Unique multifamily property located outside city limits on just under 6 acres with no zoning restrictions. This versatile property features multiple dwellings, offering flexibility for owner occupancy, income production, or multi-generational living. The main residence includes 3 bedrooms and 3 bathrooms and is well suited for an owner-occupant seeking privacy while maintaining rental income on-site. Additional improvements include a duplex with one 4-bedroom, 2-bath unit and one 3-bedroom, 2-bath unit, a separate 2-bedroom, 1-bath apartment, and a tiny house, providing multiple independent living spaces.
Investor opportunity in Gladewater! This income-producing duplex offers two 2-bed/1-bath units of ~997 sq. ft. each. One side is occupied on a month-to-month lease at $775/mo, while the other is vacant and ready for a new tenant or owner-occupant. Tenants cover their own utilities, keeping landlord expenses low. Each unit includes kitchen appliances, and parking; one has a fenced yard. A detached garage provides additional storage. Centrally located near schools, the antiques district, and with quick access to Longview and Tyler, this duplex combines consistent rental demand with proven performance â?? a solid buy-and-hold addition to any portfolio.
Turnkey investment property featuring 4 duplexes (8 total units) that are 100% occupied and generating over $73,000 in annual gross rental income. Tenants pay all utilities, keeping operating costs low and cash flow strong. All buildings have brand-new roofs with a 15-year transferable warranty, reducing future maintenance expenses. Located near primary schools and the vibrant downtown area, this property offers consistent rental demand and long-term growth potentialâ??an ideal low-maintenance addition to any investment portfolio.
Gladewater is located in Texas. Gladewater, Texas has a population of 6,189. Gladewater is less family-centric than the surrounding county with 18.92% of the households containing married families with children. The county average for households married with children is 30.01%.
The median household income in Gladewater, Texas is $43,750. The median household income for the surrounding county is $56,566 compared to the national median of $69,021. The median age of people living in Gladewater is 33.8 years.
The average high temperature in July is 93.4 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 47.5 inches per year, with 0.9 inches of snow per year.
