tomo logo

$528,500

Beds
3
Baths
2.0
sq ft
2,400

7443 FM 1650, Gilmer, TX 75645

7443 FM 1650

Gilmer, TX 75645

  • 1 day on market
Multiple opportunities for this country home...The property consists of a steel frame home, separate commercial building, 9.957 acres of fenced/cross-fenced pasture land with pond, air-conditioned 24x24 workshop, barn, and multiple storage & outbuildings located on the property. The 2400 sqft metal home features 3 bedrooms/2 baths, stained concrete & tile flooring throughout, spacious living room w/ vaulted ceilings & a stone wood burning fireplace, open kitchen/dining area, large bedrooms, tons of storage, and numerous areas that could serve as a home office. The 816 sqft log cabin is currently being used as a commercial property. It features vaulted ceilings, stained concrete flooring, front & back porches, craftsmanship woodworking, and one bathroom. It could easily be modified to serve as a one bedroom/one bath residence. The 9.957 acre tract has road frontage on both FM 1650 & 726. There are multiple build sites for additional homes or new construction. Please call today to schedule a showing!

Details

Property type

Single Family Residence

Est. home value

$610,013

Lot size

9.96 acres

Price per sq ft

$221

Year built

2003

Annual property taxes

$1,328

Price History

01/14/2025
Longview

Longview #20250275

Listed
$528,500
09/07/2024
NTREIS

NTREIS #20575706

Removed
05/31/2024
NTREIS

NTREIS #20575706

Price change
$550,000
-6.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Gilmer ISD

Seller’s Loan History

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

Lender

Southside Bank

Loan start date

July 2018

Original loan amount

$143,500

Est. remaining balance

Not provided

Interest rate

4.54%

Loan type

Stand Alone First, 30 year

Seller

Jason Foster and Tina Foster

Lender

Southside Bank

Loan start date

January 2017

Original loan amount

$55,300

Est. remaining balance

Not provided

Interest rate

4.08%

Loan type

Commercial, 20 year

Seller

Jason Foster and Tina Foster

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?

Status: Active

Tomo last checked: 01/15/2025 at 4:50 PM

Listing updated: 01/15/2025 at 1:22 PM

Listed by: Stephen Skinner, Coldwell Banker Lenhart Phone #: (903) 753-0447

MLS: Longview #20250275

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