For sale

$619,000

600-614 Canfield St, Gladewater, TX 75647

--beds

--baths

--sqft

$4,964/mo

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Duplex

Built in 1977

-- sqft lot

$592,900 Zestimate^®

$--/sqft

$-- HOA

What's special

Brand-new roofs

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 potential—an ideal low-maintenance addition to any investment portfolio.

314 days

101

3

Facts & features

Interior

Rooms

Room types: Living Room, Family Room, Utility Room

Dining room

Features: Formal Dining

Heating

Central, Natural Gas, Electric

Cooling

Central Air, Gas

Appliances

Included: Electric Range/Oven, Free Standing Range/Oven, Microwave, Dishwasher, Electric Water Heater
Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup

Features

Ceiling Fan(s), Eat-in Kitchen
Flooring: Vinyl, Tile
Windows: Window Treatments
Has fireplace: No
Fireplace features: None

Property

Parking

Parking features: Open, Parking Pad, Rear/Side Entry
Has uncovered spaces: Yes

Lot

Features: Landscaped

Details

Parcel number: 25264

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Brick
Foundation: Slab
Roof: Composition,Gable

Condition

Year built: 1977

Utilities & green energy

Electric: Electric, Separate Meter
Sewer: Public Sewer
Water: City Water
Utilities for property: Electricity Available

Community & HOA

Location

Region: Gladewater

Financial & listing details

Tax assessed value: $634,610
Annual tax amount: $13,329
Price range: $619K - $619K
Date on market: 9/15/2025
Listing terms: Cash,Conventional,FHA
Tenant pays: Electricity, Gas, Water
Road surface type: Paved

Estimated market value

$592,900

$563,000 - $623,000

$1,044/mo

Price history

Date	Event	Price
9/15/2025	Listed for sale	$619,000
Source: LGVBOARD #20256330 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,590 +43.2%	$634,610 +49%
2024	$4,601 +20%	$426,000 +20%
2023	$3,834 -9.7%	$355,000
2022	$4,245 +33.4%	$355,000 +36.5%
2021	$3,183 -0.8%	$260,000 -3.7%
2020	$3,210 +27.1%	$269,940 +27%
2019	$2,525 +167.1%	$212,620 -1.6%
2018	$945 +19.6%	$216,100 +19.6%
2017	$790 -1.6%	$180,620 -1.6%
2016	$803	$183,510
2015	$803	$183,510 -1.6%
2014	--	$186,420
2013	--	$186,420 -0.7%
2012	--	$187,640 +5.6%
2011	--	$177,760 +1.3%
2010	--	$175,420
2009	--	$175,420 +1.9%
2008	--	$172,210 +7.6%
2007	--	$160,060
2006	--	$160,060 -1%
2005	--	$161,740 +1.6%
2004	--	$159,190 +1.2%
2003	--	$157,340 +5.4%
2001	--	$149,340 +2.9%
2000	--	$145,150

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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