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$160,000

$249,000

720 Buffalo St, Gilmer, TX, 75644

$208,000 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$66.78 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesElectric Range

Exterior

Exterior FeaturesStorage
Lot Size11,726 sqft

Building Information

Year Built1957

Land Information

APN41906
Lot Number5B
Land UseResidential
Legal DescriptionLOT 5B, BLK 27A OLD TOWN (GILMER) S279 (A3,A200) .2692 ACRES & HOUSE
Census Tract950400
Assessed Land Value$22,980
Assessed Improvement Value$212,610
Assessment Year2025

About this property

Discover the space and versatility you've been looking for in this 3-bedroom, 3-bath home situated on approximately 0.26 acres in town. Featuring three separate living areas, this home offers endless possibilities for entertaining, a home office, playroom, media room, or additional gathering spaces to fit your lifestyle. Conveniently located with easy access to schools, shopping, dining, and downtown amenities, you'll enjoy the perfect balance of comfort and convenience. Outside, a large shop in the backyard provides ample space for hobbies, projects, storage, or could even be transformed into the ultimate game room or workshop. The enclosed back porch creates a cozy retreat ideal for a reading nook, craft room, home gym, or relaxing sunroom where you can enjoy your morning coffee year-round. With a spacious yard and plenty of room to spread out, this property offers incredible potential for families, hobbyists, and anyone seeking extra space both inside and out.

Investor Tools

$91,412Estimated Mortgage Balance
$155,799Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$208,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

Interested in this property?

Gina Rodriguez

Mayben Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,770
$235,590
2025
$22,980
$212,610
$235,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,770
$235,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Unknown
$107,908
No
First
Dec 31, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,412
$146,588
61%
37%
$647/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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720 Buffalo St | Property Details | No Agent List