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$992,440

6056 Bobwhite Rd, 40.09 Acres, Gilmer, TX, 75645

$1,277,059 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,420 Sq Ft
FarmFarm
price_per_sqft$347.95 / sqft
Year BuiltBuilt in 1991

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringCeramic Tile, Combination, Hardwood, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Storage
Lot Size39.29 acres

Building Information

Year Built1991
Garage Spaces2

Land Information

APN71787
Land UseResidential
Legal DescriptionABS A516 WILLIAMS, WILLIAM H,TRACT 15-1, 39.29 ACRES & HOUSE
Census Tract950301
Assessed Land Value$314,320
Assessed Improvement Value$678,120
Assessment Year2025

About this property

Welcome to this extraordinary 40.09-acre farm and ranch estate in the heart of East Texas—where country charm meets modern amenities. Perfect for equestrian lovers, ranchers, or those seeking serene rural living, this turnkey property is a rare find. The custom 3,420 sq. ft. home features 5 bedrooms and 3 bathrooms, designed for comfort and style. Every room boasts natural light and water views of the two large, stocked lakes. The kitchen is an entertainer’s dream with double ovens, a copper farmhouse sink, leathered granite countertops, a 5-burner cooktop, and a large island. The open-concept layout flows into a dining area and vaulted living room with a brick fireplace and panoramic views. The luxurious upstairs master suite offers dual walk-in closets, a spa-like bath with soaker tub, multi-head shower, and direct access to a 15x38 ft. balcony overlooking pastures and lakes. A second primary bedroom with ensuite bath and walk-in closet is located downstairs, providing flexible living arrangements. Step outside to enjoy the custom heated gunite pool with hot tub, waterfall, and diving rock, along with both covered and open patio spaces—ideal for entertaining under the East Texas sky. The land is fully fenced and cross-fenced with working pens, loading chute, and rich pastures of Bermuda and Bahia grass. Wildlife is abundant, and the lakes offer excellent fishing and recreation. A 5,400 sq. ft. insulated barn includes three storage rooms, equipment bays, a chic chicken coop, and a 1,200+ sq. ft. climate-controlled guest quarters with full bath, kitchen, living area, and loft bedroom—perfect for guests, family, or rental income. Only minutes from Gilmer, Longview, and Tyler—with high-speed Fiber Optic internet—this property is ideal for remote work, ranch life, or luxurious country living.

Investor Tools

Property Icon
$992,440
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,277,058
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,140 /month
Positive
Cash Flow Estimate:
$2,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,862
$992,440
2025
$314,320
$678,120
$992,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,862
$992,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bayshore Mortgage Funding Llc
Conventional
$820,000
No
First
Oct 24, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,407,533
N/A
0%
142%
$8,795/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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6056 Bobwhite Rd, 40.09 Acres | Property Details | No Agent List