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Days305Days on Market
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$545,000

6761 State Hwy 154, Gilmer, TX, 75644

On MarketInfo
CommercialInfo
Baths0 Bath
Baths7,092 Sq Ft
Year BuiltBuilt in 2012

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size9.54 acres

Building Information

Year Built2012

Land Information

APN63142
Land UseCommercial
Legal DescriptionABS A295 MCFADDEN, WILLIAM,TRACT 20, 9.538 ACRES & CHURCH
Census Tract950302
Assessed Land Value$121,010
Assessed Improvement Value$655,250
Assessment Year2025

About this property

This versatile commercial property offers endless possibilities—imagine it as an event venue, restaurant, meeting space, or something entirely unique. The 4,800 sq. ft. main building is fully equipped with a commercial kitchen and appliances, two restrooms (each with two stalls), two office areas, multiple storage closets, a stage, tables, chairs, and more. A 336 sq. ft. secondary building is plumbed for two bathrooms and two showers—ready for you to finish to your liking. A third building, 280 sq. ft., is a blank canvas awaiting your personal vision. On the west 7.5 acres, you’ll find a well and electric pole—ideal for developing an arena or other outdoor amenities. With frontage on Hwy 154, Ant Road, and Arrowwood Road, this property offers excellent visibility and access. Seller is open to selling the 7.5-acre tract separately.

Investor Tools

Property Icon
$776,260
Estimated Property Value
$0Estimated Mortgage Balance
$722,972Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,658 /month
Positive
Cash Flow Estimate:
$1,553 /month

Interested in this property?

Kyla McCormack

Texas Real Estate Executives, The Daniels Group - Gilmer

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$776,260
2025
$121,010
$655,250
$776,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$776,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gilmer National Bank
Building Or Construction Loan
$80,000
No
First
Jan 13, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,288
$722,972
93%
7%
$480/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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6761 State Hwy 154 | Property Details | No Agent List