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$550,000

Beds
3
Baths
2.0
sq ft
2,400

7443 FM 1650, Gilmer, TX 75645

7443 FM 1650

Gilmer, TX 75645

  • 191 days on market
    • Price drop $39,900↓
Centrally located between Gilmer and Longview is this beautiful one of a kind property. The home has a warm country feel that makes you want to call it home. It is a 3 bedroom 2 bath metal home on almost 10 acres. It is beautifully decorated with a stone and brick wood burning fireplace with an insert. From top to bottom, this home has tile floors and crown molding. The kitchen dining area is aesthetically pleasing with beautiful cabinets, counters and a pellet burning stove. The master suite has a large walkin closet, bedroom and bathroom with a walkin shower. The guest bedroom is oversized and has an attached craft room, sewing room with tons of storage space. The third bedroom could be used for an office and has a bath as well. Just outside the office sits a perfect room for your personal gym area or a great place for storage. Outside there are nine acres which are fenced and cross fenced with improved grass. It has a loafing shed, a barn, a large workshop, chicken coop, storage buildings and a pond. Should you be a horse lover, there is an 80-foot round pen for training your horses. In the front of the property is a very well-built log home that is currently used as a beauty salon. This log home could be used for a guest house, mother-in law living quarters, a convenience store, small restaurant or anything else you might imagine. This is one you will want to schedule a showing for as soon as possible. This is a wonderful piece of East Texas heaven.

Details

Property type

Single Family Residence

Est. home value

$610,013

Lot size

9.90 acres

Price per sq ft

$230

Year built

Unknown

Annual property taxes

$1,302.51

Price History

05/31/2024
TylerTX

TylerTX #24003445

Price change
$550,000
-6.76%
05/24/2024
TylerTX

TylerTX #24003445

Price change
$589,900
-1.67%
03/11/2024
TylerTX

TylerTX #24003445

Listed
$599,900

Schools & Community

Elementary school: 

Gilmer

Middle school: 

Gilmer

High school: 

Gilmer

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?

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Status: Active

Tomo last checked: 09/19/2024 at 2:05 PM

Listing updated: 09/05/2024 at 12:40 PM

Listed by: Justin A Mahaffey, Texas Premier Realty

MLS: TylerTX #24003445

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