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$282,000

NAL Estimated Property Value

6067 Fm 1404, Gilmer, TX, 75645

$366,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.09 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Private PoolPrivate Pool
Lot Size4.52 acres

Building Information

Year Built1974

Land Information

APN16579
Land UseResidential
Legal DescriptionABS A1 DAVENPORT, J B B,TRACT 459, 4.523 ACRES & HOUSE
Census Tract950501
Assessed Land Value$68,670
Assessed Improvement Value$183,330
Assessment Year2025

About this property

Welcome to this charming 4.5 acre property where traditional style meets modern comfort! This classic ranch-style home, updated with a farmhouse touch, offers a warm and inviting atmosphere that's perfect for making lasting memories. Step outside to enjoy the above-ground pool with its spacious decking,. The property also features a sturdy barn and a handy storage building, offering ample space for all your equipment and hobbies. Situated on higher elevation, the property boasts stunning views and a sense of privacy. The property is fenced, ensuring security and defining your space. Inside, the home is designed with large, light-filled rooms and a bright, airy color scheme that enhances the open, welcoming feel. The 3-bedroom layout provides comfortable, generous spaces, perfect for both family living and entertaining. The large back patio is a standout feature, offering an excellent spot for outdoor dining, relaxing, and enjoying the serene surroundings.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$293,672Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$366,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,254
$252,000
2025
$68,670
$183,330
$252,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,254
$252,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Fha
$302,197
Yes
First
Oct 7, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,672
N/A
0%
104%
$1,812/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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6067 Fm 1404 | Property Details | No Agent List