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$340,000

NAL Estimated Property Value

100 Madison Drive, Longview, TX, 75603

$401,034 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,412 Sq Ft
price_per_sqft$129.77 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size18,208 sqft

Building Information

Year Built1979
Stories1
Roof Type109
Garage Spaces4

Land Information

APN1040020003-014-00-03
Lot Number14
SubdivisionAirport Gardens
Land UseResidential
Legal DescriptionLT 14 BLK 3 AIRPORT GARDENS #2 (N/2 LT 14)
Census Tract010502
Assessed Land Value$6,310
Assessed Improvement Value$306,390
Assessment Year2025

About this property

%% Listed below appraisal value%% !! VA Assumable loan @ 6%!! ** MOTIVATED SELLER - BRING ALL OFFERS!! ** Spacious, Immaculate Home on Corner Lot with Shop - Every inch of this beautifully maintained 4-bedroom, 3-bathroom home is exceptionally clean and move-in ready. Situated on a large corner lot, the property features a privacy fence along with an impressive 28x28 shop complete with an attached equipment shed—perfect for storage, hobbies, or projects. Designed with entertaining in mind, the home offers an open living and dining area, as well as a spacious second living room, providing plenty of room for gatherings or relaxing. The kitchen is both functional and inviting, featuring quality wood cabinetry and convenient pull-out shelving in most lower cabinets. Just off the kitchen, you’ll find a large laundry or mud room for added convenience. The bedroom layout offers privacy and flexibility, with one bedroom featuring its own private bath. The primary suite includes a large walk-in closet and a beautifully remodeled bathroom (2019). Recent updates add even more value, new paint (2023) including a new water heater (2022), roof and gutters on both the home and shop (June 2023), and energy-efficient Woodbridge triple-pane windows installed in 2018 for improved comfort and noise reduction. Also, a new oven and microwave were added to the kitchen appliances. With generous living space inside and out, this home is perfect for families of all sizes. Don’t miss your chance to see this truly exceptional property in person!

Investor Tools

Property Icon
$340,000
Estimated Property Value
$301,264Estimated Mortgage Balance
$38,736Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$401,034
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,038
$312,700
2025
$6,310
$306,390
$312,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,038
$312,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$310,500
Yes
First
Sep 11, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,264
$38,736
11%
89%
$1,862/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,862/mo
$-442/mo
5.0%

Learn About the Market: Opportunity in Texas

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Explore

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: Longview

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100 Madison Drive | Property Details | No Agent List