For sale

Price cut: $20K (9/15)

$155,000

321 E Butler St, Diana, TX 75644

5beds

4,080sqft

$1,236/mo

Get pre-qualified

Single Family Residence

Built in 1950

7,840 Square Feet Lot

$-- Zestimate^®

$38/sqft

$-- HOA

What's special

Spacious lotMultiple living spaces

Investor special in the heart of Gilmer! This income-producing property offers endless potential for investors looking to expand their portfolio. Situated on a spacious lot near downtown amenities, this property features multiple living spaces with opportunity for rental income, renovation, or redevelopment. Conveniently located close to shopping, schools, and restaurants with easy access to major highways. This property is also perfect for someone looking to put in a little work and transform it into an amazing family home. With tons of space and endless possibilities, you can truly make this property your own while adding incredible value along the way. Whether you’re looking for your next flip project, long-term rental investment, or future dream home, this property is priced to sell at just $175,000. Don’t miss your chance to own a great investment property with tons of potential in a growing area!

123 days
478
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Family Room, 2 Living Areas

Heating

Central Electric

Cooling

Central Electric

Appliances

Included: Electric Water Heater

Features

Ceiling Fans
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 4,080 sqft

Property

Parking

Total spaces: 2
Parking features: Garage, Garage Faces Side, Attached
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Patio, Covered, Porch
Pool features: None
Fencing: None

Lot

Size: 7,840 Square Feet
Features: Corner

Details

Additional structures: None
Parcel number: 3762

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Stone/Rock
Foundation: Slab
Roof: Composition

Condition

Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public Water, City
Utilities for property: Electricity Available

Community & HOA

Location

Region: Diana

Financial & listing details

Price per square foot: $38/sqft
Tax assessed value: $189,750
Annual tax amount: $2,624
Price range: $155K - $155K
Date on market: 5/26/2026
Listing terms: Cash,Conventional
Exclusions: None

Estimated market value

Not available

Estimated sales range

Not available

$3,301/mo

Price history

Date	Event	Price
9/15/2026	Price change	$155,000-11.4%$38/sqft
Source: LGVBOARD #20263769 Report a problem
5/26/2026	Listed for sale	$175,000$43/sqft
Source: LGVBOARD #20263769 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,695 -3.6%	$189,750 -2%
2024	$3,833	$193,670 +5.8%
2023	--	$183,080 +19.7%
2022	--	$152,950 +44.3%
2021	--	$106,020 -0.6%
2020	--	$106,670 +1.3%
2019	--	$105,270 +19.3%
2018	--	$88,270 +47.1%
2017	--	$60,020 -5.4%
2016	--	$63,460 +18.9%
2015	--	$53,370 +3.5%
2014	--	$51,570 +6.4%
2013	--	$48,490
2012	--	$48,490 -37.6%
2011	--	$77,710 -3.1%
2010	--	$80,230 -5.9%
2009	--	$85,250 -2.9%
2008	--	$87,770 -5.5%
2007	--	$92,910