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$170,000

197 Gladys Street, Lone Oak, TX, 75453

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.5 / sqft

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesNone

About this property

Handyman special two bedroom and one bathroom with original hardwood floors with room to build another house! Located in Lone Oak ISD! 5+ acres! The land is fenced, located in the city limits of Lone oak and has a 2nd water meter for the back of property Cows currently on property. There is a second entrance to back of property with a 12 ft easement. Barn on property currently used for hay, small pole barn and a pond. Owner has filed for Ag four years in a row & close to ag exempt if desired. All information is approximate. Buyers and buyers agent to verify all information including utilities. All building guidelines will need to be discussed with the city of Lone Oak.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

Interested in this property?

Kathy Hobbs

Exit Realty Pinnacle Group

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Financing Details

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

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.

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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: Lone Oak

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197 Gladys Street | Property Details | No Agent List