Positioned atop a hill with outstanding visibility and approximately 5.9 acres of prime Highway 300 frontage, this unique property offers incredible potential for both residential and commercial use. Located just outside the Gilmer city limits, you'll enjoy the flexibility of a high-traffic location while remaining close to all the conveniences of town. The existing home is functional and can be lived in, rented, or utilized as office space while you develop your vision. Whether you're looking to establish a business, create a commercial investment, or secure a highly desirable tract for future development, this property provides endless possibilities. Properties with this combination of acreage, elevation, highway exposure, and location are becoming increasingly difficult to find. The hilltop setting provides excellent visibility, making it an ideal location for a variety of commercial ventures, while still offering the option to maintain it as a private residence. If you've been searching for a property with exceptional potential in one of Gilmer's most sought-after growth corridors, this is an opportunity you won't want to miss. Schedule your private showing today and imagine the possibilities.
For sale
$415,000
1244 Floyd Rd, Gilmer, TX 75645
3beds
1,420sqft
Single Family Residence
Built in 1966
5.9 Acres Lot
$397,700 Zestimate®
$292/sqft
$-- HOA
What's special
Excellent visibilityExisting home is functionalHilltop setting
- 39 days
- 84
- 1
Zillow last checked:
Listing updated:
Listed by:
Laura McDaniel 903-918-2698,
Ember Realty
Source: LGVBOARD,MLS#: 20265204
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central Gas
Cooling
- Central Electric
Appliances
- Included: Other Water Heater
Features
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,420 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Faces Side
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Metal Fence
Lot
- Size: 5.9 Acres
Details
- Additional structures: None
- Parcel number: 42617
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1966
Utilities & green energy
- Gas: Gas
- Water: Well, Well
- Utilities for property: Electricity Available
Community & HOA
Location
- Region: Gilmer
Financial & listing details
- Price per square foot: $292/sqft
- Tax assessed value: $210,120
- Annual tax amount: $3,332
- Price range: $415K - $415K
- Date on market: 7/21/2026
- Listing terms: Cash,Conventional
- Exclusions: personal items
Estimated market value
$397,700
$378,000 - $418,000
$1,584/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $415,000$292/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,181 +714.9% | $210,120 +9% |
| 2024 | $390 | $192,854 +10% |
| 2023 | -- | $175,322 +18.9% |
| 2022 | -- | $147,474 +10.3% |
| 2021 | -- | $133,700 -1.7% |
| 2020 | -- | $136,030 +0.2% |
| 2019 | -- | $135,810 +7.5% |
| 2018 | -- | $126,290 +0.9% |
| 2017 | -- | $125,200 +0.3% |
| 2016 | -- | $124,800 +0.2% |
| 2015 | -- | $124,540 +2.7% |
| 2014 | -- | $121,280 -4.3% |
| 2013 | -- | $126,740 +0.7% |
| 2012 | -- | $125,800 +0.2% |
| 2011 | -- | $125,550 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 75645
Nearby schools
Schools provided by the listing agent
- District: Gilmer
Source: LGVBOARD. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



