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$357,000

13 Iris Cir., Longview, TX, 75601

$408,415 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,504 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.87 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Ice Maker, Microwave, Refrigerator, Gas Water Heater

Exterior

Lot Size19,600 sqft

Building Information

Year Built1950
Stories1
Roof Type109
Garage Spaces2

Land Information

APN3650000001-008-00-02
Lot Number8-10
SubdivisionJunius Heights
Land UseResidential
Legal DescriptionLTS 8; 9A & 10A BLK 1 (NCB 883) JUNIUS HTS (N PT OF LTS 9 & 10)
Census Tract000402
Assessed Land Value$16,480
Assessed Improvement Value$310,550
Assessment Year2025

About this property

*$2500 Seller Assist Towards Closing Costs* *One Year Home Warranty Included* *Lease Purchase Offered to Qualified Buyers With 5 bedrooms, including 2 primary suites and 3.5 bathrooms, this 3504 sq ft, mid-century modern farmhouse is thoughtfully crafted. From the built-ins, to the imported Italian tile, to the established, Longview neighborhood, this house is oozing with history and charm. Purchased from the original owners, this diamond in the rough was restored to its better than, former glory with modern touches and deliberate designs such as the blue farmhouse sink, conversion of electric to gas cooking, custom cabinets to match the originals, layout redesigns to better utilize the pre-existing footprint, lighting upgrades throughout, new roof, the list of improvements is extensive. The home comes partially furnished. All appliances included. Opportunity galore to rent out one side of the house as an efficiency apt, an extended stay for guests or an in-law suite. If you value the preservation of original mid-century craftsmanship, elevated with modern farmhouse details, 13 Iris Circle is a Must See.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$0Estimated Mortgage Balance
$131,338Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$408,415
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,341
$327,030
2025
$16,480
$310,550
$327,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,341
$327,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gilmer National Bank
Purchase Money Mortgage
$254,000
No
First
Aug 18, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,662
$131,338
36%
63%
$1,523/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,523/mo
$-153/mo
4.6%

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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13 Iris Cir. | Property Details | No Agent List