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$546,820

NAL Estimated Property Value

1905 E Lake Drive, Gladewater, TX, 75647

$636,005 ARVInfo
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
$298,132Estimated Mortgage Balance
$248,688Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$636,005
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

City: Gladewater

1905 E Lake Drive | Property Details | No Agent List