Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$992,440

NAL Estimated Property Value

6056 Bobwhite Rd, Gilmer, TX, 75645

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$347.95 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Double Oven, Microwave, Electric Oven, Electric Water Heater
FlooringHardwood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
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 located in the heart of East Texas. Designed for comfort, beauty, and functionality, this remarkable property offers the perfect balance between country charm and modern amenities. Whether you're an equestrian enthusiast, cattle rancher, or simply yearning for serene rural living, this estate is a rare find. At the heart of the property is a stunning 3,420 sq. ft. custom home featuring 5 bedrooms and 3 bathrooms. Every room in the home is filled with natural light and offers tranquil water views of the property's two large, stocked lakes. The open-concept kitchen is ideal for entertaining, complete with double ovens, a copper farmhouse sink, leathered granite countertops, an oversized 5-burner cooktop, and a large island with seating. The kitchen opens directly into the dining and living areas, where vaulted ceilings, a beautiful brick fireplace, and panoramic windows create a warm, inviting atmosphere. Upstairs, the luxurious master suite is a true retreat. It includes separate his and hers walk-in closets—featuring plenty of space and a custom shoe wall. The spa-inspired bathroom with a freestanding soaker tub, separate vanities, and a large multi-head walk-in shower complete the space. From the master, step directly onto a 15x38 ft. private balcony with sweeping views of the lakes, pastures, and peaceful countryside—an ideal spot for your morning coffee or evening unwind or sunset view. For those who prefer a primary suite on the main level, a secondary primary bedroom with ensuite bathroom and walk-in closet is conveniently located downstairs, making the home suitable for a variety of family needs. Step outside and you’ll find one of the property’s crown jewels: an expansive outdoor living area. Enjoy the custom heated gunite pool with hot tub, waterfall, and diving rock. The outdoor space includes both covered and open patio areas, perfect for entertaining guests, dining al fresco, or relaxing under the East Texas sky. This estate is well-equipped for livestock, horses, or farming operations. The property is fully fenced and cross-fenced with pipe working pens, a loading chute, and multiple livestock enclosures. The rich, open pastures feature a mix of native and improved grasses like Bermuda and Bahia—perfect for grazing or hay production. Wildlife is abundant, and the land offers opportunities for fishing, hunting, and nature observation. The 5,400 sq. ft. insulated barn is as functional as it is expansive. The central bay, with sliding barn doors and walk-throughs, provides ample space for tractors, ATVs, and equipment. Three additional storage rooms add flexibility, and the covered wings on either end are perfect for animals, trailers, or storage. Under one of the wings is a chic chicken coop, adding a touch of rural charm. Inside the barn is a fully climate-controlled 1,200+ sq. ft. living quarters—an incredibly valuable space that includes a spacious open-concept living/kitchen/dining area, a full bathroom with tankless water heater, a large closet, and an upstairs loft serving as the bedroom. It’s ideal as a guest house, worker’s quarters, rental unit, or even a cozy in-law suite. Despite its private, peaceful setting on a quiet country road, this estate is surprisingly well-connected. Located just 10 minutes from Gilmer, 20 minutes from Longview, and 45 minutes from Tyler, you're never far from shopping, healthcare, and dining. Plus, Fiber Optic High-Speed Internet ensures you can work or study from home with ease. From its well-thought-out design and gorgeous outdoor spaces to its functionality as a working ranch or personal retreat, this East Texas gem offers it all—livestock-ready, entertainer-approved, and completely unforgettable.

Investor Tools

Property Icon
$992,440
Estimated Property Value
$1,407,533Estimated Mortgage Balance
$992,440Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,140 /month
Positive
Cash Flow Estimate:
$2,380 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

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

City: Gilmer

6056 Bobwhite Rd | Property Details | No Agent List