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$449,900

Beds
3
Baths
2.5
sq ft
2,262

2866 Redwood Rd, Gilmer, TX 75645

2866 Redwood Rd

Gilmer, TX 75645

  • 110 days on market
Nestled in the heart of East Texas, this charming country retreat in Gilmer offers a perfect blend of comfort, space, and rural living within the desirable Union Grove ISD. With 20 acres of sprawling land, this property is livestock-ready and provides endless opportunities for agriculture, outdoor activities, or simply enjoying the tranquility of nature. The home itself is a spacious 3-bedroom layout with the potential for a 4th bedroom, making it ideal for those needing extra space. Featuring 2.5 baths, this home ensures convenience and comfort for everyone. The large living room serves as the central gathering spot, providing plenty of space for entertaining guests. A dedicated office offers a quiet space for work or study, and the galley kitchen boasts functionality and efficiency, perfect for preparing meals while staying connected with the living spaces. Outside, the property truly shines. In addition to the wide-open spaces, a storage building is included, offering ample room for tools, equipment, or any projects you may want to tackle. The land is fully equipped for livestock, providing a perfect setup for those interested in farming or keeping animals. Whether you’re looking for a peaceful homestead, a working farm, or simply a place to escape the hustle and bustle, this property offers it all. Located just minutes from Gilmer, with easy access to nearby towns, this property offers the perfect balance of rural privacy and convenient proximity to local amenities. Don’t miss this rare opportunity to own a spacious home and expansive land in the beautiful Texas countryside.

Details

Property type

Single Family Residence

Est. home value

$452,024

Lot size

20.00 acres

Price per sq ft

$199

Year built

1973

Annual property taxes

$5,912.57

Price History

09/05/2024
Longview

Longview #20245533

Listed
$449,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Union Grove ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$136,511
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$277,397
Cash to seller
$136,511

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

June 2020

Original loan amount

$306,375

Est. remaining balance

$277,397

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

Lyneisa Davidson and Joe Davidson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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2027 Redwood Rd, Gilmer, TX 75645

Status: Active

Tomo last checked: 12/23/2024 at 11:10 PM

Listing updated: 11/26/2024 at 3:43 PM

Listed by: Jeremy Cuba, Texas Real Estate Executives, The Daniels Group - Gilmer Phone #: (903) 680-4663

MLS: Longview #20245533

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