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$44,480

NAL Estimated Property Value

200-300 E Lake Dr, Gladewater, TX, 75647

$57,824 ARVInfo
Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths1,294 Sq Ft
Year BuiltBuilt in 1977

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size11,250 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN5420000003-012-02-01
Lot Number12-14
SubdivisionPhillip Heights
Land UseCommercial
Legal DescriptionLTS 12B; 13A & 14A BLK 3 PHILLIPS HTS (W 50' LTS 12 THRU 14)
Census Tract010201
Assessed Land Value$3,000
Assessed Improvement Value$41,480
Assessment Year2025

About this property

Discover a fantastic opportunity with this versatile commercial property located just a short distance from downtown Gladewater, Texas. This property features two distinct units, perfect for a variety of business needs. The first unit offers a spacious office area complete with a convenient restroom, making it ideal for professional services, retail, or administrative functions. The second unit includes a functional office space, an attached garage perfect for storage or workshop needs, and a private restroom. Additional features include parking located to the left of the building and a prime location with easy access to downtown amenities. The possibilities for customization are endless, making this property a prime choice for entrepreneurs and businesses looking to expand or establish a presence in the vibrant community of Gladewater. Don’t miss out on this exceptional opportunity!

Investor Tools

Property Icon
$44,480
Estimated Property Value
$0Estimated Mortgage Balance
$44,480Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$57,824
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$34/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$181
$44,480
2025
$3,000
$41,480
$44,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$181
$44,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$44,480
100%
0%
$0/mo

City: Gladewater

200-300 E Lake Dr | Property Details | No Agent List