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$278,660

NAL Estimated Property Value

610 FM 2088, Gilmer, TX, 75644

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,658 Sq Ft
FarmFarm
price_per_sqft$220.08 / sqft
Year BuiltBuilt in 1962

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesGas Water Heater

Exterior

Lot Size28.20 acres

Land Information

APN34347
Land UseAgriculture / Farming
Legal DescriptionABS A265 KING, WILLIAM,TRACT 11, 28.2025 ACRES (+ .06 AC IN HWY) & HOUSE
Census Tract950200
Assessed Land Value$167,860
Assessed Improvement Value$110,800
Assessment Year2025

About this property

Just outside of town, between Gilmer and Pittsburg, this 4,2 on 28 fenced and cross fenced acres with multiple ponds might be just what you have been looking for. This cozy and quaint home just off of 271 on FM 2088 is in such a convenient location. Raise your kids, farm your cattle or just simply enjoy life. The choice is yours and the space is available for whatever suits your needs. Endless possibilities and comfortable living. That's the plan on this one!

Investor Tools

Property Icon
$278,660
Estimated Property Value
$0Estimated Mortgage Balance
$278,660Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,189 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,605
$278,660
2025
$167,860
$110,800
$278,660
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,605
$278,660

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,660
100%
0%
$0/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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610 FM 2088 | Property Details | No Agent List