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Days85Days on Market
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$620,000

1518 Colony Circle, Longview, TX, 75604

On MarketInfo
CommercialInfo
Baths0 Bath
Baths3,245 Sq Ft
OfficeOffice
Year BuiltBuilt in 2019

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Lot Size21,418 sqft

Building Information

Year Built2019
Stories1

Land Information

APN1845000001-007-00-02
Lot Number7
SubdivisionColony Point
Land UseCommercial
Legal DescriptionLT 7 BLK 1 COLONY POINT
Census Tract000502
Assessed Land Value$21,420
Assessed Improvement Value$611,180
Assessment Year2025

About this property

Versatile commercial property with exceptional functionality, strong infrastructure, and room to grow. This well designed site offers a rare combination of office space, shop space, and yard utility that can support a wide range of industrial, service, logistics, or contractor operations. Inside, you will find multiple offices with carpeted flooring, a main work area with durable concrete floors, and a layout that easily supports daily business operations. The property also features an integrated camera system with 360 degree interior and exterior coverage, allowing visibility over the shop, trucks, and surrounding areas. A built in monitoring setup adds another layer of convenience and oversight for owners and operators. One of the standout features is the thoughtful use of the space, with flexible office configurations, a sales counter area, workspaces for management and operations, and a setup designed for efficiency. The glass writing surfaces create an at a glance planning system that is both practical and impressive. Additional highlights include a refrigerator area, integrated fire alarm system, and Starlink installation. The shop and yard components offer valuable utility for businesses that need equipment access, storage, workflow flexibility, and operational capacity. This property presents an outstanding opportunity for an owner occupant or investor seeking a highly usable commercial asset with modern systems already in place.

Investor Tools

$395,075Estimated Mortgage Balance
$237,525Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,796 /month
Positive
Cash Flow Estimate:
$1,265 /month

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Julie Woods

Julie Woods & Associate RE Fir

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,381
$632,600
2025
$21,420
$611,180
$632,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,381
$632,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank
Commercial
$464,245
No
First
Dec 27, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,075
$237,525
37%
62%
$2,784/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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1518 Colony Circle | Property Details | No Agent List