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$220,000

NAL Estimated Property Value

1022 Kay, Gladewater, TX, 75647

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.67 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Microwave, Gas Water Heater
FlooringVinyl

Exterior

Lot Size6,534 sqft

Building Information

Year Built1973
Garage Spaces1

Land Information

APN13494
Lot Number17
Land UseResidential
Legal DescriptionLOT 17 SPT, BLK 3 KAY ACRES S225 (A8) .15 ACRES & HOUSE
Census Tract950600
Assessed Land Value$36,500
Assessed Improvement Value$147,230
Assessment Year2025

About this property

Completely remodeled and move-in ready, this beautifully updated brick home in Gladewater offers the perfect blend of charm, modern finishes, and functional design. Taken down to the studs and thoughtfully renovated, this 3-bedroom home showcases extensive upgrades throughout and is located in a desirable, established neighborhood. Inside, you’ll find durable vinyl plank flooring, fresh interior paint, updated doors and hardware, and stylish new light fixtures that create a clean, cohesive look. The kitchen has been fully redesigned with granite countertops, stainless steel appliances including a slide-in range and microwave, tile backsplash, and updated cabinetry, making it both attractive and practical for everyday living and entertaining. Both bathrooms have been renovated with new ceramic tile surrounds, updated vanities, modern fixtures, and refreshed finishes. The primary suite features a beautifully updated walk-in shower, while the secondary bathroom offers dual sinks and a fully tiled bath area. Additional improvements include new windows, updated privacy fencing, ceiling fans, and an interior laundry room with convenient access to the covered carport. A sunroom with it's own brand new splitter A/C Unit provides additional flex space ideal for relaxing, hobbies, or a home office.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$507,163Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,293
$183,730
2025
$36,500
$147,230
$183,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,293
$183,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paul M Sturkie
Unknown
$512,382
No
First
Oct 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$507,163
N/A
0%
231%
$3,072/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.

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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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1022 Kay | Property Details | No Agent List