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$198,800

6925 Fm 555, Gilmer, TX, 75645

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,353 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.93 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesGas Cooktop, Gas Oven

Exterior

Lot Size24,394 sqft

Building Information

Garage Spaces1

Land Information

APN8050
Land UseAgriculture / Farming
Legal DescriptionABS A13 ATKINS, DAVID,TRACT 4, .56 ACRES
Census Tract950101
Assessed Land Value$5,920
Assessment Year2025

About this property

Welcome to 6925 Fm 555, a charming mid-century-style house with 7 acres in the desirable area of Gilmer. This well-maintained property offers a warm and inviting atmosphere that will make you feel right at home. You'll be greeted by a lovely retro three-glass-panel door that evokes a feeling of yesteryear. The vintage kitchen boasts classic appliances and beautiful wood paneling on the walls, adding a touch of character to the decor. Throughout the house, you'll find stunning wood floors and updated carpeting, providing both style and comfort. This property has been lovingly cared for by its owner which is evident throughout. With three bedrooms and one bathroom, there is plenty of space for both relaxation and functionality. With its nostalgic layout, charming features, and convenient location, this property presents an excellent opportunity for anyone looking to make their mark on a well-loved home. Schedule a viewing today and see all that this property has to offer!

Investor Tools

Property Icon
$264,000
Estimated Property Value
$0Estimated Mortgage Balance
$264,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$45
$5,920
2025
$5,920
N/A
$5,920
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$45
$5,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$264,000
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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6925 Fm 555 | Property Details | No Agent List