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$37,000

TBD SILK TREE RD (0.531 AC), Gilmer, TX, 75645

On MarketInfo
Baths0 Bath

About this property

Land for sale in Upshur County in the highly sought after Union Grove School District. Property is an open Lot. This gorgeous Lot has water, electric and internet available at the road and ready for your Home: Site Built, Mobile, Manufactured, Tiny or Barndominium. No RESTRICTION ON TYPE OF HOME. Only light restrictions to maintain property values: #1 No unregistered vehicles or boats to be kept on the subject lot. #2 No loose trash/appliances to be visible on the subject lot. #3 The subject lots shall be used for residential purposes only and no commercial activity including, but not limited to, animal breeding of any type, mechanic/tire shop etc. #4 One home per lot – duplex ok. #5 Lots 1-4 front door must face road frontage. #6 No homes older than a 2000. #7 Mobile homes must have underpinning installed. Survey available. There is a pipeline that runs along the edge of Silk Tree Rd. It is shown on the survey and is up near the fence line and should not affect the placement of a home. Great opportunity - Call today

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Karla Ditto

Coldwell Banker Lenhart-Gilmer

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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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