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$238,000

1501 Shell Camp Rd, Gladewater, TX, 75647

$240,257 ARVInfo
Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,621 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.14 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater

Exterior

Private PoolPrivate Pool
Lot Size16,884 sqft

Building Information

Year Built1990
Stories1
Roof Type109
Garage Spaces2

Land Information

APN5930000002-001-00-01
Lot Number1
SubdivisionRichey
Land UseResidential
Legal DescriptionLT 1 BLK 2 RICHEY ADDN
Census Tract010202
Assessed Land Value$5,680
Assessed Improvement Value$209,610
Assessment Year2025

About this property

Welcome to 1501 Shell Camp Rd. This beautifully updated 3-bedroom, 2-bath home located in a peaceful and quiet corner of Gladewater, Texas, is ready to welcome its new owners. Every single room has been thoughtfully renovated—no stone left unturned—giving this home a fresh, modern feel while maintaining its charm. From the fresh paint to the upgraded flooring, this home offers the perfect blend of comfort and elegance. This property creates an inviting atmosphere, perfect for both everyday living and hosting guests. A generously sized split primary bedroom provides a spacious, private retreat ideal for relaxation. The expansive backyard is fully enclosed with a 10-foot privacy fence and an above ground pool, great for cooling off and enjoying the hot East Texas summer days. The pergola is also ideal for outdoor dining or relaxing. This home has everything you need to enjoy comfort and privacy in a peaceful setting. Whether you're relaxing by the pool, hosting family events, or unwinding in your spacious master suite, this property provides the perfect backdrop for a wonderful lifestyle. Don’t miss out on this incredible opportunity.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$1,867Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$240,256
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,073
$215,290
2025
$5,680
$209,610
$215,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,073
$215,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$240,000
Yes
First
Jun 27, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,133
$1,867
0%
99%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,439/mo
+$91/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1501 Shell Camp Rd | Property Details | No Agent List