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$209,550

NAL Estimated Property Value

518 Hancock St, Gladewater, TX, 75647

$213,998 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,759 Sq Ft
price_per_sqft$99.49 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater

Exterior

Lot Size16,122 sqft

Building Information

Year Built1973
Stories1
Roof Type109
Garage Spaces2

Land Information

APN7430000000-023-00-01
Lot Number23
SubdivisionWest Lee
Land UseResidential
Legal DescriptionLT 23 WEST LEE & PT OF ALLEY
Census Tract010201
Assessed Land Value$7,350
Assessed Improvement Value$202,200
Assessment Year2025

About this property

ABSOLUTELY GORGEOUS, 3 BEDROOM 2 BATH HOUSE. LOCATED IN GLADEWATER, TX ON A NICE LOT IN TOWN. CONVENIENTLY LOCATED NEAR SHOPS, SCHOOL, AND LOCAL AMENITIES. THIS HOME OFFERS 1759 SQ FT OF LIVING AREA, NICE CABINETS, PLENTY OF STORAGE, ALL ELECTRIC, CENTRAL HEAT/AIR, COMPOSITION ROOF, 2 CAR GARAGE, & A CARPORT. ADDITIONALLY, THIS SPACIOUS HOME SITS ON .37 OF AN ACRE WITH A FENCED IN BACK YARD & A PLUM TREE BEHIND THE HOME. WHY WAIT? CALL FOR ANAPPOINTMENT NOW TO MAKE THIS YOUR NEW HOME!

Investor Tools

Property Icon
$209,550
Estimated Property Value
$180,977Estimated Mortgage Balance
$28,573Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$213,997
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,257 /month
Positive
Cash Flow Estimate:
$419 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,139
$209,550
2025
$7,350
$202,200
$209,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,139
$209,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$182,031
Yes
First
Jan 30, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,977
$28,573
13%
86%
$1,092/mo

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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518 Hancock St | Property Details | No Agent List