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Six-Unit Metal Apartment Community
For Sale
Under Contract
$599,900

6076 FM 1650, Gilmer, TX 75645

MULTI-FAMILY, Gilmer, TX

Property SizeContact for details
Lot Size2.00 Acres
Days on Market47

Property Features for 6076 FM 1650

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Living Room
Parking features Carport
Directions From Gilmer, on 154 E, 4.3 miles to 1650. 2.1 miles, property on right, no sign.
Subdivision GILMER ISD 332
Standard status Active Under Contract
Lot size 2.00 Acres

Utilities

Heating system Electric (Heating)
Cooling system Electric

Building Details

Year built 2023
Floors in Building 1
Number of units 6
Listing Agency: Texas Real Estate Executives
Listed By: Victoria Wolfe · License #0536664
Added: Aug 11 Changed: Sep 25 Last Checked: Sep 26 at 2:06AM
MLS# 20265733

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.

Investment Insights

Based on property information with market context.

This apartment property consists of six individually positioned metal homes on approximately 2 acres. Built in 2023, each residence includes 1 bedroom, 1 bath, a living room, and a carport. Electric heating and cooling serve the homes, while a 300-gallon aerobic system supports the community.

The property is located at 6076 FM 1650 in Gilmer, Texas, within Upshur County. Its separate home configuration provides a distinct physical layout compared with a traditional apartment building, with each residence arranged independently on the site.

Key Highlights

  • Six individually situated metal homes
  • Approximately 2 acres
  • Constructed in 2023

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Skin Care Clinic Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 75645, TX

10,724
Population
4,505
Households
2.4
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
144.6 sq mi
ZIP Area
74
Density / Sq Mi
$64,069
Median Household Income
$47,741
Median Earnings
$1,060
Median Rent
$178,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently constructed metal residences feature individual carports and a shared aerobic wastewater system.
Where is this apartment building located?
The property is located at 6076 FM 1650 Gilmer, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Six individually situated metal homes; Approximately 2 acres; Constructed in 2023
More about this property
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