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$725,000

TBD FM 2796, Gilmer, TX, 75644

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Secluded acreage now up for grabs in Upshur County. Unbelievable East Texas Views Overlooking the Piney Woods of East Texas....Highway frontage opens to, rolling hilltop views, overlooking the tract. Large draws and streams on the property would lend itself to a large pond or lake to be built on the property. Recent Harvest of timber partnered with the leveling and clearing of the property allow for future growth of both planted pine as well as hardwood timber. Some areas of new growth pine are still in place. The abundance of iron ore and gravel could allow for future income if you chose to continue the iron ore operations. Natural hills and valleys of this property would make a fantastic ATV park, playground or private hunting area. Large transmission lines run through the property, potentially allowing for future solar farm use. Easy access to Gilmer and the Barnwell Mountain Recreational Area, as well as nearby Lake O' the Pines.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

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

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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