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$60,000

420 W Upshur Ave, Gladewater, TX, 75647

On MarketInfo
Just AddedInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,696 Sq Ft

About this property

PRIME DOWNTOWN GLADEWATER INVESTMENT OPPORTUNITY! Three parcels conveniently located on W. Upshur Avenue and Tenery St. in the heart of Gladewater! Offering a unique combination of zoning, with one parcel designated Heavy Commercial and two parcels zoned Two-Family Residential, this property presents exciting possibilities for investors, builders, and developers. Whether you're considering duplex development, residential investment opportunities, or commercial use, the flexibility and location make this property worth exploring! Situated within walking distance of downtown shopping, dining, local businesses, and everyday conveniences, this is an excellent opportunity to invest in a growing East Texas community. Bring your vision and explore the possibilities! Buyer to verify zoning, permitted uses, and development requirements with the City of Gladewater.

Investor Tools

$0Estimated Mortgage Balance
$52,650Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$360 /month
Positive
Cash Flow Estimate:
$120 /month

Interested in this property?

Crystal McDaniels

Fathom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$86/month
No HOA
5.947%

City: Gladewater

420 W Upshur Ave | Property Details | No Agent List