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$743,000

1112 Masters Way, Longview, TX, 75605

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.86 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Gas Water Heater
FlooringTile

Exterior

Lot Size18,853 sqft

Building Information

Year Built2019
Stories1
Roof Type109
Garage Spaces4

Land Information

APN1678030003-002-00-02
Lot Number2
SubdivisionChampions Ridge Phs Iii
Land UseResidential
Legal DescriptionLT 2 BLK 3 CHAMPIONS RIDGE PHASE III
Census Tract000602
Assessed Land Value$85,000
Assessed Improvement Value$615,440
Assessment Year2025

About this property

Nestled in the highly sought-after and exclusive neighborhood of Champions Ridge, this stunning 2020 Parade Home is the perfect blend of luxury, functionality and modern design. From the moment you arrive, you’ll be greeted by a striking modern double iron door, setting the tone for the elegant interiors that await. Step inside to an open concept layout ideal for both everyday living and entertaining. The gourmet kitchen is a chef’s dream, outfitted with premium GE Monogram appliances, including a built-in refrigerator, double ovens and a six-burner gas cooktop with griddle. Rich finishes and high-end details continue throughout the home. The spacious split master suite offers privacy and comfort, while three additional guest bedrooms, two of which share a convenient Jack and Jill bathroom, provide plenty of space for family and friends. Upstairs, a versatile bonus room with a full bath, custom tile, and a generous closet offers even more possibilities, perfect as a game room, media room, or private guest retreat. Outdoor living shines in this home with a beautifully designed covered patio featuring a built-in gas grill, sink, refrigerator, and a custom brick fireplace, ideal for year-round entertaining. A plus is the whole home generator installed in 2023. Also, enjoy golf cart access to Crossing Creeks Country Club, making weekend rounds or social events a breeze.

Investor Tools

Property Icon
$743,000
Estimated Property Value
$750,000Estimated Mortgage Balance
$2,856Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,300/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,883
$700,440
2025
$85,000
$615,440
$700,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,883
$700,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Closed-End Mortgage / Closed-End With Future Advance Clause
$750,000
No
First
Aug 8, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$740,144
$2,856
0%
100%
$4,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$5,097/mo
$-3,447/mo
2.7%

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.

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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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1112 Masters Way | Property Details | No Agent List