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$259,800

918 N Montgomery Street, Gilmer, TX, 75644

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,805 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.93 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Gas Range

Exterior

Exterior FeaturesAwning(s)
Lot Size15,002 sqft

Building Information

Year Built1935
Garage Spaces1

Land Information

APN40408
Lot Number7,8
Land UseResidential
Legal DescriptionLOT 7-8, BLK 8 MITCHELL ADDN S253 (A200) .3444 ACRES & HOUSE
Census Tract950400
Assessed Land Value$25,500
Assessed Improvement Value$166,260
Assessment Year2025

About this property

Welcome to this beautifully remodeled 1930’s charmer located right in the heart of Gilmer, TX—updated from top to bottom while still honoring the warmth and character of its era. With just over 1,800 sq ft and situated in Gilmer ISD on a spacious corner lot, this home blends timeless style with modern convenience in all the right places. Step inside to an inviting living area filled with natural light, warm neutral tones, and gorgeous pine floors that give the home a welcoming, comfortable feel. The layout is functional and easy to enjoy, offering a smooth flow throughout the main living spaces. Toward the back of the home, the updated kitchen features bright cabinetry, a subway tile backsplash, and plenty of counter space. Just off the kitchen is a cozy eat-in dining nook with beautiful built-in cabinetry—perfect for intimate meals, morning coffee, or a quiet place to unwind.Both bedrooms are generously sized, and the bathroom has been tastefully updated to offer a clean, modern look. The home also includes an interior laundry room for added everyday convenience. Out back, the large yard is framed with a beautiful iron fence, creating a great space for pets, gardening, or hosting get-togethers. The one-car garage comes with high ceilings and features overhead storage. A separate storage building gives you plenty of extra room for tools and equipment. Extensive updates—ranging from the roof and updated flooring to the upgraded windows that enhance both energy efficiency and natural light—create a home that feels refreshed and reliable. A Generac generator adds an extra layer of security, while numerous additional improvements ensure a smooth transition. If you’ve been looking for a move-in-ready home with charm, warmth, and updates in all the right places—this one checks every box.

Investor Tools

$61,013Estimated Mortgage Balance
$195,987Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Texas Real Estate Executives,

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$788
$191,760
2025
$25,500
$166,260
$191,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$788
$191,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Travis Mortgage
Conventional
$90,210
No
First
Jul 6, 2012
Aug 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,013
$195,987
76%
24%
$0/mo

City: Gilmer

918 N Montgomery Street | Property Details | No Agent List