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$505,000

NAL Estimated Property Value

8800 Ginger Rd, Gilmer, TX, 75644

Off MarketInfo
Baths0 Bath
Baths4,068 Sq Ft
FarmFarm

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.04 acres

Land Information

APN65074417
Land UseVacant Land
Legal DescriptionABS A23 BROWN, LEMUEL B,TRACT 132-1, 5.041 ACRES & SHOP W/ LIVING
Census Tract950200
Assessed Land Value$25,600
Assessment Year2025

About this property

Major price reduction, and sellers are motivated! No deed restrictions! If you've been looking for a large piece of acreage to start up your homestead, this is it! 8800 Ginger Rd features 71 acres of beautiful land, and there is already a heated and cooled shop in place, complete with community water and a septic system. There is also full hookup for an RV right next to the shop so that you can live in the shop or RV while building your dream home. There is a water line that runs along the north fence line, and it already has a tee to the west of the shop for your future home site. There is also an abandoned well site on the west side of the property, and there is a power pole with a separate meter that XTO turned over to the owners (see photos for an idea of the location). It would be a great area for a barn, pen, or riding corral. There are some cross-fenced pen areas near the shop, a chicken coop, and two ponds that the owners believe to be spring fed. The ponds have supported cattle for several years without going dry. There is also a heated, cooled, and watered playhouse that the current owners use for show animals at the moment, and it will convey with the sale. Come see this goreous property today! *Boundary lines in photographs are merely an appoximation and do not represent an official boundary survey. The RV pictured does not convey*

Investor Tools

Property Icon
$505,000
Estimated Property Value
$0Estimated Mortgage Balance
$505,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,059 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7
$25,600
2025
$25,600
N/A
$25,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7
$25,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$505,000
100%
0%
$0/mo

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.

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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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8800 Ginger Rd | Property Details | No Agent List