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Upshur 75644
9044 Aster Road
$898,000
● House - Off Market

9044 Aster Road

Gilmer, TX 75644
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,319 Ft²
$4,414
Est. Monthly

About This Property

This place sounds like an absolute dream! It's like a perfect blend of tranquility and practicality, with everything thoughtfullydesigned to enhance both comfort and functionality. The combination of a main house with great flow and an additional guesthouse offers the flexibility to accommodate various lifestyles and guests, while the workshop, solar panels and generator add alayer of convenience and preparedness. The lush, park-like backyard with a hot tub sounds like an ideal spot to unwind year-round. Plus, with the recent updates to the HVAC and roof, it seems like a move-in-ready gem. If it's listed below the currentappraisal, it sounds like a fantastic opportunity for anyone looking for a home that truly has it all.
Unit Size
2,319 Ft²
Days on Market
-
Land Size
58.52 acres
Price per sqft
$388
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (NTREIS #20620804)

Price History

Date / Event Date Event Price
Mar 14, 2025 Sold
Premium
Sold
Aug 19, 2024 Price Decreased $898,900
↓ $51K (5.4%)
Price Decreased
May 23, 2024 Price Decreased $949,900
↓ $40K (4%)
Price Decreased
May 17, 2024 Listed by Texas Real Estate Executives $989,900
Listed by Texas Real Estate Executives

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 1
  • Garage Square Area: 575
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,548,913
  • Lot Size Frontage Feet: 0
  • Total Building Area: 8,565
  • Gross Building Area: 8,565
  • Building Area: 8,565
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,319
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDLEY T POWELL SURVEY A-400
  • Land Acres: 0000058515
  • Standard Land Use Code: 1008
  • County Land Use Code: D2
  • Legal Description 1: ABS A400 POWELL, EDLEY T,TRACT 9, 58.515 ACRES & HOUSE

Neighborhood

  • School District Name: Gilmer Independent School District
  • Census Tract: 950200

Geography

  • Account Number: 400U-S02-000-009
  • Subdivision Tract Number: 9
  • Parcel: 3447
  • Municipality: GILMER
  • Latitude: 32.8606
  • Longitude: -94.8707

    Address

  • Full Address: 9044 Aster Rd
  • Address - House Number: 9044
  • Address - Street Name: Aster
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Gilmer
  • Carrier Code: R006
  • 4-Digit Zip Code: 6082
  • Zip Code: 75644

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $744,096
  • Tax Rate Code Area: 230 FD1 S0

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 61
  • Final Value: 559,103
  • High Value: 708,477
  • Low Value: 409,730

    Market Valuation

  • Market Total Value: $683,410
  • Market Land Value: $203,450
  • Market Improvement Value: $479,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,410
  • Assessed Land Value: $203,450
  • Assessed Improvements Value: $479,960

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2005
  • Current Sale Recording Date: Oct 18, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 200509052
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:

$289,750

Sale Price/ft²

$152

Below Asking

0.04%

Average Days on Market

94

Average Home Size

2269 ft²

Average Home Age

31.8 years

Currently For Sale

59 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

Rentals Near You

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NTREIS

Listed by: Victoria Wolfe, Texas Real Estate Executives
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20620804
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 9044 Aster Road built and last sold?
The property at 9044 Aster Road was built in 1999 and last sold on Oct 13, 2005 for $139,100.
How much is this home worth?
The estimated value of the home located at 9044 Aster Road is $0.
What are some comparable homes to 9044 Aster Road?
There are currently no comparable homes to 9044 Aster Road.
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