$149,900
1105 Rex Ln, Longview, TX, 75602
On Market
Property Lead Type:
Deal ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Microwave, Refrigerator, Electric Water Heater, Disposal, Electric Range, Electric Oven
Exterior
Lot Size9,945 sqft
Building Information
Year Built2020
Stories1
Roof Type109
Land Information
APN3950000682-016-00-02
Lot Number16
SubdivisionLatham Downs
Land UseResidential
Legal DescriptionLT 16 BLK 682 LATHAM DOWNS
Census Tract001500
Assessed Land Value$5,810
Assessed Improvement Value$142,040
Assessment Year2025
About this property
This inviting three-bedroom, two-bathroom home in Longview is designed for practical living. With a straightforward layout, it provides a solid option for buyers looking for a no-frills residential space. The interior is thoughtfully arranged, allowing for efficient daily routines and comfortable living, whether for residents or guests needing extra room. Interested in seeing this property? Contact us today to schedule a visit and discover all it has to offer.
Investor Tools
$8,700,277Estimated Mortgage Balance
$148,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,784
$147,850
2025
$5,810
$142,040
$147,850
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,784
$147,850
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Commercial
$10,000,000
No
First
Oct 22, 2019
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,700,277
N/A
0%
5879%
$59,956/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,220/mo
$59,956/mo
$-58,736/mo
9.9%
