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$254,000

NAL Estimated Property Value

123 Lorene St, Gladewater, TX, 75647

$330,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$66.14 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size19,637 sqft

Building Information

Year Built1967
Stories1
Roof Type109
Garage Spaces2

Land Information

APN6410000001-008-00-04
Lot Number8
SubdivisionSikes
Land UseResidential
Legal DescriptionLT 8 BLK 1 SIKES
Census Tract010402
Assessed Land Value$7,080
Assessed Improvement Value$184,070
Assessment Year2025

About this property

Older custom home on a great lot with nice curb appeal. Large living area with floor to ceiling brick fireplace, nice size kitchen with attached dining, generous bedrooms and 2 car side entry garage. Needs TLC, but loads of potential. Check it out and make this one your own!

Investor Tools

Property Icon
$254,000
Estimated Property Value
$161,825Estimated Mortgage Balance
$92,175Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$330,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,235
$191,150
2025
$7,080
$184,070
$191,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,235
$191,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Va
$184,037
Yes
First
Mar 30, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,825
$92,175
36%
64%
$1,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,104/mo
+$426/mo
7.2%

City: Gladewater

123 Lorene St | Property Details | No Agent List