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$460,000

NAL Estimated Property Value

5175 E Lake Dr, Gladewater, TX, 75647

$598,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.48 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Double Oven, Ice Maker, Microwave, Gas Water Heater
FlooringVinyl

Exterior

Lot Size1.02 acres

Building Information

Year Built2013
Garage Spaces2

Land Information

APN45482
Land UseResidential
Legal DescriptionLOT L, COLBY S128 (A257) 1.025 ACRES & HOUSE & SHOP
Census Tract950501
Assessed Land Value$130,000
Assessed Improvement Value$299,170
Assessment Year2025

About this property

RUSTIC MODERN FARMHOUSE...LAKE FRONT ON LAKE GLADEWATER!! THIS HOME IS CHARMING & INVITING AS CAN BE! THERE ARE 3 BEDROOMS & 2 1/2 BATHS. THE PRIMARY BEDROOM SUITE IS DOWNSTAIRS. THE KITCHEN IS OUTSTANDING & HAS NUMBEROUS CUSTOM FEATURES. IT HAS A DOUBLE OVEN, GAS COOKTOP, GRANITE, TWO ISLANDS, AND MORE!! IT IS OPEN TO THE DINING & LIVING AREA. THERE ARE BEAUTIFUL VIEWS OF THE LAKE ALL ACROSS THE FRONT OF THE HOUSE. THERE ARE 2 FIREPLACES IN THE HOUSE. TWO BEDROOMS AND SPACIOUS LOFT ARE UPSTAIRS. THIS HOME IS LOW MAINTENANCE & HAS LOW UTILITY BILLS. THE FRONT PORCH EXTENDS ACROSS THE HOUSE & HAS A WONDERFUL VIEW OF THE LAKE. THERE IS A METAL OUTBUILDING 27 FT x 30 FT WITH ELECTRICITY, PLUMBING, AND IS WIRED FOR RV. THE LAKE OFFERS A FANTASTIC VIEW OF THE SUNSET WHILE ENJOYING BEING ON THE WATER!

Investor Tools

Property Icon
$460,000
Estimated Property Value
$356,497Estimated Mortgage Balance
$103,503Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$598,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,066
$429,170
2025
$130,000
$299,170
$429,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,066
$429,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$364,000
No
First
Mar 17, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,497
$103,503
22%
77%
$2,183/mo

City: Gladewater

5175 E Lake Dr | Property Details | No Agent List