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    Residential Income Property with Three Homes Title is generated by Realmo AI

    2988 State Hwy 154 E, Gilmer, TX 75645

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    Claim this Listing
    New
    For Sale
    $289,000

    MULTI_FAMILY - Gilmer, TX

    Lot size:
    1.40 Acres
    Added:
    Jun 22, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 24 at 3:06 am

    Property Features for 2988 State Hwy 154 E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Carport
    Standard status
    Active
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1799

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Window Unit(s), Central Air

    Building Details

    Year built
    1970
    Number of units
    3

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    Listing Contact
    Cristina Drennan

    Listing agent Cristina Drennan License #0675313

    Listing office Texas Real Estate Executives 117 Simpson, GILMER, TX

    Listing date Jun 22, 2026

    MLS# 20264447 Listing URL

    Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.4‑acre cottage‑style property with 3 homes, including a 3‑bed, 1‑bath main home
    • Main home updates include aerobic system, roof, and upgraded electrical; HVAC replaced inside and out about 6 years ago
    • Carport with enclosed parking area; heating and cooling include central and electric options
    • MIL suite has its own private entrance, kitchen and full bath, slab foundation, metal roof, and covered parking for 2 cars plus storage building
    • Tiny home is described as like new with instant water heater and a 30‑amp RV‑ready hookup
    • Over an acre of backyard includes a small playground, family area, and a shaded walking trail

    Overview

    This cottage-style residential income property includes three homes on 1.4 acres. The main home offers three bedrooms and one bath with original hardwood flooring, plus updated systems over recent years, including an aerobic system, roof, and upgraded electrical. The HVAC was replaced inside and out about six years ago, and the property also features an enclosed carport.

    A separate MIL suite sits on a slab foundation with a metal roof. It includes a large bedroom with a kitchen and full bath, a private entrance, its own drive, covered parking for two cars, and a storage building. The third home is a tiny home described as like new, with an instant water heater and a 30-amp RV-ready hookup, also accessed via its own private drive.

    The backyard spans more than an acre and includes a small playground, a family area, and a shaded walking trail. The layout supports a range of tenant or family configurations while maintaining separation between the homes. The property is located just minutes from Gilmer and less than 20 minutes to Longview, with the address on State Hwy 154 E.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Kitchen & Bath Showroom Discount Store Electronics & Wireless Store Plumbing Service Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.894538
    Latitude
    32.714547

    FAQs

    What type of property is this?
    Triplex - Three distinct homes on 1.4 acres offer flexible living arrangements with private entrances and separate drives.
    Where is this triplex located?
    The property is located at 2988 State Hwy 154 E Gilmer, TX.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: 1.4‑acre cottage‑style property with 3 homes, including a 3‑bed, 1‑bath main home; Main home updates include aerobic system, roof, and upgraded electrical; HVAC replaced inside and out about 6 years ago; Carport with enclosed parking area; heating and cooling include central and electric options
    More about this property
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