
$200,420
NAL Estimated Property Value8123 Cherokee Trce, Gilmer, TX, 75644
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About this property
This property offers a rare opportunity for buyers who value space, functionality, and potential. While the home itself retains its original charm and has not been fully updated, it provides a solid foundation with unique features that make it truly stand out. Offering 3 bedrooms with office and 2 baths. One of the biggest highlights is the impressive 30x60 workshop with overhead doors perfect for mechanics, tradespeople, or anyone in need of serious workspace or storage. There's also a dedicated RV carport and two large 30x30 overhang carports, offering abundant covered parking for vehicles, trailers, or equipment. Whether you're running a business from home or just need space for your hobbies, this property delivers. A newer 15x20 storage building workshop is attached to the carport and includes a roll-up door and walk-in entry, offering even more functional space for tools, projects, or overflow storage. This property is ideal for buyers who want elbow room, workspace, and the chance to update and make a home truly their own. With solid structures and versatile outbuildings already in place, it’s a smart investment for those who see the value in space and potential. Schedule your showing today and explore everything this unique property has to offer
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gilmer
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