Date
Details
Price
Change
Source
9/02/2026
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$895,000 Just Listed
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1/20
Property Description
Eastgate Duplexes presents the opportunity to acquire a 14-unit multifamily portfolio consisting of seven single-story duplex buildings across eight separate parcels in Gladewater, Texas. The portfolio totals 13,384 SF on approximately 3.19 acres, with a uniform mix of fourteen 2-bedroom, 1-bath units averaging approximately 956 SF each. Ownership has completed significant recent improvements, including new roofs and gutters across all seven buildings in 2025, along with interior renovations and flooring improvements in select units. The portfolio offers identifiable upside through continued rent growth, with in-place rents averaging approximately $850 per month and recent leases signed at $900 and $950. The separate parcel configuration also provides investors with added flexibility to hold the portfolio as a whole or potentially sell individual duplex properties over time. PROPERTY DETAILS & HIGHLIGHTS 1Located between Tyler and Longview with convenient access to U.S. Highway 80 and Interstate 20, Eastgate Duplexes offers a manageable multifamily investment with current income, recent capital improvements, and multiple paths for future value creation.
Full Property Details
Full Property Details for 1007 Richey
General
- Price: $895,000
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: Tyler_MLS
- MLS ID: 26012273
- Updated: 9/2/2026
- Added to Site: 4 day(s) ago
Additional Information
- Security/Safety: Audio and Video Surveillance
Location
- County: Gregg
- Driving Directions: From Tyler, take US-271 N approx. 24 mi to S Loop 485. Turn right, then right on US-80 E. Turn left on Shell Camp Rd, then left on Richey Dr. Destination on the left.
Utilities
- Sewer: Public Sewer
Structural Information
- # Buildings: 7
- Construction: Brick
- Current Bldg. Use: Apartments, Other
- Year Built: 1976
- Year Built Source: CAD
- Property Condition: Pre-owned
Lot Features
- Lot Size (Acres): 3.19
- Lot Dimensions: 741 x 188
- Lot Features: Inside City Limits
- Lot Description: 3 to 5 Acres
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LT 10 BLK 2 RICHEY ADDN
Listed by Scarborough Commercial Real Estate, Samuel Scarborough
We Value Your Privacy
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Listing agent
— 1007 Richey —
Samuel Scarborough
Scarborough Commercial Real Estate
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1007 Richey
School District:Gladewater Independent School District
| Name | Grades | Distance |
|---|---|---|
Gladewater Primary School 100 West Gay Avenue, Gladewater, TX 75647 | PK-1 | 0.9 mi |
Weldon Intermediate School 314 East Saunders Street, Gladewater, TX 75647 | 2-5 | 1.6 mi |
Gladewater Middle School 414 South Loop 485, Gladewater, TX 75647 | 6-8 | 1.7 mi |
Gladewater High School 2201 West Gay Avenue, Gladewater, TX 75647 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1007 Richey
Tax History
Tax History for 1007 Richey
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,086
207%
$150,770
2%
2023
$1,004
-29%
$148,400
25%
2022
$1,423
42%
$119,020
45%
2021
$1,004
147%
$82,010
-2%
2018
$406
-84%
$83,360
-10%
2018
$2,557
—
$92,890
—
2017
$2,561
-2%
$93,050
-2%
2016
$2,602
4%
$94,530
—
2015
$2,513
3%
$94,530
-1%
2014
$2,438
1%
$95,690
5%
2019
$2,423
13%
$91,420
-4%
2013
$2,135
—
$95,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1007 Richey
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1007 Richey, Gladewater, TX 75647 (MLS# 26012273) is a Commercial property. 1007 Richey is currently listed for $895,000 and was received on September 02, 2026. Want to learn more about 1007 Richey? Do you have questions about finding other Commercial real estate for sale in Gladewater? You can browse all Gladewater real estate or contact a Coldwell Banker agent to request more information.