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$196,260

721 Main Street, Gladewater, TX, 75647

$244,320 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.68 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringVinyl, Wood

Exterior

Lot Size1.60 acres

Land Information

APN3838
Land UseResidential
Legal DescriptionABS A264 KING, WILLIAM,TRACT 201, 1.601 ACRES & HOUSE
Census Tract950700
Assessed Land Value$74,130
Assessed Improvement Value$122,130
Assessment Year2025

About this property

Perfect home for a new home buyer or investor. Located on FM 1845 just minutes North of Longview this 2-bedroom 1 bath is sitting on 1.601 acres that offers the opportunity for rural living with quick access to all the amenities of town. Property has a storage shed and old small barn and ample room to park your RV and Boat with room to build a shop.

Investor Tools

Property Icon
$196,260
Estimated Property Value
$0Estimated Mortgage Balance
$47,233Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$244,320
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,178 /month
Positive
Cash Flow Estimate:
$393 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,241
$196,260
2025
$74,130
$122,130
$196,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,241
$196,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eastman Cu
Conventional
$150,560
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,027
$47,233
24%
76%
$903/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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721 Main Street | Property Details | No Agent List