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Six-Unit Apartment Community
New
For Sale
$599,900

6076 FM 1650, Gilmer, TX 75645

MULTI_FAMILY - Gilmer, TX

Property SizeContact for details
Lot Size2.00 Acres
Days on Market1

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
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 Last Checked: Aug 11 at 5:06PM
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.

Located at 6076 FM 1650 in Gilmer, Texas, this apartment property comprises six separately positioned metal residences completed in 2023. Each unit includes one bedroom, one bathroom, and a carport, with electric heating and cooling serving the homes.

The community occupies approximately 2 acres and is supported by a 300-gallon aerobic system. The configuration provides six distinct residential units within a compact multifamily setting, with a living room included in each home.

Key Highlights

  • Six metal residences completed in 2023
  • Approximately 2 acres in Gilmer, TX
  • Each unit includes 1 bedroom and 1 bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

5
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Modern one-bedroom residences with individual carports, electric heating and cooling, and an on-site 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 metal residences completed in 2023; Approximately 2 acres in Gilmer, TX; Each unit includes 1 bedroom and 1 bathroom
More about this property
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