Last 24 Hours
$235,410
NAL Estimated Property Value409 N Main St, Gladewater, TX, 75647
$258,789 ARV
Off Market
4 Beds
3 Bath
2,544 Sq Ft
$78.58 / sqft
Built in 1890Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 2AppliancesGas Water Heater
Exterior
Lot Size16,579 sqft
Building Information
Year Built1890
Roof Type109
Land Information
APN0700000036-003-00-01
Lot Number3-4
SubdivisionGladewater Ncb
Land UseResidential
Legal DescriptionLT 3 & 4 NCB 36 GLADEWATER (N 153.5' LT 3)
Census Tract010201
Assessed Land Value$29,590
Assessed Improvement Value$205,820
Assessment Year2025
About this property
Beautiful historical home with a separate apartment/mother in law suite included! The main house has 3 bedrooms and 1.5 baths. The apartment is a 1 bedroom 1 bath home with kitchen and living area. This is a great find in Gladewater! Don't miss the opportunity to own this charming property with tall ceilings, plenty of space, and income producing apartment that can be perfect for your guests or to keep as a rental! Two properties plus land in one sale!
Investor Tools
$235,410
Estimated Property Value
$166,752Estimated Mortgage Balance
$68,658Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$258,789
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,412 /month
Positive
Cash Flow Estimate:
$471 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,146
$235,410
2025
$29,590
$205,820
$235,410
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,146
$235,410
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$170,000
No
First
Apr 30, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,752
$68,658
29%
71%
$1,020/mo
12.4%