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$225,000

1200 Miami Drive, Longview, TX, 75601

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.57 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave
FlooringTile, Vinyl

Exterior

Lot Size12,990 sqft

Building Information

Year Built1958
Stories1
Roof Type109
Garage Spaces2

Land Information

APN5035020859-021-00-02
Lot Number21
SubdivisionNorthwest Hills
Land UseResidential
Legal DescriptionLT 21 (NCB 859) NORTHWEST HILLS #2
Census Tract000502
Assessed Land Value$17,180
Assessed Improvement Value$163,060
Assessment Year2025

About this property

2022 Total Remodel Move-In Ready with Premium Upgrades Skip the "fixer-upper" and move into a home where the hard work is already done! This property is perfectly situated in a quiet neighborhood, offering the perfect balance of convenience and recreation; close to the mall, grocery stores, restaurants, and just steps away from the local walking trail. Complete 2022 Overhaul: New subflooring, commercial-grade LVF (luxury vinyl flooring) and fresh sheetrock throughout. Doors & Security: New interior and exterior doors throughout, a brand-new garage door, and an installed alarm system for peace of mind. High-end Finishes: Granite countertops in the kitchen and all bathrooms , new cabinetry. modern faucets, and new light fixtures/ceiling fans. Kitchen: Upgraded gas range, dishwasher, and microwave (all Whirlpool brand) Systems & Efficiency: Pier and beam foundation allowed for a full plumbing upgrade to modern flex lines; includes a high efficiency tankless water heater, and patio is plumbed for a gas grill. Convenience: Washer and dryer convey with the sale.

Investor Tools

$126,695Estimated Mortgage Balance
$96,305Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,357
$180,240
2025
$17,180
$163,060
$180,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,357
$180,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Va
$140,623
Yes
First
Mar 18, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,695
$96,305
43%
57%
$844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$844/mo
+$386/mo
6.6%

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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1200 Miami Drive | Property Details | No Agent List