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Days53Days on Market
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$259,900

$275,000

7086 N State Highway 155, Gilmer, TX, 75644

$337,870 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.76 / sqft
Year BuiltBuilt in 1904

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Water Heater
FlooringLaminate, Tile

Building Information

Year Built1970
Garage Spaces2

Land Information

APN65038955
Land UseResidential
Legal DescriptionABS A529 WRIGHT, WILLIAM,TRACT 4-A, L/H HOUSE ON FERGUSON LAND
Census Tract950101
Assessed Improvement Value$47,650
Assessment Year2025

About this property

Step back in time with this charming 1904 farmhouse, rich with history and full of potential. Originally built in the early 20th century and relocated to its current setting in the 1970s, this home is ready for someone with vision to restore it to its former glory. Nestled on approximately 23 acres of beautiful East Texas countryside, the land is truly the highlight—featuring spring-fed creeks, towering timber, and a peaceful, private setting that’s hard to find. Whether you’re looking for a homestead, recreational retreat, or investment opportunity, this property offers endless possibilities. In addition to the main home, the property includes a second dwelling—a 2-3 bedroom, 1-bath rental—with approx 1,000 sq feet, providing immediate income potential or space for guests, family, or a caretaker. With its scenic acreage, natural water features, and multiple living spaces, this is a rare opportunity to create something special in a truly picturesque setting.

Investor Tools

$0Estimated Mortgage Balance
$235,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$337,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Lori Keebaugh

Keebaugh & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$167/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$827
$47,650
2025
N/A
$47,650
$47,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$827
$47,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$235,000
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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7086 N State Highway 155 | Property Details | No Agent List