convenience and storage. As a bonus, there’s a private lake less than 100 yards from the property, offering a peaceful escape and a perfect spot for fishing or relaxing by the water. Don’t miss the chance to make this move-in-ready home yours!

Investor Tools

Property Icon
$275,000
Estimated Property Value
$249,576Estimated Mortgage Balance
$25,424Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,562
$217,300
2025
$28,880
$188,420
$217,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,562
$217,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$242,034
Yes
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,576
$25,424
9%
91%
$1,504/mo

City: Gilmer

5972 Glenwood Dr | Property Details | No Agent List