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$205,560

NAL Estimated Property Value

6839 Myrtlewood Trl, Gilmer, TX, 75645

$267,228 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,408 Sq Ft
price_per_sqft$89.29 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
FlooringTile, Vinyl

Exterior

Lot Size33,001 sqft

Building Information

Year Built1992

Land Information

APN309
Lot Number510-512
Land UseResidential
Legal DescriptionLOT 510-512, 519-521, BLK PH M-4 GLENWOOD ACRES S175 (A225) .7576 ACRES & HOUSE
Census Tract950700
Assessed Land Value$30,000
Assessed Improvement Value$175,560
Assessment Year2025

About this property

Welcome to this inviting 3 bedroom, 2 bathroom home situated on a spacious lot of over half an acre. This property offers a peaceful setting with plenty of room to enjoy. The home features an open floor plan with tall ceilings, ceiling fans, and a warm rustic feel highlighted by wood paneling throughout. A wood burning stove in the living and kitchen area adds a cozy cottage atmosphere, especially with the holiday season approaching. Both bathrooms include a shower and tub combination, and one bathroom offers a double sink for added convenience. One of the bedrooms can easily function as a multipurpose space, ideal for a media room, office, or additional living area. The home also provides a spacious hallway and electric washer and dryer hookups. Outdoor features include a welcoming covered front porch perfect for morning coffee and quiet evenings, along with an uncovered back deck that provides an ideal space for gatherings, barbecues, or simply relaxing in the fresh air. The property also offers an 18 by 36 triple insulated storage building or shop, giving ample space for projects, hobbies, or equipment. Additional features include an aerobic septic system and plenty of open space to enjoy country living. This well maintained home combines comfort, functionality, and charm in a beautiful setting with endless possibilities.

Investor Tools

Property Icon
$205,560
Estimated Property Value
$195,240Estimated Mortgage Balance
$10,320Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$267,228
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,254
$205,560
2025
$30,000
$175,560
$205,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,254
$205,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$196,377
Yes
First
Jan 28, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,240
$10,320
5%
95%
$1,178/mo

City: Gilmer

6839 Myrtlewood Trl | Property Details | No Agent List