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$575,000

1203 E SH 31, Longview, TX, 75604

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Welcome to this exceptional 5.05-acre commercial property boasting a prime location on Hwy 31, just inside Loop 281. With extensive road frontage on Hwy 31 and proximity to key landmarks such as the Fairgrounds and Maude Cobb Convention Center, this property offers unparalleled visibility and accessibility. Conveniently situated with easy access to Interstate 20 and Loop 281, it presents a rare opportunity for various commercial ventures. Formerly utilized as a mobile home community, making it an ideal investment for exploring alternative commercial ventures. The presence of a building on-site previously used as an office, along with covered storage, further enhances its versatility and potential for various business endeavors. The gated entrance ensures security and controlled access, while paved roads traverse the property, providing convenience and ease of navigation for visitors and tenants alike.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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1203 E SH 31 | Property Details | No Agent List