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$259,900

1002 Forest Hills St, Gladewater, TX, 75647

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.49 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range

Exterior

Exterior FeaturesOther
Lot Size18,230 sqft

Building Information

Year Built1977
Stories1
Roof Type109
Garage Spaces2

Land Information

APN2475010001-002-00-01
Lot Number2
SubdivisionForest Hills
Land UseResidential
Legal DescriptionLT 2 BLK 1 FOREST HILL #1
Census Tract010202
Assessed Land Value$10,530
Assessed Improvement Value$232,050
Assessment Year2025

About this property

Welcome to 1002 Forest Hills St in Gladewater, TX. This well-maintained home offers a comfortable layout along with several recent improvements. The updated kitchen features a refreshed look and provides an inviting space for cooking and entertaining. Additional updates include the roof and HVAC system, adding value and peace of mind. The outdoor space features a swimming pool with a new pool liner, creating a great setting for relaxing or entertaining. Situated on a spacious lot with mature surroundings, this property combines indoor comfort, outdoor enjoyment, and important recent updates.

Investor Tools

$156,721Estimated Mortgage Balance
$85,859Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Jared English

Congress Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,470
$242,580
2025
$10,530
$232,050
$242,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,470
$242,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$160,765
Yes
First
Mar 28, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,721
$85,859
35%
65%
$964/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gladewater

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