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$175,000

TBD KATIE LN, Gilmer, TX, 75644

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About this property

Build your dream home on this beautiful waterfront lot overlooking Gilmer Lake in Gilmer ISD. Spanning approximately 1.449 acres, this exceptional property offers approximately 160 feet of lake frontage and 400 feet of road frontage, providing an ideal combination of stunning water views, convenient access, and privacy. Utilities are available at the road, making it ready for your vision. Whether you're planning a full-time residence or weekend retreat, you'll enjoy breathtaking lake views, spectacular East Texas sunsets, and easy access to the Gilmer Lake Boat Ramp just minutes away. Don't miss this opportunity to own a premier waterfront homesite in one of Gilmer's growing lake communities.

Investor Tools

$0Estimated Mortgage Balance
$175,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Sarah Bell

Texas Real Estate Executives

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Financing Details

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

City: Gilmer

TBD KATIE LN | Property Details | No Agent List