For sale

Price cut: $2.4K (6/16)

$234,500

500 Madelaine Dr, Gilmer, TX 75644

3beds

1,910sqft

$1,693/mo

Get pre-qualified

Single Family Residence

Built in 1962

0.4 Acres Lot

$231,600 Zestimate^®

$123/sqft

$-- HOA

What's special

Storage buildingCovered back patioFenced in backyard

Looking for something move-in ready, check out this 3/2/2 home in Gilmer ISD! Home offers lots of space, including a bonus living room that could be used for a Game room or Office! Updates include painting, floors, and much more! Covered back patio to enjoy your coffee in the mornings! Fenced in backyard with storage building to store lawn supplies, tools, or toys. Great location that's close to schools, healthcare, and shopping. You don't want to miss this one! Call to set your appointment up today.

210 days

146

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Living Room, Family Room, 2 Living Areas

Bedroom

Features: Walk-In Closet(s)

Bathroom

Features: Shower Only, Shower/Tub, Tile Counters

Dining room

Features: Den/Dining Combo

Heating

Central Gas

Cooling

Central Electric

Appliances

Included: Gas Oven, Electric Cooktop, Gas Water Heater

Features

Ceiling Fan(s), Ceiling Fans, High Speed Internet, Breakfast Bar, Eat-in Kitchen
Flooring: Vinyl
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 1,910 sqft

Property

Parking

Total spaces: 2
Parking features: Carport, Garage Faces Side, Attached, Rear/Side Entry, Circular Driveway, Concrete
Garage spaces: 2
Has carport: Yes
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered, Porch
Pool features: None
Fencing: Chain Link

Lot

Size: 0.4 Acres
Dimensions: 114 x 158.50
Features: Landscaped, Corner

Details

Additional structures: Storage, Storage Buildings
Parcel number: 270301

Construction

Type & style

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

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

Year built: 1962

Utilities & green energy

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

Community & HOA

Location

Region: Gilmer

Financial & listing details

Price per square foot: $123/sqft
Tax assessed value: $201,100
Annual tax amount: $2,074
Price range: $234.5K - $234.5K
Date on market: 1/21/2026
Listing terms: Cash,FHA,Conventional,VA Loan
Exclusions: Personal Property
Road surface type: Concrete

Estimated market value

$231,600

$220,000 - $243,000

$1,860/mo

Price history

Date	Event	Price
6/16/2026	Price change	$234,500-1%$123/sqft
Source: LGVBOARD #20260455 Report a problem
4/26/2026	Price change	$236,900-1.3%$124/sqft
Source: LGVBOARD #20260455 Report a problem
1/21/2026	Listed for sale	$240,000+7.1%$126/sqft
Source: LGVBOARD #20260455 Report a problem
5/6/2024	Listing removed	--
Source: LGVBOARD #20240638 Report a problem
4/15/2024	Price change	$224,000-2.6%$117/sqft
Source: LGVBOARD #20240638 Report a problem
3/12/2024	Price change	$229,900-2.1%$120/sqft
Source: LGVBOARD #20240638 Report a problem
2/5/2024	Listed for sale	$234,900$123/sqft
Source: LGVBOARD #20240638 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,074 -2.1%	$184,023 +10%
2024	$2,119	$167,294 +10%
2023	--	$152,085 +10%
2022	--	$138,259 +10%
2021	--	$125,690 +5.5%
2020	--	$119,110 -0.8%
2019	--	$120,100 +2.3%
2018	--	$117,390 +1.4%
2017	--	$115,750 +6.1%
2016	--	$109,100 +2.3%
2015	--	$106,610 -4.3%
2014	--	$111,360 +10%
2013	--	$101,260 +5.3%
2012	--	$96,190 +1.5%
2011	--	$94,780 -6.5%
2010	--	$101,410 +6.7%
2009	--	$95,060 -4.2%
2008	--	$99,220 -0.1%
2007	--	$99,320