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$223,160

NAL Estimated Property Value

512 N Live Oak St, Gladewater, TX, 75647

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,161 Sq Ft
price_per_sqft$105.94 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater

Exterior

Lot Size15,438 sqft

Building Information

Year Built1950
Stories1
Roof Type109

Land Information

APN5420000008-017-00-01
SubdivisionPhillip Heights
Land UseResidential
Legal DescriptionLTS 17 THRU 19 & LTS 1 & 2 BLK 8 PHILLIPS HTS (E PT LT 17)
Census Tract010201
Assessed Land Value$7,890
Assessed Improvement Value$215,270
Assessment Year2025

About this property

2 bedroom 2 bath home in Gladewater. The home has some recent updates such as paint, granite countertops in the kitchen and tile in the bathroom. This home offers a very interesting look and story. Years ago, the home was used as a church building. The main area has tall ceilings adding to feel of a big open floor plan. This home is a must see! Call for more information.

Investor Tools

Property Icon
$223,160
Estimated Property Value
$124,641Estimated Mortgage Balance
$98,519Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,339 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,778
$223,160
2025
$7,890
$215,270
$223,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,778
$223,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eastman Cu
Conventional
$126,300
No
First
Aug 11, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,641
$98,519
44%
56%
$758/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$758/mo
+$772/mo
8.2%

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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512 N Live Oak St | Property Details | No Agent List