Last 24 Hours
$248,000
NAL Estimated Property Value9649 N US 259, Gilmer, TX, 75645
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.65 acres
Land Information
APN0368019000-016-01-02
SubdivisionSimpson W P Sur
Land UseReal - Residential - Miscellaneous Structures
Legal DescriptionAB 190 W P SIMPSON SUR TR 16-01
Census Tract010100
Assessed Land Value$91,260
Assessed Improvement Value$1,610
Assessment Year2025
About this property
Prime 1.65-Acre Tract Near Diana, Longview & Gilmer! Located just off US Highway 259, this versatile 1.65-acre property offers the ideal setting to build your dream home, launch a business, or create a personal retreat — the possibilities are endless! The property features a covered pad, perfect for parking vehicles, storing equipment, or setting up a workshop. Conveniently situated with easy access to Diana, Longview, and Gilmer, this is a fantastic opportunity to own land in a rapidly growing area.
Investor Tools
$248,000
Estimated Property Value
$112,901Estimated Mortgage Balance
$135,099Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,324
$92,870
2025
$91,260
$1,610
$92,870
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,324
$92,870
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank
Commercial
$114,750
No
First
Jun 3, 2025
Jun 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,901
$135,099
54%
46%
$688/mo
12.4%