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$340,540

8852 FM 852, Gilmer, TX, 75644

Off MarketInfo
Baths0 Bath
Baths6,517 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size14.51 acres

Building Information

Year Built2024

Land Information

APN9135204
Land UseVacant Land
Legal DescriptionABS A528 WHITE, JEREMIAH F,TRACT 25, 14.507 ACRES & HOUSE & SHOP
Census Tract950301
Assessed Land Value$155,810
Assessed Improvement Value$184,730
Assessment Year2025

About this property

15.024 acres located on the corner of FM 852 and Fox road in the Harmony School District and minutes from downtown Gilmer. Tract is primarily open with a mixture of timber and a small lake on the front making a great location for a private homesite or possibly could be split into smaller parcels for multiple homesites for the investor. There is 520 feet of road frontage on FM 852 and 1060 feet on Fox Road. Existing home on the property with barns has no value added.

Investor Tools

Property Icon
$340,540
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,043 /month
Positive
Cash Flow Estimate:
$681 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,111
$340,540
2025
$155,810
$184,730
$340,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,111
$340,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Heritage National Bank
Commercial
$780,852
No
First
Nov 12, 2024
Nov 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$760,017
N/A
0%
223%
$4,682/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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8852 FM 852 | Property Details | No Agent List