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$299,000

7422 Pacal, Gilmer, TX, 75645

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.15 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave

Exterior

Lot Size5 acres

Building Information

Year Built2000
Garage Spaces2

Land Information

APN62763
Land UseResidential
Legal DescriptionABS A607 MCDONALD, H T,TRACT 8, 5.0 ACRES & HOUSE
Census Tract950501
Assessed Land Value$73,630
Assessed Improvement Value$275,610
Assessment Year2025

About this property

Discover the perfect blend of space, versatility, and East Texas charm at this exceptional property situated on 3.918 beautiful acres in the desirable Union Grove ISD. This well-maintained 2000+ sq ft home offers plenty of room for family and entertaining with two spacious living areas, providing flexible spaces for gathering, relaxing, working from home, or creating a game room. Summer of 2025 welcomed the complete HVAC replacement inside and out, water heater replaced and exterior paint. Outside, the possibilities continue with an additional 384 sq ft 1 bedroom 1 bath tiny house ideal for guests, multigenerational living, a home office, rental income opportunity, or hobby space with a fenced in yard fitting its tiny space. A large storage building provides ample room for tools, equipment, and seasonal items, helping keep everything organized. Car enthusiasts, hobbyists, and those needing extra covered parking will appreciate the impressive combination of a detached two-car garage and two two-car carports with an additional smaller storage building, offering abundant space for vehicles, boats, RVs, or recreational equipment. Enjoy the privacy and freedom of nearly four acres while still benefiting from the highly regarded Union Grove school district. Whether you're looking for room to grow, space for hobbies, or a property with endless possibilities, this unique Gilmer-area retreat is ready to welcome you and your family home. This gem offers the rare combination of acreage, versatility, and sought-after school district living—don't miss your opportunity to make it yours!

Investor Tools

Property Icon
$433,000
Estimated Property Value
$0Estimated Mortgage Balance
$410,925Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,598 /month
Positive
Cash Flow Estimate:
$866 /month

Interested in this property?

Kyla McCormack

Texas Real Estate Executives

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,628
$349,240
2025
$73,630
$275,610
$349,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,628
$349,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Credit Line (Revolving) / Heloc
$45,000
No
First
Dec 5, 2006
Dec 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,075
$410,925
94%
5%
$270/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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7422 Pacal | Property Details | No Agent List