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Owner
$132,926
5057 US HIGHWAY 271 N, GILMER, TX
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
0
baths
1
sq. ft.
1,840
property type
Misc Residential Improvement
hoa
No

About

Residential
Total Area
Central
Central

Financial Overview

Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property

Property Features

Year Built
Building Size
1,840 sq ft
Lot Size
39,335 sq ft
Lot Size (Acres)
0.90 acres

Distressed Property Status

In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property

Property Location Details

Parcel Number (APN)
41376
County
Upshur County, TX
Metro Area
Longview, TX
Zoning
Neighborhood/Subdivision
EATON SURVEY A-87
Lot Number
School District
Union Hill Independent School District
Legal Description
ABS A87 CRANFILL, EATON,TRACT 12, .903 ACRES & HOUSE

Tax & Value Information

Market Value (Total)
$98,720
Building Value
$81,140
Land Value
$17,580
Annual Property Tax
Tax Assessment Year
2023
Assessed Value
$98,720
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
Last Sale Contract Date
5/11/2015
Recording Date
5/11/2015
Sales Document #
2015.2749
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Include
Address
Sale Date
Sale Price
Sq.Ft.
Bed/Bath
Lot Size
Year
$/Sq.Ft.
Distance
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$5,144
Return on Investment
15.60%
After Repair Value
$146,219

Basic Inputs

Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details

Purchase Price
$119,633
Renovation Cost
$6,646
Closing Costs (buying)
$2,393
Holding Costs
$3,630
Selling Costs
$8,773
Total Investment
$32,966
After Repair Value (ARV)
$146,219
Total Costs
$141,075
Estimated Profit
$5,144
Cash Invested
$30,573
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Date
Action
Price
PPSF
DOM
Agent
Brokerage
MLS/Listing #
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112015
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112016
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112017
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112018
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area