Home for Sale at 2000 W Gay Ave, Gladewater, TX 75647

PLEASE SEE DETAILED DESCRIPTION IN ASSOCIATE DOCS. Land Description: • Terrain is rolling from high scenic sites to level creek bottomland. • Glade Creek and streams flow through the property. House is located on high-bank of the creek for great natural views. • Approximately 50/50 split between woods and open pasture. Beautiful native trees and improved pastures. • No current oil or gas activity visible on the property. There is an old pumpjack near the back/north of the property. Appears to have been inactive for a long time. • Lots of road frontage on north side of Gay Avenue and on both sides of East Lake Drive. • Property is under no surface leases at this time. • The owner would consider subdividing the tract to provide smaller homesites of 6 to 10 acres along E. Lake Dr. • A new survey may be required, and the survey may document more or less acreage than what is represented in this information. • Over half of the area is in FEMA Flood Zone or Floodway. Areas along the creeks are subject to temporary flooding during heavy rain events, but do not appear to be a threat to any structures. The owner would consider subdividing the tract to sell the house and 85 acres for $1,155,000. There could be some flexibility in the amount of acreage sold with the house. Improvements: • Pipe-and-cable fencing on most perimeter. Lots of good cross-fencing interior. • Three-rail white board fence along Gay Avenue (formerly Old Hwy 80), east and west of entry lane; also along west side of entry lane/driveway. • City fire hydrants located along all public road frontage; also a hydrant located at the driveway within 225 ft of the house. • Outdoor grill picnic area: 40 ft x 60 ft concrete patio, large grill/smoker, tables, electricity, water. • Three-rail wooden fence at back yard. Large Crepe Myrtles, Pine, Pecan and Oaks. • Grape arbor; berry trellises; vegetable garden plot; rose beds. • Shallow water well supplies water to some of