Last 24 Hours
$254,000
NAL Estimated Property Value1205 Garden Drive, Longview, TX, 75603
$306,491 ARV
Off Market
3 Beds
2 Bath
1,866 Sq Ft
$112.49 / sqft
Built in 1975Property Lead Type:
BankruptcyAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage AvailableAppliancesElectric Water Heater
Exterior
Lot Size2.14 acres
Building Information
Year Built1975
Stories1
Roof Type109
Garage Spaces4
Land Information
APN1290010002-004-00-03
Lot Number4
SubdivisionBig T Ranchettes #1
Land UseResidential
Legal DescriptionLT 4 BLK 2 BIG T RANCHETTES #1
Census Tract010501
Assessed Land Value$24,330
Assessed Improvement Value$204,400
Assessment Year2025
About this property
If you’ve been searching for a property with land and potential, this one checks all the boxes. Nestled on 2 acres in Longview, this home offers a versatile floor plan with a converted garage perfect for an extra bedroom, game room, or home office. The detached garage provides additional space for storage or hobbies. With great structure and endless possibilities, this property is an excellent opportunity to update and create something special.
Investor Tools
$254,000
Estimated Property Value
$0Estimated Mortgage Balance
$254,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$306,491
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,285
$228,730
2025
$24,330
$204,400
$228,730
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,285
$228,730
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,270/mo
N/A
+$1,270/mo
6.0%
12.4%