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$98,000

NAL Estimated Property Value

515 W Marshall Ave, Gladewater, TX, 75647

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths738 Sq Ft
price_per_sqft$134.15 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Vented Exhaust Fan

Exterior

Lot Size7,200 sqft

Building Information

Year Built2000
Stories1
Roof Type109

Land Information

APN3210000001-015-00-01
Lot Number15,17
SubdivisionHillcrest
Land UseResidential
Legal DescriptionLT 15; 16; & 17 BLK 1 (W 15' LT 15 & E 20' LT 17) & PT OF ALLEY HILLCREST
Census Tract010201
Assessed Land Value$3,420
Assessed Improvement Value$88,190
Assessment Year2025

About this property

BEST DEAL IN GLADEWATER!! This cozy 2 bed 1 bath home has it ALL! Right in the middle of Gladewater, sits this beautiful house that has been totally remodeled! Tile Flooring, Granite counters, HUGE wood deck, big yard, and so much more! Make an offer today, priced to move! PATIO! BUYER TO VERIFY ALL MEASUREMENTS, ALL SCHOOLS, ALL UTILITIES. SELLER IS RELATED TO THE LISTING BROKER.

Investor Tools

Property Icon
$98,000
Estimated Property Value
$77,609Estimated Mortgage Balance
$20,391Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$919
$91,610
2025
$3,420
$88,190
$91,610
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$919
$91,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ellis Acquisitions Llc
Unknown
$79,000
No
First
May 5, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,609
$20,391
20%
79%
$474/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,100/mo
$474/mo
+$626/mo
13.5%

City: Gladewater

515 W Marshall Ave | Property Details | No Agent List