See Home Value
Upshur 75647
2450 Silk Tree Road
$480,000
● House - Off Market

2450 Silk Tree Road

Gilmer, TX 75645
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,512 Ft²
$2,981
Est. Monthly
3.05%
Cap Rate

About This Property

Discover this inviting 2,512 sq ft ranch-style home featuring durable cement board siding and a cozy wood-burning stove fireplace. The thoughtful split floor plan includes 3 bedrooms and 2 bathrooms, ensuring plenty of room for comfort. Faux dormer windows add an extra touch of charm. The kitchen and dining area features stainless appliances, granite countertops with large windows and storage for all of your kitchen tools and appliances. The well thought out size of this space had entertaining at the top of its list. Step outside to enjoy a large back deck, perfect for entertaining, complete with a hot tub and a 30 ft round pool-ideal for summer relaxation. The property is fully fenced 5.6 ACRES for privacy and security, enhanced by an electronic gate for added peace of mind. A breezeway leads to a detached 2-car garage, while additional features include a spacious 30x40 shop with two roll-up doors and an unfinished efficiency apartment-offering endless possibilities for use. There's also a 40 ft conex storage container with two 20x40 overhangs, providing added space for all your outdoor gear and tools. Theres also a 45ft RV cover! For added convenience, this home is equipped with a whole-house Generac generator, ensuring you're prepared for any power outages. With community water and co-op electric services, this property is perfect for those seeking a blend of comfort, space, and outdoor living
Unit Size
2,512 Ft²
Days on Market
-
Land Size
5.60 acres
Price per sqft
$199
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20771861)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Sold
Nov 23, 2024 In contract -
In contract
Nov 6, 2024 Listed by Texas Real Estate Executives $499,000
Listed by Texas Real Estate Executives

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 896
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 244,023
  • Lot Size Frontage Feet: 0
  • Total Building Area: 6,940
  • Gross Building Area: 6,940
  • Building Area: 6,940
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLEFORD ESTATE
  • Land Acres: 0000005602
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: LOT 4 - 5, BLK PH 1 WILLEFORD ESTATE S408 (A392) 5.602 ACRES & HOUSE

Neighborhood

  • School District Name: Union Grove Independent School District
  • Census Tract: 950700

Geography

  • Account Number: S408-S08-000-PH1LT4-5
  • Parcel: 300512
  • Lot: 4,5
  • Municipality: GILMER
  • Latitude: 32.6061
  • Longitude: -94.9278

    Address

  • Full Address: 2450 Silk Tree Rd
  • Address - House Number: 2450
  • Address - Street Name: Silk Tree
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Gilmer
  • Carrier Code: R010
  • 4-Digit Zip Code: 7664
  • Zip Code: 75645

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $636,442
  • Tax Rate Code Area: 230 FD1 S0

    Appraisal Valuation

  • Standard Deviation: 0.2624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 380,917
  • High Value: 480,902
  • Low Value: 280,932

    Market Valuation

  • Market Total Value: $393,960
  • Market Land Value: $67,440
  • Market Improvement Value: $326,520

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,960
  • Assessed Land Value: $67,440
  • Assessed Improvements Value: $326,520

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Jan 29, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201800518
  • Previous Sale Recording Date: Oct 06, 2015
  • Previous Sale Contract Date: Oct 02, 2015
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Upshur


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Frequently Asked Questions

When was property at 2450 Silk Tree Road built and last sold?
The property at 2450 Silk Tree Road was built in 2006 and last sold on Jan 26, 2018 for $288,600.
How much is this home worth?
The estimated value of the home located at 2450 Silk Tree Road is $0.
What are some comparable homes to 2450 Silk Tree Road?
There are currently no comparable homes to 2450 Silk Tree Road.