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Days46Days on Market
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$210,000

$220,000

702 S Montgomery St, Gilmer, TX, 75644

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.29 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesBuilt-In Gas Range, Dishwasher, Dryer, Electric Cooktop
FlooringLaminate

Exterior

Lot Size8,398 sqft

Building Information

Year Built1950

Land Information

APN40601
Lot Number4
Land UseResidential
Legal DescriptionLOT 4, BLK 92 NEWSOME S266 (A3) .1928 ACRES & HOUSE
Census Tract950400
Assessed Land Value$14,110
Assessed Improvement Value$28,630
Assessment Year2025

About this property

Welcome to this beautifully updated home located in Gilmer, Texas. Originally built in 1950, this property has been thoughtfully renovated to offer modern style and comfort throughout. Inside, you’ll find granite countertops, durable vinyl flooring, and modern finishes that create a fresh and inviting atmosphere. The kitchen features all new stainless steel appliances, including a refrigerator, along with a convenient gas stove for cooking. This home offers 3 bedrooms and 2 bathrooms with a functional layout. The primary bathroom features a tile and glass walk-in shower, while the guest bathroom includes a tile surround tub and shower combination. Recent updates also include a new roof and central heating and air system for added comfort and efficiency. Situated on a 0.19-acre corner lot, the property also includes a carport and is conveniently located just minutes from downtown Gilmer, providing easy access to local shops, dining, and community amenities. Schedule your showing today and see everything this beautifully updated home has to offer.

Investor Tools

$0Estimated Mortgage Balance
$218,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

Interested in this property?

Diana Zamora

Quality Choice Solutions, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$832
$42,740
2025
$14,110
$28,630
$42,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$832
$42,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
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.

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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702 S Montgomery St | Property Details | No Agent List