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$250,000

131 Linda, Gladewater, TX, 75647

$264,964 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.61 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater

Exterior

Lot Size17,228 sqft

Building Information

Year Built1979
Stories1
Roof Type109
Garage Spaces2

Land Information

APN5190020001-002-00-04
Lot Number2
SubdivisionOakwood
Land UseResidential
Legal DescriptionLT 2 BLK 1 OAKWOOD #2
Census Tract010402
Assessed Land Value$8,210
Assessed Improvement Value$193,960
Assessment Year2025

About this property

Welcome to 131 Linda Dr, a 4-bedroom, 2-bathroom home nestled in the desirable Sabine ISD in Gladewater, TX. This spacious residence sits on a corner lot, providing plenty of outdoor space and curb appeal. As you step inside, you'll find a warm and inviting layout that offers endless possibilities. The living area is perfect for family gatherings or cozy nights in, while the kitchen, with its ample counter space, is ready for your personal touch. Each of the four bedrooms provides a comfortable retreat, ideal for family members or guests. With a little TLC and some upgrades, this home has the potential to become your dream haven. The 2-car garage adds convenience, while the yard offers a blank canvas for your landscaping ideas. Don't miss out on this opportunity to make 131 Linda Dr your own! With its prime location in a sought-after school district, this property is a fantastic investment for families and first-time buyers alike. Schedule your showing today and envision the possibilities!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$148,000Estimated Mortgage Balance
$102,427Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$264,964
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,877
$202,170
2025
$8,210
$193,960
$202,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,877
$202,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Unknown
$148,000
No
First
Mar 3, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,573
$102,427
40%
59%
$888/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$888/mo
+$822/mo
8.2%

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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131 Linda | Property Details | No Agent List