




$695,000
1855 Phillips Springs Road, Gladewater, TX, 75647
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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!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Gladewater
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