Last 24 Hours
$12,000
1007 Melvin St, Longview, TX, 75604
On Market
Just Added
— Beds
1 Bath
1,263 Sq Ft
Built in 1966About this property
Build your next home in Pine Tree ISD! This approximately 0.28-acre corner lot offers a mostly level, cleared homesite with approximately 120' x 100' of space. Zoned residential and located within the City of Longview, with city utilities available. Conveniently situated at the corner of Melvin and Bonnita Streets, this property offers easy access to schools, shopping, dining, medical services and more. Whether you're looking to build your own home or add a property to your portfolio, this affordable lot is ready for its next chapter.
Investor Tools
$0Estimated Mortgage Balance
$167,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,002 /month
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Cash Flow Estimate:
$334 /month
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Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%
12.4%