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Days83Days on Market
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$315,000

120 Burton St, Longview, TX, 75603

$409,500 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,547 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.81 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater

Exterior

Lot Size29,011 sqft

Building Information

Year Built2001
Stories1
Roof Type109
Garage Spaces4

Land Information

APN4255000000-030-00-03
Lot Number30
SubdivisionMagnolia
Land UseResidential
Legal DescriptionLT 30 MAGNOLIA
Census Tract010502
Assessed Land Value$30,970
Assessed Improvement Value$488,540
Assessment Year2025

About this property

This remarkable property features a 3-car garage plus a separate brick garage fuly plumbed with a commode, perfect for lawn equipment or extra storage. The grand foyer leads to a spacious study with built-in speakers, ideal for work or relaxation. The primary suite is a private retreat with a wet bar, cozy fireplace, and backyard access, while the primary bath offers his-and-hers vanities. Every room is handcrafted with generous space and luxury details, making this home truly stand out. With thoughtful design, ample space, and creative potential, this home is ready for you to build equity and create the dream home you’ve been waiting for. Don’t miss this opportunity!

Investor Tools

$382,232Estimated Mortgage Balance
$142,808Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$409,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,117 /month
Positive
Cash Flow Estimate:
$1,039 /month

Interested in this property?

Alex Chapa

Marksman Management

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,645
$519,510
2025
$30,970
$488,540
$519,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,645
$519,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James B Nutter & Co
Reverse Mortgage / Hecm
$555,000
No
First
Sep 18, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,232
$137,278
26%
74%
$3,328/mo

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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120 Burton St | Property Details | No Agent List