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    280 Colt Rd Gilmer, TX 75645

    For Sale
    $560,000

    Business - Gilmer, TX

    Type:Business
    Lot size:
    10.00 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for 280 Colt Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    000065092461
    Lot size
    10.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Ceiling Fan(s)

    Building Details

    Flooring type
    Other
    Roof type
    Composition
    Architectural style
    Other

    Norris Real Estate (903) 371-6110

    Listing agent Daniel Shipman (903) 371-6110 License #0785224

    Listing date Oct 1, 2025

    MLS# 21073581 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Mobile Home Investment Opportunity

    This turnkey investment opportunity features five well-maintained mobile homes situated on 10 acres located between Gilmer and Gladewater, TX, within the Union Grove Independent School District. The property is currently generating $5,300 per month in rental income, with all units fully rented. The location offers privacy and room for expansion, along with convenient access to major roads, schools, and shopping. This property is suited for investors seeking a reliable cash-flow asset with long-term tenants already in place in a convenient East Texas location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.954617
    Latitude
    32.623965

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    FAQs

    What type of property is this?
    Mobile home & RV park - Five mobile homes on 10 acres, generating steady rental income.
    Where is this mobile home & rv park located?
    The property is located at 280 Colt Rd Gilmer, TX.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: - Turnkey investment property generating $5,300/month in rental income.; - Five fully rented, well-maintained mobile homes with long-term tenants.; - Located on 10 acres offering privacy and room for expansion.
    (903) 371-6110
    Request Owner's contact information
    280 Colt Rd Gilmer, TX 75645
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    Gilmer, TX 75645
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    280 Colt Rd Gilmer, TX 75645
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