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$415,000

3 Gateway Dr, Kilgore, TX, 75662

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.31 / sqft
Year BuiltBuilt in 1983

About this property

Nestled in the established Briarwood neighborhood of Kilgore, this beautifully maintained 2,605-square-foot ranch-style home offers a blend of timeless charm, thoughtful design, and inviting living spaces. High ceilings, neutral finishes, and abundant natural light create a warm and welcoming atmosphere from the moment you step inside. The spacious living area is anchored by a stunning double-sided fireplace that connects the family room and sunroom, adding character and warmth to both spaces. At the heart of the home, the kitchen combines style and functionality with granite countertops, beautiful cabinetry, a tile backsplash, pull-out pantry shelving, wet bar, and a generous dining area that easily accommodates everyday meals and larger gatherings alike. The split-bedroom floor plan provides privacy for the primary suite, featuring a spacious bedroom, walk-in closets, and an ensuite bath with dual vanities. Guest bedrooms offer ample space and storage, while the hall bath is thoughtfully designed with double vanities for added convenience. Outside, the backyard extends the home's welcoming feel with a sparkling 20,000-gallon gunite pool, privacy fencing, and double-gate access from the driveway. Whether enjoying a quiet afternoon by the pool or hosting friends and family, the outdoor space is designed to be enjoyed year-round. The oversized third garage bay adds flexibility for a workshop, boat storage, hobby area, additional parking, or other storage needs. Situated on approximately 0.38 acres in one of Kilgore's most sought-after and well-established neighborhoods, this home offers spacious living, exceptional outdoor amenities, and the enduring appeal of a community known for its mature trees, established homes, and welcoming atmosphere.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$324,000Estimated Mortgage Balance
$102,955Estimated Equity
21% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Jennifer Phillips

Texas Lane Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/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: Kilgore

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