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$107,995

700 Wood St, Gladewater, TX, 75647

$134,054 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.09 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator, Gas Water Heater
FlooringLaminate, Vinyl

Exterior

Lot Size9,309 sqft

Building Information

Year Built1946
Stories1
Roof Type109

Land Information

APN7310000004-002-00-01
Lot Number2-3
SubdivisionWaddell
Land UseResidential
Legal DescriptionLTS 2 & 3 BLK 4 & PT ALLEY WADDELL
Census Tract010201
Assessed Land Value$6,290
Assessed Improvement Value$90,210
Assessment Year2025

About this property

Welcome home to this adorable 3-bedroom, 1-bath cottage conveniently located in Gladewater near local schools. Situated on a spacious double corner lot, this move-in-ready home has been thoughtfully remodeled in the last 5 years and offers both charm and functionality. It would make a great first home or even an AirBNB. The kitchen comes complete with a refrigerator, dishwasher, gas stove, kitchen island, and bar stools, making it ready for everyday living and entertaining. Additional included appliances and extras add tremendous value, including a 1.5-year-old black Maytag washer and dryer set, a portable AC unit, and a dog kennel. Step outside to enjoy the large back deck overlooking a beautiful shaded yard—perfect for relaxing, grilling, or spending time with family and friends. The generous lot provides plenty of space for outdoor activities, gardening, or future possibilities. There is even enough room on the extra land to possibly build another house or a storage building. Don't miss this opportunity to own a cute, updated home with extra space, great amenities, and a convenient location in Gladewater!

Investor Tools

Property Icon
$108,000
Estimated Property Value
$0Estimated Mortgage Balance
$108,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$134,053
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month

Interested in this property?

Tyler McFarland

Texas Real Estate Executives

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$563
$96,500
2025
$6,290
$90,210
$96,500
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$563
$96,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$115,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
N/A
+$1,530/mo
17.0%

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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700 Wood St | Property Details | No Agent List