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$584,900

8770 Silver Spruce Rd, Gilmer, TX, 75645

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,545 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.82 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesElectric Water Heater

Exterior

Lot Size7.89 acres

Building Information

Year Built2020
Garage Spaces1

Land Information

APN65078173
Land UseResidential
Legal DescriptionABS A257 JUSTAMENTE, JUAN P,TRACT 7-11, 7.895 ACRES & HOUSE
Census Tract950501
Assessed Land Value$82,540
Assessed Improvement Value$392,420
Assessment Year2025

About this property

Welcome to your private sanctuary. This 2020 beautifully constructed home sits on 7.9 wooded acres and features large picture windows, granite countertops, vaulted ceilings, perfect lighting and gorgeous herringbone laid tile. The open floor plan was designed for entertaining while the split bedrooms allow for privacy. A beautiful kitchen features stainless appliances, gas stove, double ovens and farm sink. The spacious primary suite features a spa like soaker tub, large walk-in shower and walk thru closet to the laundry. The Guest rooms each have a Jack and Jill style bath with private vanities. The upstairs bonus space is 270 sq ft and could be used as an office, gym, game room or additional bedroom. The back porch allows to continue the entertaining with an outdoor kitchen under the 240 sq ft patio. Storage abounds with a butler style pantry, storage closets, and let's not forget, that 30x40 sq ft shop with 2 12x12 roll up doors and a man door.

Investor Tools

Property Icon
$515,000
Estimated Property Value
$555,000Estimated Mortgage Balance
$0Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,509 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$771/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,679
$474,960
2025
$82,540
$392,420
$474,960
No

Tax History

Year
Tax Paid
Assessed Value
2022
$6,679
$474,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$555,000
Yes
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$543,560
N/A
0%
106%
$3,328/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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8770 Silver Spruce Rd | Property Details | No Agent List