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Multifamily Property with Multiple Dwellings
New
For Sale
$633,555

18501 CR 3131, Gladewater, TX 75647

Business Opportunity, Gladewater, TX

Property SizeContact for details
Lot Size5.74 Acres
Days on Market6

Property Features for 18501 CR 3131

General Information

Property type Commercial Sale
Property subtype Other
High school district GLADEWATER ISD
Directions From Gladewater take 271 to right on McComic left on RD 366 right on Starnes loop right on RD 3131property on the left see sign
Standard status Active
Lot size 5.74 Acres

Taxes and HOA fees

Tax Annual Amount 2035

Utilities

Water source Well

Building Details

Year built 1996
Listing Agency: STEPPING STONE REALTY
Listed By: Rosemarie Christner
Added: Oct 28 Last Checked: Nov 2 at 6:06AM
MLS# 12045645

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Set on 5.74 acres, this multifamily property contains five separate living spaces. The main home has three bedrooms and three bathrooms. A duplex adds two units: one with four bedrooms and two bathrooms, and another with three bedrooms and two bathrooms. There is also a two-bedroom, one-bath apartment and a tiny house.

The property is outside city limits, has no zoning restrictions, and draws water from a well. The improvements were built in 1996.

Key Highlights

  • Five dwellings across 5.74 acres: a main home, duplex, apartment, and tiny house
  • Main residence includes 3 bedrooms and 3 bathrooms
  • Duplex has a 4‑bedroom, 2‑bath unit and a 3‑bedroom, 2‑bath unit

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

Demographics for 75647, TX

13,485
Population
5,706
Households
2.4
Avg Household Size
40
Median Age
17%
College-Educated
85%
High-School Grad
88.6 sq mi
ZIP Area
152
Density / Sq Mi
$61,356
Median Household Income
$38,939
Median Earnings
$1,030
Median Rent
$164,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Five separate living spaces provide options for on-site occupancy and rental use.
Where is this multifamily property located?
The property is located at 18501 CR 3131 Gladewater, TX.
What is the asking price?
The asking price for this property is $633,555.
What are key features of this property?
This property features: Five dwellings across 5.74 acres: a main home, duplex, apartment, and tiny house; Main residence includes 3 bedrooms and 3 bathrooms; Duplex has a 4‑bedroom, 2‑bath unit and a 3‑bedroom, 2‑bath unit
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