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$99,000

3166 Fm 49, Gilmer, TX, 75644

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.88 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size16,117 sqft

Building Information

Year Built1993

Land Information

APN72810
Land UseResidential
Legal DescriptionABS A1 DAVENPORT, J B B,TRACT 20-1, .37 ACRES & HOUSE
Census Tract950302
Assessed Land Value$15,980
Assessed Improvement Value$45,740
Assessment Year2025

About this property

Enjoy peaceful country living at 3166 FM 49 in Gilmer! This charming 1-bedroom, 1-bath home sits on approximately 0.89 acre, offering plenty of outdoor space and a relaxed setting. Whether you're looking for a cozy full-time residence, a weekend getaway, an investment property, or a place to downsize, this property offers plenty of possibilities. The spacious lot provides room to enjoy the outdoors, add a garden, create a sitting area, or simply appreciate having a little extra space around you. Conveniently located near Gilmer while still offering that East Texas country feel. Come take a look and see the potential this property has to offer!

Investor Tools

$28,246Estimated Mortgage Balance
$66,754Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month

Interested in this property?

Bethany Nolan

Nolan Properties LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$934
$61,720
2025
$15,980
$45,740
$61,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
$934
$61,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texana Bank Na
Commercial
$32,258
No
First
Jun 5, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,246
$66,754
70%
30%
$194/mo

City: Gilmer

3166 Fm 49 | Property Details | No Agent List