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$197,740

NAL Estimated Property Value

1200 E State Highway 31, Longview, TX, 75604

$257,062 ARVInfo
Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths3,871 Sq Ft
Year BuiltBuilt in 1993

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size40,293 sqft

Land Information

APN0259025603-051-01-00-02
Lot Number51
SubdivisionMann Marshall Sur
Land UseCommercial
Legal DescriptionAB 256 M MANN SUR TR 51-01 SEC 3
Census Tract001400
Assessed Land Value$40,290
Assessed Improvement Value$157,450
Assessment Year2024

About this property

MOTIVATED bring offer. Seller's loss - your gain.. Have you ever wanted to own a bar, well here is your chance to own a 3,871 sq ft bar. It might even be one of the largest stages in Longview. When purchased from the previous owner, place was practically gutted and remodeled. This bar is located in what is said to be a great "LOCATION" right on 31 within minutes down the road from REO. The custom woodworking throughout the bar adds a uniqueness in the space. There is plenty of storage along with 2 offices. You don't want a bar, then it is ready to transform into your dream business (so many possibilities) Call and come by to see this before you lose a once in a lifetime opportunity.

Investor Tools

Property Icon
$197,740
Estimated Property Value
$0Estimated Mortgage Balance
$197,740Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$257,062
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,398
$197,740
2024
$40,290
$157,450
$197,740
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,398
$197,740

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,740
100%
0%
$0/mo

City: Longview

1200 E State Highway 31 | Property Details | No Agent List