Sold

Price Unknown

523 Melba Ave, Gladewater, TX 75647

--beds

--baths

1,995sqft

Duplex

Built in 1950

-- sqft lot

$89,500 Zestimate^®

$--/sqft

$1,324 Estimated rent

Home value

$89,500

$81,000 - $98,000

$1,324/mo

Zestimate^® history

Owner options

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$1,324/mo

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$1,324/mo

Rent Zestimate^®

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What's special

Detached garageFenced yard

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 — a solid buy-and-hold addition to any portfolio.

Facts & features

Interior

Rooms

Room types: Den

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Electric Range/Oven, Electric Water Heater

Features

Ceiling Fan(s), Eat-in Kitchen
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,995
Total interior livable area: 1,995 sqft

Property

Parking

Total spaces: 2
Parking features: Garage, Detached
Has garage: Yes

Features

Patio & porch: Covered, Enclosed
Fencing: Partial

Lot

Size: 9,500 Square Feet
Dimensions: 100'x95'
Features: Curbs/Gutters

Details

Parcel number: 47588

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Brick
Foundation: Pillar/Post/Pier
Roof: Composition,Gable

Condition

Year built: 1950

Utilities & green energy

Electric: Separate Meter-Electric, Electric, Separate Meter, Swepco
Gas: N/a
Sewer: Public Sewer
Water: City Water, City Of Gladewater
Utilities for property: Electricity Available

Community & HOA

Location

Region: Gladewater

Financial & listing details

Tax assessed value: $125,330
Annual tax amount: $2,633
Date on market: 9/22/2025
Listing terms: Cash,Conventional
Total actual rent: 775
Road surface type: Paved

Price history

Date	Event	Price
4/30/2026	Sold	--
Source: LGVBOARD #20256479 Report a problem
2/3/2026	Price change	$137,995-1.4%$69/sqft
Source: LGVBOARD #20256479 Report a problem
9/22/2025	Listed for sale	$139,995$70/sqft
Source: LGVBOARD #20256479 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,301 -3%	$125,330 +0.9%
2024	$1,342 +7.5%	$124,260 +7.5%
2023	$1,248 +10.2%	$115,560 +22%
2022	$1,133 +46.8%	$94,740 +50.2%
2021	$772 +2.9%	$63,060
2020	$750 -7.3%	$63,060 -7.4%
2019	$809 +174%	$68,120 +0.9%
2018	$295 +0.5%	$67,480 +0.5%
2017	$294 +1.5%	$67,120 +1.5%
2016	$289 +0.1%	$66,150 +0.1%
2015	$289	$66,060 +37.1%
2014	--	$48,180
2013	--	$48,180 +10.7%
2012	--	$43,510 -30.1%
2011	--	$62,250 +2.6%
2010	--	$60,700 -1%
2009	--	$61,310 -0.4%
2008	--	$61,560 +126.8%
2007	--	$27,140
2006	--	$27,140 +8.8%
2005	--	$24,940 +2.8%
2004	--	$24,250 +15.1%
2003	--	$21,070 -6.6%
2001	--	$22,560