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$339,500

801 Elizabeth St, Gilmer, TX, 75644

On MarketInfo
Beds3 Beds
Baths2,215 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.27 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Microwave, Gas Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size24,002 sqft

Building Information

Garage Spaces2

Land Information

APN710
Lot Number48
Land UseResidential
Legal DescriptionLOT 48 5O' OF, PATTERSON SUBD. S300 (A200) .551 ACRES & HOUSE
Census Tract950400
Assessed Land Value$24,720
Assessed Improvement Value$267,080
Assessment Year2025

About this property

A gorgeous corner property that is just over a half-acre in the Patterson District in Gilmer! The huge backyard is enclosed with a tall brand-new wood privacy fence with a double gate on the side. It adds so much to the already great curb appeal of this home. As you walk up the sidewalk you get to enjoy the shade of a large pecan tree that accents the front yard. Once inside you will see that this home is meticulously cared for and has fresh paint throughout. There is a large dining room with a nook perfect for having a coffee bar or buffet. And there are two spacious living rooms that both have easy access to the kitchen. Speaking of the kitchen, the cabinets have been newly painted for a crisp clean look that coordinates beautifully with the granite counters. The dishwasher and built-in microwave were both updated in 2024, along with the faucet. The back living room is full of character with brick floors and a wood burning fireplace. As a bonus, there is a full bathroom attached for guests. Between the covered walkway from the garage to the house, you will find a separate door that opens to a bonus flex space. It is approximately 20ft x 7.5ft and was completely remodeled in the last year including new lighting and a mini split air conditioning unit. With a separate exterior door, this space could make a great home office or gym. It has is a large window for natural light and to see out over the whole back yard. The backyard is an oasis with a brand-new pergola to sit and unwind in the shade at the end of the day. There is also a new 24 foot sunken, above-ground pool to cool off in during those summer days. All of the bedrooms are located together. Two of the bedrooms share a bathroom between them. The primary bedroom has two closets and great views of the backyard. The HVAC was replaced in 2023 and has a smart thermostat so you can control the temperature remotely. Additional upgrades over the last year include a new roof, gutters and all new electrical panel. You should make plans to come see this gorgeous home in person!

Investor Tools

$268,371Estimated Mortgage Balance
$23,429Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,037 /month
Positive
Cash Flow Estimate:
$679 /month

Interested in this property?

Virginia Cammack

Keebaugh & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,846
$291,800
2025
$24,720
$267,080
$291,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,846
$291,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Va
$288,000
Yes
First
Sep 8, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,371
$23,429
8%
92%
$1,727/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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801 Elizabeth St | Property Details | No Agent List