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$146,350

NAL Estimated Property Value

1504 N Alice St, Gladewater, TX, 75647

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$115.25 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Water Heater, Electric Range, Electric Oven
FlooringVinyl

Exterior

Lot Size8,999 sqft

Building Information

Year Built1971
Stories1
Roof Type109
Garage Spaces2

Land Information

APN6340000005-020-00-01
Lot Number20
SubdivisionShepperd Hills
Land UseResidential
Legal DescriptionLT 20 BLK 5 SHEPPERD HILLS
Census Tract010202
Assessed Land Value$5,870
Assessed Improvement Value$140,480
Assessment Year2025

About this property

Welcome to this spacious 3-bedroom, 2-bath home located in a quiet, established neighborhood in highly regarded Gladewater ISD! Packed with potential and priced to sell, this home is the perfect opportunity for buyers looking to add their own style and build instant equity. Inside, you’ll love the flexible floor plan featuring an additional living space that can easily be used as a game room, second living area, home office, playroom, or media room—giving you the extra space today’s buyers are searching for. The generous layout offers endless possibilities for entertaining, relaxing, or creating your dream home. Step outside and discover even more value with a 240 sq. ft. workshop/storage building—perfect for hobbies, tools, projects, or additional storage space. With solid bones, tons of potential, and a motivated seller ready to consider offers, this home is a rare chance to own in a desirable area at an affordable price. Whether you’re a first-time buyer, investor, or someone looking for a home to personalize, this property is full of opportunity. Don’t miss your chance to see the possibilities—schedule your showing today before it’s gone!

Investor Tools

Property Icon
$146,350
Estimated Property Value
$115,675Estimated Mortgage Balance
$30,675Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$878 /month
Positive
Cash Flow Estimate:
$293 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,348
$146,350
2025
$5,870
$140,480
$146,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,348
$146,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$122,735
Yes
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,675
$30,675
20%
79%
$766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$766/mo
+$764/mo
12.5%

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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1504 N Alice St | Property Details | No Agent List