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$216,680

NAL Estimated Property Value

1505 Berry Ln, Longview, TX, 75602

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.22 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Water Heater
FlooringLaminate, Tile

Exterior

Lot Size14,475 sqft

Building Information

Year Built1967
Stories1
Roof Type172
Garage Spaces2

Land Information

APN7380020753-006-00-02
Lot Number6
SubdivisionWare Acres
Land UseResidential
Legal DescriptionLT 6 BLK 753 WARE ACRES #2
Census Tract001400
Assessed Land Value$7,490
Assessed Improvement Value$209,190
Assessment Year2025

About this property

This charming 3-bedroom, 2-bath home in South Longview offers a perfect blend of modern updates and cozy comforts. Situated on a corner lot, its mid-century modern exterior is complemented by fresh paint and upgraded flooring throughout, creating a warm and inviting atmosphere filled with natural light. Inside, you'll find two spacious living areas, ideal for hosting gatherings or simply relaxing. The kitchen is a standout feature, boasting ample cabinetry, elegant stone countertops and backsplash, as well as a convenient breakfast bar for quick meals on busy days. The primary bedroom includes an en suite bath with a walk-in shower and nice size closet. The guest bedrooms are generously sized, complete with built-in closets and shelving, and they share a well-appointed hall bath. Outside, the property shines with two fenced-in yards adorned with mature landscaping, offering plenty of space for outdoor enjoyment and activities. With its appealing aesthetics, practical layout, and desirable amenities, this home embodies the best in comfortable living at an attractive price point. Don't miss out on the opportunity to see all that this home has to offer!

Investor Tools

Property Icon
$216,680
Estimated Property Value
$147,671Estimated Mortgage Balance
$69,009Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,862
$216,680
2025
$7,490
$209,190
$216,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,862
$216,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Commercial
$156,000
No
First
Jun 24, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,671
$69,009
31%
68%
$936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,220/mo
$936/mo
+$284/mo
6.8%

City: Longview

1505 Berry Ln | Property Details | No Agent List