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$99,000

609 W Gay Ave, Gladewater, TX, 75647

$128,700 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,258 Sq Ft
price_per_sqft$78.7 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Water Heater

Building Information

Garage Spaces2

About this property

Looking for potential? This is it! Whether you’re searching for a long-term investment, your next rental opportunity, or a place to turn into Home Sweet Home, this property is ready for someone with a little vision to make it shine. Featuring 2 original bedrooms plus a bonus flex room, 1.5 baths, a functional kitchen, separate laundry area, and plenty of character throughout, there are lots of possibilities for how to make the space work for you. The flexible bonus room could serve as an office, hobby room, additional living space, or whatever fits your needs. Outside, you’ll find covered parking, a shaded yard, and mature trees, all tucked into a convenient Gladewater location close to shopping, schools, downtown, and Lake Gladewater.

Investor Tools

$0Estimated Mortgage Balance
$94,802Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$128,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$804 /month
Positive
Cash Flow Estimate:
$268 /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
$178/month
No HOA
5.947%

City: Gladewater

609 W Gay Ave | Property Details | No Agent List