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$339,750

$359,750

1109 Sherwood St, Gladewater, TX, 75647

$441,675 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths3,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.27 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringVinyl

Exterior

Lot Size13,634 sqft

Building Information

Year Built1994
Roof Type109
Garage Spaces2

Land Information

APN0349017901-049-10-01
SubdivisionRigsby L J Sur
Land UseResidential
Legal DescriptionAB 179 L J RIGSBY SUR TR 49-10 SEC 1
Census Tract010202
Assessed Land Value$6,770
Assessed Improvement Value$326,260
Assessment Year2025

About this property

Welcome to 1109 Sherwood…a striking home nestled in one of Gladewater’s classic neighborhoods where the updates go far beyond what meets the eye. From the moment you pull into the circular driveway, you'll notice the pride of ownership, but what truly sets this home apart is the intentional investment in improvements that matter. The main entry opens into the heart of the home, where a beautifully updated kitchen showcases custom cabinetry, gleaming granite countertops, and modern stainless steel appliances, including an oven, microwave, new stovetop, and new dishwasher. The open layout flows effortlessly into the spacious living areas, all enhanced with new vinyl plank flooring, fresh paint, updated lighting, ceiling fans, and stylish hardware throughout. Upstairs, a versatile loft or 2nd living area with a closet easily functions as a fifth bedroom, office, or game room, offering flexibility to fit your lifestyle. The hall bathrooms and laundry room have been refreshed with updated fixtures, fresh paint, and a practical granite folding space that adds both function and style. One of the home's standout features is the fully finished basement level, offering incredible versatility for today's needs. With direct access from both the back patio and the three-car garage, this expansive space is ideal for a home office, guest suite, workout room, media room, hobby space, or even multi-generational living. Step into the freshly painted sunroom overlooking the large, well-maintained backyard, a peaceful spot for morning coffee or winding down in the evenings. Outside, the sellers have made meaningful upgrades that truly elevate the home's longevity and usability, including a newly added retaining wall, updated handrails on the back patio, and a freshly sealed and painted outdoor space designed for both safety and enjoyment. And perhaps most importantly, the home features a roof that's only five years young, offering peace of mind for years to come.

Investor Tools

$286,145Estimated Mortgage Balance
$129,855Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$441,675
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Heather Kelly

Texas Real Estate Executives - Longview

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,947
$333,030
2025
$6,770
$326,260
$333,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,947
$333,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$299,250
No
First
Jan 22, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,145
$129,855
31%
69%
$1,795/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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