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221 Lockerplant Rd, Gladewater, TX, 75647

4beds
4baths
952sqft
$399,900
$420price/sqft
$3,037/moest. monthly cost
$121,480/yrincome needed

About This Home

Unique investment opportunity on 3.5 acres! This versatile property includes two income-producing homes currently being used as rental properties, plus a large commercial-grade shop with endless possibilities. The main shop features a 50’ x 80’ section with 12-foot sidewalls and an attached 40’ x 60’ section with 16-foot sidewalls, offering ample space for storage, equipment, workshops, or business operations. Property is equipped with electric, water, and sewer connections. Whether you’re looking to expand your rental portfolio, operate a business, or create a live/work setup, this property offers exceptional flexibility and potential.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

2/10
4/10
Gladewater Middle SchoolGrades 6-82.0 mi
5/10
Gladewater High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Slab,Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Wood Frame,Metal,Brick and Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven-Electric

Bathroom

  • Features: Shower/Tub

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Other/See Remarks
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central/Electric
  • Cooling features: Central Electric

Interior Area

  • Total structure area: 952
  • Total interior livable area: 952 sqft

Kitchen

  • Features: Kitchen/Eating Combo

Property

Details

  • Parcel number: 03450271000210001
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Other/See Remarks
  • Fencing: Metal,Barbed Wire,Pipe

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Cold Wave
Hail
Heat Wave
Lightning
Strong Wind
Winter Weather
Inland Flooding

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$400$4,800
Property Taxes $377$4,524
Electricity $238$2,859
Total$3,037$36,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,125/yr
40% on housing$91,110/yr
45% on housing$80,986/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$420This listing

vs Other Active Listings

Avg $/sqft

ZIP 75647$119
Gregg County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 75647$127
Gregg County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-28Price change$399,900
2026-06-05Listed for sale$475,000

For Sale by Agent

AgentLaurie Wallace
BrokerageCB&A, Realtors - Tyler

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