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$231,000

NAL Estimated Property Value

1504-1506 E Fairmont St, Longview, TX, 75604

$300,300 ARVInfo
Recently SoldInfo
9/24/26
Beds4 Beds
Baths4 Bath
Baths2,668 Sq Ft
price_per_sqft$86.58 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater, Dishwasher, Electric Oven, Electric Range

Exterior

Lot Size16,553 sqft

Building Information

Year Built1974
Stories1
Roof Type109
Garage Spaces4

Land Information

APN0369000405-080-00-02
SubdivisionSkillern I C Sur
Land UseResidential
Legal DescriptionAB 4 I C SKILLERN SUR TR 80 SEC 5
Census Tract000502
Assessed Land Value$9,570
Assessed Improvement Value$207,370
Assessment Year2025

About this property

Great investment opportunity in Longview ISD! This well-maintained brick duplex offers a total of 2,668 square feet, with each unit featuring approximately 1,334 square feet of living space. Both units include 2 bedrooms and 2 bathrooms and are currently occupied, providing immediate rental income for investors. Each unit offers a comfortable and inviting layout with cozy fireplaces, spacious living areas, and large primary bedrooms that include a private door leading to the outside, adding convenience and a unique touch. Tenants enjoy separate parking with private carport parking located at the rear of the property, providing added privacy and ease of access. With solid construction, desirable features, and an income-producing setup already in place, this duplex is a fantastic opportunity for investors or those looking to expand their rental portfolio! By appointment only! Schedule your showing today!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$344,036
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,677 /month
Positive
Cash Flow Estimate:
$559 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,540
$216,940
2025
$9,570
$207,370
$216,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,540
$216,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$309,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
N/A
+$1,610/mo
8.4%

City: Longview