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$225,000

NAL Estimated Property Value

1507 Willow Oak Dr, Longview, TX, 75601

$281,630 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,611 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$79.43 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size21,625 sqft

Building Information

Year Built1956
Stories1
Roof Type109
Garage Spaces2

Land Information

APN1545000847-005-00-02
Lot Number5
SubdivisionBrookwood Place
Land UseResidential
Legal DescriptionLT 5 (N PT LT 5) BLK 847 BROOKWOOD PLACE
Census Tract000402
Assessed Land Value$14,030
Assessed Improvement Value$206,920
Assessment Year2025

About this property

HUD owned property. Case #491-939278. HUD properties are sold As-Is. Broker must be registered with HUD to sell property. No repairs or alterations until after closing & funding. Located in a desirable, central neighborhood, this home features a spacious living area, open kitchen with dining/living combo, and three generously sized bedrooms. An addition includes a huge laundry room with wall-to-wall storage, two versatile bonus rooms featuring one with a jacuzzi tub, vanity, and indoor aerobics pool. Enjoy the koi pond, backyard storage building, and a concrete slab ready for a primary suite or outdoor kitchen. Endless potential in a fantastic location!

Investor Tools

Property Icon
$225,000
Estimated Property Value
$451,828Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$281,629
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$649
$220,950
2025
$14,030
$206,920
$220,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$649
$220,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Building Or Construction Loan
$227,900
No
First
Nov 4, 2025
Nov 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$451,828
N/A
0%
201%
$2,734/mo

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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1507 Willow Oak Dr | Property Details | No Agent List