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$189,000

500 W Marshall Ave, Gladewater, TX, 75647

$245,700 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,264 Sq Ft
price_per_sqft$83.48 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater

Exterior

Lot Size9,374 sqft

Building Information

Year Built1960
Stories1
Roof Type109
Garage Spaces2

Land Information

APN3210000002-001-00-01
Lot Number1-3
SubdivisionHillcrest
Land UseResidential
Legal DescriptionLTS 1 THRU 3 BLK 2 HILLCREST
Census Tract010201
Assessed Land Value$4,280
Assessed Improvement Value$185,720
Assessment Year2025

About this property

Located in Gladewater, Tx, this 3 bedroom, 2 bath home offers a flexible floor plan at 2500 sq ft. The open-concept living, dining, and kitchen areas create an easy flow for everyday living and entertaining. A dedicated office provides additional space for work, hobbies, or storage. An unfinished bonus space with a private exterior entrance offers endless potential for customization to fit a variety of needs. Outside, the property features a covered 2-car carport, circular driveway for convenient access, and a fully fenced yard. Conveniently located near local amenities, this property offers space, versatility, and opportunity in the heart of Gladewater.

Investor Tools

$121,786Estimated Mortgage Balance
$101,214Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$245,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

Interested in this property?

Tammy Kessler

Texas Real Estate Executives

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,615
$190,000
2025
$4,280
$185,720
$190,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,615
$190,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$130,000
No
First
Feb 21, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,786
$101,214
45%
55%
$780/mo

City: Gladewater

500 W Marshall Ave | Property Details | No Agent List