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$649,000

1905 E Lake Drive, Gladewater, TX, 75647

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,389 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$271.66 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringLaminate

Building Information

Year Built2000
Garage Spaces2

Land Information

APN17347
Lot Number27
Land UseResidential
Legal DescriptionLOT 27, BLK E1 GLADEWATER LAKE S178 (A427,A489,A8) & HOUSE
Census Tract950600
Assessed Land Value$130,000
Assessed Improvement Value$416,820
Assessment Year2025

About this property

Fenced, gated 4 bedroom, 2.1 bath home in Union Grove ISD. Whether looking for a lake getaway or a home hideaway, this beautifully updated retreat is one to put on the list. The entryway leads to a warm family area with open floor plan, vaulted ceilings and a propane fireplace. Large windows bring in natural light while allowing you to indulge in nature from the comfort of indoors. Updated spaces allow for guests or an office area while maintaining the warmth of the home. The entire home has been thoughtfully touched over the last 4 years from interior to exterior to include the roof and HVAC, a guest get away above the garage with closet space with sitting area and completely revamped laundry pantry space. The back deck includes a gas start fireplace overlooking a level shaded backyard, large storage room beneath deck and a path that leads to a fire pit sitting area and then on to your boathouse with room for entertainment by the lake and storage for all those lakeside needed items.

Investor Tools

Property Icon
$546,820
Estimated Property Value
$0Estimated Mortgage Balance
$248,688Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,583
$546,820
2025
$130,000
$416,820
$546,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,583
$546,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East Texas Professional Cu
Arm (Adjustable Rate Mortgage)
$346,500
No
First
Oct 12, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,132
$248,688
45%
55%
$1,556/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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