Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days195Days on Market
Views3view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$695,000

1855 Phillips Springs Road, Gladewater, TX, 75647

On MarketInfo
Beds4 Beds
Baths2,270 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.17 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
AppliancesDishwasher, Microwave

Exterior

Lot Size8.16 acres

Building Information

Year Built2002
Garage Spaces3

Land Information

APN16594
Land UseResidential
Legal DescriptionABS A489 TALENT, JAMES M,TRACT 31, 8.16 ACRES & HOUSE
Census Tract950600
Assessed Land Value$83,420
Assessed Improvement Value$463,690
Assessment Year2025

About this property

4 bedroom 3 bath home in Union Grove! This homestead has so much to offer! The home has been cared for and maintained by the original owners and offers an open concept with a fireplace. The view from the living room is beautiful in the back yard and in the front. Each bedroom closet has a walk in closet and the home is equipped with energy efficient windows and extra insulation in the attic. The large windows allow for plenty of natural light and have remote control blinds for ease of use. There is also a 2 bedroom 1 bath guest home that was an old milk barn and has been tastefully redone to include the old barn wood and feed trough to a vibrant home that's perfect for guests or even a rent house. Each home has a storage building with a loft. Both homes are wired at the panel box with an outlet to hookup a generator for emergency power. The property has a water well and city water. There is also a pole barn (2160 sqft) for the animals and tractor. Speaking of animals and tractor, this property comes with chickens (with a coop) and a 95 HP new holland tractor and implements. All of this sits on over 8 acres that is fenced. All the electrical is underground so there are no overhead power lines. Most guests will be greeted by the deer feeding in the back yard. All of this is just minutes from Lake Gladewater and the other downtown shopping offered in Gladewater. If the homestead or farm life has been calling your name, this property is a must see!

Investor Tools

$0Estimated Mortgage Balance
$787,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,722 /month
Positive
Cash Flow Estimate:
$1,574 /month

Interested in this property?

Ben Norris

Norris Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,031/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,436
$547,110
2025
$83,420
$463,690
$547,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,436
$547,110

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$787,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...