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A+
NoAgentList RatingHow are grades calculated? Info
Days45Days on Market
Views1view
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$580,000

1805 E Lake Drive, Gladewater, TX, 75647

$708,692 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.24 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Cooktop, Microwave, Double Oven

Building Information

Year Built1987
Garage Spaces2

Land Information

APN45650
Lot Number22
Land UseResidential
Legal DescriptionLOT 22, BLK E1 GLADEWATER LAKE S178 (A427,A489,A8) & HOUSE
Census Tract950600
Assessed Land Value$130,000
Assessed Improvement Value$368,360
Assessment Year2025

About this property

What a find on Lake Gladewater! This beautiful waterfront home is perfectly situated on a stunning main lake lot with expansive open water views, arguably some of the best on the lake. Upon entry, you’re welcomed into a spacious living area featuring vaulted ceilings and dramatic floor to ceiling windows that showcase the breathtaking waterfront setting. The living space flows seamlessly into the kitchen, which offers stainless steel appliances, double ovens, and granite countertops, ideal for everyday living and entertaining alike. The primary suite is truly a retreat, featuring peaceful lake views, room for a sitting area, a remodeled ensuite bath, and an oversized walk-in closet that is among the largest you’ll find. Two additional oversized bedrooms are located on the main level, providing comfortable accommodations for family or guests. Upstairs, you’ll find a versatile bonus space perfect for a second living area, game room, or workout area, along with two additional large bedrooms.The outdoor space embodies lake living at its finest. Enjoy relaxing or entertaining on the patio while taking in the incredible views or spend your days on the fabulous fishing pier, sure to be a favorite gathering spot. The gentle elevation offers a level lakeside yard, perfect for the kids and pets! Whether you’re searching for a full-time residence, weekend getaway, or investment opportunity, this property checks all the boxes. With its generous square footage, prime lake access, and proximity to the charming town of Gladewater, it also presents excellent potential for SHORT TERM RENTAL INCOME! Located within the desirable Union Grove ISD. Schedule your private showing today and experience the beauty of this Lake Gladewater home for yourself.

Investor Tools

Property Icon
$589,000
Estimated Property Value
$0Estimated Mortgage Balance
$328,427Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$708,692
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Nicole Anderson

Anderson Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$960/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,578
$498,360
2025
$130,000
$368,360
$498,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,578
$498,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$294,500
No
First
Jun 18, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,573
$328,427
55%
44%
$1,766/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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