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$304,020

NAL Estimated Property Value

121 Gilmer Rd, Longview, TX, 75604

$395,226 ARVInfo
Recently SoldInfo
10/15/26
Beds— Beds
Baths— Bath
Baths3,795 Sq Ft
OfficeOffice
Year BuiltBuilt in 1989

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size27,443 sqft

Building Information

Year Built1989
Stories1

Land Information

APN0369000404-053-03-02
SubdivisionSkillern I C Sur
Land UseCommercial
Legal DescriptionAB 4 I C SKILLERN SUR TR 53-03 SEC 4
Census Tract000502
Assessed Land Value$27,440
Assessed Improvement Value$276,580
Assessment Year2025

About this property

Prime commercial building opportunity located on highly visible Gilmer Rd with convenient access to Hwy 80. This well-positioned office building offers approximately 3,795 square feet and features a highly functional layout with 9+ private offices, making it ideal for medical, professional, personal training, or general office use. The property includes ample parking with approximately 26 spaces, providing excellent accessibility for both clients and staff. Situated on a 0.63-acre lot, the site offers strong visibility and ease of ingress/egress in a high-traffic area of Longview. Interior spaces are thoughtfully arranged to support a variety of business operations, with multiple offices, reception areas, and support spaces that can accommodate a range of professional uses. This property presents a strong opportunity in a growing corridor. Call today for additional details or to schedule a private tour.

Investor Tools

Property Icon
$304,020
Estimated Property Value
$272,768Estimated Mortgage Balance
$33,317Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$395,226
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,737
$304,020
2025
$27,440
$276,580
$304,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,737
$304,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Building Or Construction Loan
$276,400
No
First
Aug 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,768
$31,252
10%
90%
$1,658/mo

City: Longview

121 Gilmer Rd | Property Details | No Agent List