Investment opportunity in Gilmer, Texas! Sitting on approximately 1.29 acres near town and close to the highway, this property offers excellent potential for rental income, future development, additional homesites, duplexes, or investment expansion opportunities.
The property includes a 2 bedroom, 1 bathroom home with approximately 780 square feet, updated flooring and carpet, plus a detached workshop or storage building with electricity. Whether you’re looking for a rental property, starter home, fixer opportunity, or land with future possibilities, this property offers flexibility and value.
This is an estate property being sold AS IS. Various personal items currently remain on site. Refrigerator is non-working and will need to be removed. Washer is non-working, while dryer remains operational. Furniture and additional items may remain with the property.
Hard-to-find acreage inside town with investment potential makes this one worth a look!
Pending
$129,900
414 Tobe St, Gilmer, TX 75644
2beds
780sqft
Single Family Residence
Built in 2001
1.29 Acres Lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
- 57 days |
- 84 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Cathy Daniels 0502250 903-680-4663,
Texas Real Estate Executives 903-680-4663
Source: NTREIS,MLS#: 21267186
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Appliances
- Included: Dryer, Electric Range, Electric Water Heater, Microwave
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 780 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 1.29 Acres
Details
- Parcel number: 52142
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 2001
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: William H Hereford
HOA
- Has HOA: No
Location
- Region: Gilmer
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $110,520
- Annual tax amount: $2,152
- Date on market: 5/11/2026
- Cumulative days on market: 56 days
Estimated market value
Not available
Estimated sales range
Not available
$968/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Pending sale | $129,900$167/sqft |
Source: | ||
| 5/11/2026 | Listed for sale | $129,900$167/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,152 +5.7% | $110,520 +7.4% |
| 2024 | $2,036 | $102,860 +8.7% |
| 2023 | -- | $94,670 +14.9% |
| 2022 | -- | $82,400 +18.7% |
| 2021 | -- | $69,400 -1.9% |
| 2020 | -- | $70,730 -1% |
| 2019 | -- | $71,480 +3.4% |
| 2018 | -- | $69,110 +0.9% |
| 2017 | -- | $68,490 +1% |
| 2016 | -- | $67,790 +0.4% |
| 2015 | -- | $67,500 -0.3% |
| 2014 | -- | $67,680 -2% |
| 2013 | -- | $69,090 -0.5% |
| 2012 | -- | $69,410 +13.2% |
| 2011 | -- | $61,310 -2% |
| 2010 | -- | $62,550 -16.8% |
| 2009 | -- | $75,200 +22% |
| 2008 | -- | $61,630 +36.3% |
| 2007 | -- | $45,221 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75644
Nearby schools
GreatSchools rating
- 8/10Gilmer Intermediate SchoolGrades: 5-6Distance: 1.1 mi
- 6/10Bruce Junior High SchoolGrades: 7-8Distance: 1.5 mi
- 6/10Gilmer High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Gilmer
- Middle: Gilmer
- High: Gilmer
- District: Gilmer ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Upshur County
- Gilmer
- 75644
- 414 Tobe St



