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$249,500

617 W SCOTT STREET, Gilmer, TX, 75644

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.01 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Water Heater
FlooringTile, Vinyl

Exterior

Lot Size19,358 sqft

Building Information

Year Built1930
Garage Spaces1

Land Information

APN40659
Lot Number14
Land UseResidential
Legal DescriptionLOT 14, BLK 9 OLD TOWN (GILMER) S279 (A3,A200) .4444 ACRES & HOUSE
Census Tract950400
Assessed Land Value$31,170
Assessed Improvement Value$141,360
Assessment Year2025

About this property

If you are looking for a Move In Ready Home in town here it is! It is beautiful and spotless clean! So many updates in this home! Has 2 Mastersuites with bathroom. Mastersuite has a dressing room with 2 closets his and hers. This house could be a 3 bedroom easy the room is being used for a dressing room but has double closet in it. Beautiful flooring through out home. It has a outdoor kitchen, outdoor sitting area screened in. Nice work shop! Large back yard with privacy fence. This home is close to everything in town. Come see don't miss out!

Investor Tools

$44,762Estimated Mortgage Balance
$202,238Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,497 /month
Positive
Cash Flow Estimate:
$499 /month

Interested in this property?

Wendy West

Coldwell Banker Lenhart-Gilmer

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,146
$172,530
2025
$31,170
$141,360
$172,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,146
$172,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank Texas
Credit Line (Revolving) / Heloc
$65,706
No
First
Aug 27, 2012
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,762
$202,238
81%
18%
$394/mo

City: Gilmer

617 W SCOTT STREET | Property Details | No Agent List