Great Starter Home or Investment Opportunity! Priced to sell! This older home features 2 large bedrooms and 1 bathroom (which was recently updated), and is located in a nice, established neighborhood close to schools. Ideal for first-time buyers, this home offers an affordable path to homeownership with the opportunity to build equity through remodeling. While in need of updates, the property is currently comfortably livable, allowing buyers to make improvements over time. The fully fenced yard with convenient alley access from the backyard provides added privacy and functionality, and new windows bring in plenty of natural light. Great investment property.
For sale
$125,000
601 Walnut St, Gilmer, TX 75644
2beds
1,261sqft
Single Family Residence
Built in 1950
0.37 Acres Lot
$-- Zestimate®
$99/sqft
$-- HOA
What's special
Fully fenced yard
- 176 days |
- 139 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Salvador Caballero 855-456-4945,
ListWithFreedom.com
Source: LGVBOARD,MLS#: 20260087
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Area: 195
- Dimensions: 13 x 15
Bedroom 2
- Area: 195
- Dimensions: 13 x 15
Dining room
- Area: 165
- Dimensions: 11 x 15
Kitchen
- Area: 135
- Dimensions: 9 x 15
Living room
- Area: 225
- Dimensions: 15 x 15
Heating
- Central Gas
Cooling
- Central Electric
Appliances
- Included: Gas Range/Oven, Refrigerator, No Water Heater
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,261 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage, Garage Faces Front, Attached, Gravel
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Wood,Chain Link
Lot
- Size: 0.37 Acres
- Dimensions: 84x194x88x194
- Topography: Level
Details
- Additional structures: None
- Parcel number: 44622
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood/Frame
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public Water, City
- Utilities for property: Electricity Available
Community & HOA
Location
- Region: Gilmer
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $115,220
- Annual tax amount: $2,243
- Price range: $125K - $125K
- Date on market: 1/7/2026
- Listing terms: Cash,FHA,Conventional,VA Loan
- Exclusions: No
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Listed for sale | $125,000-7.3%$99/sqft |
Source:  LGVBOARD #20260087 Report a problem | ||
| 10/27/2022 | Listing removed | -- |
Source: LGVBOARD #20221575 Report a problem | ||
| 9/19/2022 | Price change | $134,900-3.6%$107/sqft |
Source: LGVBOARD #20221575 Report a problem | ||
| 4/19/2022 | Price change | $139,900-3.5%$111/sqft |
Source: LGVBOARD #20221575 Report a problem | ||
| 3/18/2022 | Listed for sale | $144,900$115/sqft |
Source: LGVBOARD #20221575 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,244 -12.6% | $115,220 -11.2% |
| 2024 | $2,568 | $129,744 +20% |
| 2023 | -- | $108,120 -6.1% |
| 2022 | -- | $115,090 +95.2% |
| 2021 | -- | $58,950 +11% |
| 2020 | -- | $53,090 -3.4% |
| 2019 | -- | $54,960 +5.2% |
| 2018 | -- | $52,230 +1% |
| 2017 | -- | $51,720 +14.5% |
| 2016 | -- | $45,190 -3.7% |
| 2015 | -- | $46,930 -2.1% |
| 2014 | -- | $47,940 -0.4% |
| 2013 | -- | $48,110 -2.1% |
| 2012 | -- | $49,140 -1.5% |
| 2011 | -- | $49,880 -4.5% |
| 2010 | -- | $52,240 -1.2% |
| 2009 | -- | $52,870 -5.6% |
| 2008 | -- | $55,980 -0.8% |
| 2007 | -- | $56,440 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 1.5 mi
- 6/10Bruce Junior High SchoolGrades: 7-8Distance: 1.2 mi
- 6/10Gilmer High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Gilmer ISD
Source: LGVBOARD. 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.
- Texas
- Upshur County
- Gilmer
- 75644
- 601 Walnut St
Nearby cities
Nearby zip codes
Other Gilmer Topics
