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    115 Pr 1301 / Hwy, Unit 271 Gladewater, TX 75647

    For Sale
    $479,950

    Other - Gladewater, TX

    Days on Market:
    114
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 115 Pr 1301 / Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Open
    Fireplace
    1

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    2017
    Floors in Building
    1
    Number of units
    15
    Roof type
    Composition
    Architectural style
    Other

    TEXAS FARMS AND RANCHES (903) 663-5000 [email protected]

    Listing agent Mark Coleman (903) 663-5000

    Listing date Aug 20, 2025

    MLS# 20255737 Listing URL

    Copyright © 2025 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gladewater RV Park and Triplex

    Located in Gladewater, Texas, this property features an RV park with 12 spaces and a triplex. The triplex includes an efficiency apartment, a one-bedroom, one-bathroom apartment, and a two-bedroom, two-bathroom apartment. The property is situated across the street from Union Grove schools and stadium, within the Union Grove school district. A laundry room is also included. The property's main entrance is on Highway 271. There is potential for expansion, with an additional 3.85 acres adjoining the property available. The gross income potential when fully occupied is over $6500 per month.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Gladewater
    County
    Gregg
    State
    Texas
    Longitude
    -94.9346
    Latitude
    32.5672

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    FAQs

    What type of property is this?
    Triplex - RV park and triplex near Union Grove schools.
    Where is this triplex located?
    The property is located at 115 Pr 1301 / Hwy, Unit 271 Gladewater, TX.
    What is the asking price?
    The asking price for this property is $479,950.
    What are key features of this property?
    This property features: - High gross income potential (over $6500/month when full).; - Located in highly desirable Union Grove school district.; - **12 RV spaces plus a triplex** (efficiency, 1/1, and 2/2 apartments).
    (903) 663-5000
    Request Owner's contact information
    115 Pr 1301 / Hwy, Unit 271 Gladewater, TX 75647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Pr 1301 / Hwy, Unit 271 Gladewater, TX 75647
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