Investment opportunity in Gilmer, Texas! Sitting on approximately 1.29 acres near town and close to the highway, this property offers excellent potential for rental income, future development, additional homesites, duplexes, or investment expansion opportunities. The property includes a 2 bedroom, 1 bathroom home with approximately 780 square feet, updated flooring and carpet, plus a detached workshop or storage building with electricity. Whether you're looking for a rental property, starter home, fixer opportunity, or land with future possibilities, this property offers flexibility and value. This is an estate property being sold AS IS. Various personal items currently remain on site. Refrigerator is non-working and will need to be removed. Washer is non-working, while dryer remains operational. Furniture and additional items may remain with the property. Hard-to-find acreage inside town with investment potential makes this one worth a look!

Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 2:50 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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414 TobeGilmer, TX 75645Price: $129,900

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414 TobeGilmer, TX 75645Price: $129,900

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