600 Canfield St Unit 614 Gladewater, TX 75647
Estimated payment $4,044/month
Highlights
- Laundry Room
- Landscaped
- Combination Kitchen and Dining Room
- Tile Flooring
- Central Heating and Cooling System
- Ceiling Fan
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,948
Year Built
- Built in 1977
Lot Details
- Landscaped
Home Design
- Gable Roof Shape
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Combination Kitchen and Dining Room
Kitchen
- Electric Oven
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Laundry
- Laundry Room
- Electric Dryer
Parking
- 2 Car Garage
- Parking Pad
- Side or Rear Entrance to Parking
Utilities
- Central Heating and Cooling System
- Cooling System Powered By Gas
- Heating System Uses Gas
- Electric Water Heater
Community Details
- 4 Buildings
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 25264
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,948 | $474,900 | $7,720 | $467,180 |
| 2023 | $7,393 | $355,000 | $7,720 | $347,280 |
| 2022 | $8,809 | $420,320 | $7,720 | $412,600 |
| 2021 | $6,861 | $260,000 | $7,720 | $252,280 |
| 2020 | $7,156 | $269,940 | $7,720 | $262,220 |
| 2019 | $5,852 | $212,620 | $7,720 | $204,900 |
| 2018 | $928 | $216,100 | $7,720 | $208,380 |
| 2017 | $4,972 | $180,620 | $7,720 | $172,900 |
| 2016 | $5,051 | $183,510 | $7,720 | $175,790 |
| 2015 | $803 | $183,510 | $7,720 | $175,790 |
| 2014 | -- | $186,420 | $7,720 | $178,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | For Sale | $619,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $270,000 | New Conventional | |
| Previous Owner | $30,000 | Stand Alone Second |
Source: Longview Area Association of REALTORS®
MLS Number: 20256330
APN: 25264
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 Longview Area Association of REALTORS®. All rights reserved. Information is deemed reliable but not guaranteed.
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