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$376,000

NAL Estimated Property Value

8061 N US Hwy 271, Gilmer, TX, 75644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,866 Sq Ft
price_per_sqft$170.95 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesOther, Storage
Lot Size1.61 acres

Building Information

Year Built1974
Garage Spaces2

Land Information

APN42731
Land UseResidential
Legal DescriptionABS A391 PRATHER, FREEMAN,TRACT 32, 1.61 ACRES & HOUSE
Census Tract950200
Assessed Land Value$15,560
Assessed Improvement Value$220,560
Assessment Year2025

About this property

This charming brick home sitting on over 13 acres is an absolute gem. With 3 bedrooms, 2 bathrooms, and a 2 car garage... this home has so much to offer. Boasting a gorgeous brick fireplace in the large living room, granite and granite tile countertops in the kitchen and bathrooms, large windows that fill the entire home with sunlight, and plenty of modern upgrades throughout the home... Then, once you step outside onto your stunning pergola, you can imagine sipping your coffee as you enjoy the peace and quiet of your own 13.6 acre beautiful country retreat. With a multi-level treehouse complete with electricity and a large barn all ready to meet your agricultural needs... this home truly has it all.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$355,246Estimated Mortgage Balance
$20,754Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,030
$236,120
2025
$15,560
$220,560
$236,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,030
$236,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust
Commercial
$319,000
No
First
Oct 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,246
$20,754
5%
94%
$2,381/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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8061 N US Hwy 271 | Property Details | No Agent List