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Days56Days on Market
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$209,900

$225,000

9649 N US 259, Gilmer, TX, 75647

On MarketInfo
Price DropInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

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

Discover the opportunity to bring your vision to life on this versatile 2.752 acre tract perfectly positioned between Longview and Diana. Located outside city limits within Longview ISD, this property offers the freedom and flexibility that is increasingly hard to find. With excellent visibility along Hwy 259, the potential for commercial use is outstanding, making it an ideal location for a business seeking exposure and accessibility. At the same time, the depth and layout of the land create a private setting that could easily accommodate a residential development, whether you envision a small subdivision or a secluded family compound. A pole barn is already in place, providing immediate utility for storage, equipment, or workspace, with the option to keep or remove based on your plans. The combination of location, acreage, and adaptability makes this property a rare find with endless possibilities for development or investment.

Investor Tools

$112,901Estimated Mortgage Balance
$130,099Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

Interested in this property?

Julie Woods

Julie Woods & Associate RE Firm

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/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
$130,099
53%
46%
$688/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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