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Upshur 75645
4760 S State Hwy 155
$135,000
● House - Off Market

4760 S State Hwy 155

Gilmer, TX 75645
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,866 Ft²
$668
Est. Monthly

About This Property

Discover the potential of this 3-bedroom, 2-bathroom home set on a 5.5-acre lot. Built in 1967, this property is a true handyman special-ideal for flippers, investors, or buyers looking to create their dream starter home. While the house is in need of repairs and updates, it offers solid bones and endless possibilities for customization. The expansive acreage provides privacy, room to expand, and plenty of space for outdoor living or future projects. A small storage building is also included, offering convenient extra space for tools or equipment. With some vision and effort, this hidden gem can be transformed into a beautiful homestead or profitable investment.
Unit Size
1,866 Ft²
Days on Market
-
Land Size
5.57 acres
Price per sqft
$73
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 13 months ago (NTREIS #21000221)

Price History

Date / Event Date Event Price
Oct 13, 2025 Sold
Premium
Sold
Aug 11, 2025 In contract -
In contract
Jul 14, 2025 Listed by Texas Real Estate Executives $135,900
Listed by Texas Real Estate Executives

Property Highlights

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 242,411
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,006
  • Gross Building Area: 2,006
  • Building Area: 2,006
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,898
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J B B DAVENPORT SURVEY A-1
  • Land Acres: 0000005565
  • Standard Land Use Code: 1015
  • County Land Use Code: A3
  • Legal Description 1: ABS A1 DAVENPORT, J B B,TRACT 243, 5.565 ACRES & HOUSE

Neighborhood

  • School District Name: Gilmer Independent School District
  • Census Tract: 950302

Geography

  • Account Number: 001U-S02-000-243
  • Subdivision Tract Number: 243
  • Parcel: 16828
  • Municipality: GILMER
  • Latitude: 32.6769
  • Longitude: -94.9917

    Address

  • Full Address: 4760 State Highway 155 S
  • Address - House Number: 4760
  • Street Segment Direction: S
  • Address - Street Name: State Highway 155
  • State: TX
  • City Name: Gilmer
  • Carrier Code: R008
  • 4-Digit Zip Code: 8076
  • Zip Code: 75645

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $217,946
  • Initial Tax Delinquent Year: 2015
  • Tax Rate Code Area: 230 FD1 S0

    Appraisal Valuation

  • Standard Deviation: 0.4263
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 14
  • Final Value: 139,793
  • High Value: 199,388
  • Low Value: 80,197

    Market Valuation

  • Market Total Value: $194,490
  • Market Land Value: $70,730
  • Market Improvement Value: $123,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,490
  • Assessed Land Value: $70,730
  • Assessed Improvements Value: $123,760

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2014
  • Current Sale Recording Date: Mar 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201401637
  • Previous Sale Recording Date: Dec 14, 2007
  • Previous Sale Contract Date: Dec 14, 2007
  • Previous Sale Amount: $129,700
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Upshur

Stats & Trends

Median Asking:

$289,500

Sale Price/ft²

$152

Below Asking

0.04%

Average Days on Market

93

Average Home Size

2274 ft²

Average Home Age

31.5 years

Currently For Sale

58 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: Victoria Wolfe, Texas Real Estate Executives
Last Updated: 13 months ago
Data Source: NTREIS MLS, MLS# 21000221
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4760 State Highway 155 built and last sold?
The property at 4760 State Highway 155 was built in 1967 and last sold on Mar 17, 2014 for $106,900.
How much is this home worth?
The estimated value of the home located at 4760 State Highway 155 is $0.
What are some comparable homes to 4760 State Highway 155?
There are currently no comparable homes to 4760 State Highway 155.
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