See Home Value
$119,000
● House - Off Market

414 Tobe

Gilmer, TX 75644
bedrooms
2 Beds
bathrooms
1 Bath
square feet
780 Ft²
$638
Est. Monthly

About This Property

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!
Unit Size
780 Ft²
Days on Market
-
Land Size
1.29 acres
Price per sqft
$167
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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Last updated: 3 months ago (NTREIS #21267186)

Price History

Date / Event Date Event Price
Jul 7, 2026 In contract -
In contract
Jul 7, 2026 Sold
Sold
May 11, 2026 Listed by Texas Real Estate Executives $129,900
Listed by Texas Real Estate Executives

Property Highlights


Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,314
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 780
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM H SURVEY A-200
  • Land Acres: 0000001293
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ABS A200 HEREFORD, WILLIAM H,TRACT 327, 1.2928 ACRES & HOUSE

Neighborhood

  • School District Name: Gilmer Independent School District
  • Census Tract: 950400

Geography

  • Account Number: 200U-S02-C11-327
  • Subdivision Tract Number: 327
  • Parcel: 52142
  • Municipality: GILMER
  • Latitude: 32.7407
  • Longitude: -94.9394

    Address

  • Full Address: 414 Tobe St
  • Address - House Number: 414
  • Address - Street Name: Tobe
  • Address - Suffix Type: St
  • State: TX
  • City Name: Gilmer
  • Carrier Code: C002
  • 4-Digit Zip Code: 3540
  • Zip Code: 75644

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $190,351
  • Tax Rate Code Area: 230 C11 S0

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 139,621
  • High Value: 176,923
  • Low Value: 102,319

    Market Valuation

  • Market Total Value: $94,670
  • Market Land Value: $16,900
  • Market Improvement Value: $77,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,670
  • Assessed Land Value: $16,900
  • Assessed Improvements Value: $77,770
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 Gilmer


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 800 Bradford Street, Gilmer, TX, 75644

$675 /mo

  • 1 Bed
  • 1 Bath
800 Bradford Street, Gilmer, TX, 75644 Listing by Rick Rivera
Unit for rent at 1276 Hwy 155 N, TX, 75644

$685 /mo

  • 1 Bed
  • 1 Bath
1276 Hwy 155 N, TX, 75644 Listing by Rick Rivera


Frequently Asked Questions

When was property at 414 Tobe Street built and last sold?
The property at 414 Tobe Street was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 414 Tobe Street is $131,199.
What are some comparable homes to 414 Tobe Street?
There are currently no comparable homes to 414 Tobe Street.