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$609,220

NAL Estimated Property Value

11861 Us Highway 271, Gladewater, TX, 75647

Off MarketInfo
CommercialInfo
Baths14,500 Sq Ft
price_per_sqft$29.31 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

FlooringOther

Exterior

Lot Size3.52 acres

Building Information

Year Built2007

Land Information

APN65012276
Land UseIndustrial
Legal DescriptionABS A151 EVANS, E A J,TRACT 26-1, 3.516 ACRES & BLDG
Census Tract950600
Assessed Land Value$36,580
Assessed Improvement Value$572,640
Assessment Year2025

About this property

Commercial Building in Union Grove! This building is approximately 14,500 and sits on 3.5 acres. The building has multiple roll up doors: 16x10, 10x10, 10x8, and 16x10 at the loading dock. There is a portion of the building that is finished out as an office. In the office there are 3 separate offices, a restroom with a shower and a washer and dryer hookup. Outside the office there are 4 other rooms that are currently used for upholstery and paint. There is also a break room that has 2 separate restrooms. A unique feature of this building is the electrical is wired so the building can be split into two separate units. So a new owner could potentially use one side and lease the other or possibly lease to two separate tenants. There is approximately 430 feel of road frontage on Hwy 271. Call for more information!

Investor Tools

Property Icon
$609,220
Estimated Property Value
$0Estimated Mortgage Balance
$609,220Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,655 /month
Positive
Cash Flow Estimate:
$1,218 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,082/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,938
$609,220
2025
$36,580
$572,640
$609,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,938
$609,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$609,220
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gladewater

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11861 Us Highway 271 | Property Details | No Agent List