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$176,240

NAL Estimated Property Value

1407 Miami Dr, Longview, TX, 75601

$181,136 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,488 Sq Ft
price_per_sqft$97.45 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Water Heater

Exterior

Lot Size10,498 sqft

Building Information

Year Built1958
Stories1
Roof Type109
Garage Spaces1

Land Information

APN5035030862-004-00-02
Lot Number4
SubdivisionNorthwest Hills
Land UseResidential
Legal DescriptionLT 4 BLK 862 NORTHWEST HILLS #3
Census Tract000502
Assessed Land Value$11,310
Assessed Improvement Value$164,930
Assessment Year2025

About this property

Priced to sell! This 3-bedroom, 1.5-bath home offers 1,488 sq ft of living space and sits on a fully fenced lot. Nice layout with tons of potential - just needs your personal touch to bring it back to life. Ideal for investors or savvy buyers. Don’t miss out on this value-packed opportunity!

Investor Tools

Property Icon
$176,240
Estimated Property Value
$156,516Estimated Mortgage Balance
$19,724Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$181,136
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,057 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,279
$176,240
2025
$11,310
$164,930
$176,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,279
$176,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas National Bank Of Jacksonville
Commercial
$158,600
No
First
Aug 21, 2025
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,516
$19,724
11%
89%
$951/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$951/mo
+$279/mo
8.4%

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.

Explore Texas Explore This Area
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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1407 Miami Dr | Property Details | No Agent List