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$129,900 Just Listed
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Property Description
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/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!
Full Property Details
Full Property Details for 414 Tobe
General
- Price: $129,900
- Taxes: $2,075 (2026)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 26006681
- Updated: 5/11/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: 1 Living Area
- Interior Features: Ceiling Fan, Washer Hookup, Electric Dryer Hookup
- Fireplace(s): None
- Appliances: Range/Oven-Electric, Microwave
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Other/See Remarks
Other Rooms
- Dining Room: Kitchen/Eating Combo
Additional Information
- Pool Description: None
Exterior
- Exterior Features: Porch
Parking
- Garage Description: Rear Entry, Workshop Area
Location
- County: Upshur
- Subdivision: William H Hereford
- Driving Directions: Head north on 271 in Gilmer, turn right on Tobe St before Win Auto Center and Whataburger. House on left on corner of Tobe and Marable St. Sign in yard.
School Information
- Elementary School: Gilmer
- Middle School: Gilmer
- High School: Gilmer
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Central/Electric
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Siding
- Foundation: Slab
- Roof: Composition
- Square Feet: 780
- Sq. Ft. Source: Tax
- Year Built: 2001
Lot Features
- Fencing (Description): None
Financial Considerations
- Tax Amount: $2,075
- Tax Year: 2026
Disclosures and Reports
- Special Conditions: None
Listed by Texas Real Estate Executives-Gilmer, Cathy Daniels
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Schools
Schools serving 414 Tobe
School District:Gilmer Independent School District
| Name | Grades | Distance |
|---|---|---|
Gilmer Elementary School 1625 Us Hwy 271 N, Gilmer, TX 75644 | PK-4 | 1.2 mi |
Bruce J High School 111 Bruce St, Gilmer, TX 75644 | 7-8 | 1.5 mi |
Gilmer High School 850 Buffalo Street, Gilmer, TX 75644 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 414 Tobe
Date
Details
Price
Change
Source
5/11/2026
Listed
$129,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 414 Tobe
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,152
8%
$110,520
7%
2022
$1,994
—
$102,860
9%
2022
$1,994
—
$94,670
15%
2022
$1,994
9%
$82,400
19%
2021
$1,832
—
$69,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 414 Tobe
414 Tobe, Gilmer, TX 75645 (MLS# 26006681) is a Single Family property with 2 bedrooms and 1 full bathroom. 414 Tobe is currently listed for $129,900 and was received on May 11, 2026. Want to learn more about 414 Tobe? Do you have questions about finding other Single Family real estate for sale in Gilmer? You can browse all Gilmer real estate or contact a Coldwell Banker agent to request more information.

