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$200,000

NAL Estimated Property Value

2052 N Philips Springs Road, Gladewater, TX, 75647

$260,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.75 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven

Exterior

Lot Size1.86 acres

Building Information

Year Built1960

Land Information

APN16525
Land UseResidential
Legal DescriptionABS A97 CHAMBERLAIN, RICHARD,TRACT 8, 1.861 ACRES & HOUSE
Census Tract950600
Assessed Land Value$69,250
Assessed Improvement Value$112,560
Assessment Year2025

About this property

3 bedroom 2 bath home in Union Grove ISD! This home has recent updates in the kitchen and throughout the home. As you drive up to the home you will notice the large trees in the yard that provide a nice canopy of shade. Inside the home, you will find a convenient layout that makes great use of the space. All of this sitting on 1.86 acres and just minutes from the shopping and food in Gladewater. Call for more information!

Investor Tools

Property Icon
$200,000
Estimated Property Value
$307,018Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$260,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,156
$181,810
2025
$69,250
$112,560
$181,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,156
$181,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Unknown
$157,225
No
First
Jan 8, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,018
N/A
0%
154%
$1,886/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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2052 N Philips Springs Road | Property Details | No Agent List