tomo logo

$675,000

Beds
5
Baths
4.0
sq ft
3,348

1805 E Lake Dr, Gladewater, TX 75647

1805 E Lake Dr

Gladewater, TX 75647

  • 280 days on market
    • Price drop $100,000↓
LAKEFRONT living at its FULLEST! Expansive 3,348 sq ft LAKE home with 5 beds, 3.5 baths, loft space, & ample storage. Open-concept living room with ceiling-high windows for breathtaking Lake Gladewater views. Split master downstairs with seating area, free-standing soaking tub, separate shower, expansive vanity, & mind-blowing walk-in closet. 2 more spacious bedrooms downstairs with large closets, & utility room with abundant storage. Upstairs: 1 full bath, playroom loft, and 2 generous bedrooms with more closets and walkable attic space. Double-door 2-car garage. Newly painted covered deck for entertaining and long dock that overlooks OPEN SKI water. Level lot facing water for outdoor activities, unobstructed lake views, easy shoreline access. There's even a darling treehouse for kids. This lake house has all the room and entertainment possibilities. The perfect LAKE HOME with ROOM, STORAGE, VIEWS, and SPACE!

Details

Property type

Single Family Residence

Est. home value

$488,542

Lot size

1.0 acres

Price per sq ft

$202

Year built

1987

Annual property taxes

$10,510

Price History

01/14/2025
NTREIS

NTREIS #20589269

Price change
$675,000
-12.9%
04/25/2024
NTREIS

NTREIS #20589269

Price change
$775,000
-3%
04/17/2024
NTREIS

NTREIS #20589269

Listed
$799,000

Schools & Community

Elementary school: 

Uniongrove

Middle school: 

Unknown

High school: 

Uniongrove

Community features: 

Fishing, Lake

School district: 

Union Grove ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$355,254
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$265,746
Cash to seller
$355,254

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Southwest Funding Lp

Loan start date

June 2020

Original loan amount

$294,500

Est. remaining balance

$265,746

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Jonathan Lezin Louvier and Meghann Mcleroy Louvier

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Longview
$649,900
3 bd
|
3.5 ba
|
2,544 sq ft
|
House

3073 E Lake Dr, Gladewater, TX 75647

Price drop
Longview
$695,000
4 bd
|
4.5 ba
|
3,000 sq ft
|
House

16830 Eagle Dr, Gladewater, TX 75647

Price drop
Longview
$659,888
4 bd
|
3.5 ba
|
3,435 sq ft
|
House

3901 Chase Crest Ci, Longview, TX 75605

Status: Active

Tomo last checked: 01/23/2025 at 7:25 AM

Listing updated: 01/14/2025 at 10:57 AM

Listed by: Katie Ellis, Miller Homes Group PLLC Phone #: (903) 504-5474

MLS: NTREIS #20589269

NTREIS logo

Recently listed in Gladewater

$200,000|3 bd|2.0 ba|Manufactured
$329,500|3 bd|2.0 ba|House
$275,000|4 bd|2.0 ba|House
$325,000|4 bd|2.0 ba|House
$450,000|3 bd|2.0 ba|House
$110,000|2 bd|1.0 ba|House
$214,000|3 bd|2.0 ba|House
$825,000|4 bd|3.5 ba|House