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$649,900

16 Pegues Pl, Longview, TX, 75601

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.72 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Bathrooms Half 0.5Bathrooms Half 0.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Oven, Trash Compactor, Gas Water Heater
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size22,050 sqft

Building Information

Year Built1962
Stories2
Roof Type109
Garage Spaces4

Land Information

APN5360000006-014-00-02
Lot Number14
SubdivisionPegues Estates
Land UseResidential
Legal DescriptionLT 14 BLK 6 (NCB 806) PEGUES EST
Census Tract000300
Assessed Land Value$21,000
Assessed Improvement Value$408,320
Assessment Year2025

About this property

Beautifully updated 3,800 sq. ft. home on a well-kept half-acre in one of the area’s most desirable neighborhoods. This spacious property offers 4 bedrooms, 3 bathrooms, plus a flexible office that could easily serve as a 5th bedroom. It also includes a fully renovated private 1 bedroom, 1 bath apartment with its own entrance, full kitchen, and laundry—perfect for guests, extended family, or even extra income. As you step inside, you’ll notice the fresh updates, welcoming feel, and comfortable layout designed for everyday living. The vaulted primary suite is located on the main floor and features a relaxing bath with a garden tub, shower, double sinks, a vanity and a large walk-in closet. The main living area is centered around a cozy fireplace and flows into a wet bar—great for hosting friends and family. Double French doors lead out to a newly built deck where you can enjoy a peaceful backyard with views of a beautiful 10-acre wooded area and a small creek. The main level also includes a formal dining room, breakfast nook, additional living space, mudroom, and a nice-sized laundry room. The kitchen offers plenty of storage with two large pantries to keep things neat and organized. Upstairs, you’ll find three large bedrooms, including one oversized room (30x13) with lots of flexibility. Two of the bedrooms have walk-in closets plus extra storage, and two of the bedrooms open onto a balcony overlooking the trees and creek—such a neat spot to start or end your day. There’s also a Jack-and-Jill bathroom and an additional guest bath upstairs. This home has been well cared for and thoughtfully updated, including fresh paint inside and out, new fixtures, improved insulation, a new deck, and a fully updated upstairs with new doors, trim, paint, carpet, and its own AC unit. Outside, you’ll appreciate the detached 3-car garage with an attached workshop, circle drive, plenty of parking, and a sprinkler system to keep the yard looking great. If you’re looking for space, flexibility, and a peaceful setting with room to enjoy both indoors and out—this home is definitely worth a look.

Investor Tools

Property Icon
$643,000
Estimated Property Value
$272,000Estimated Mortgage Balance
$379,930Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Tina Holland

JR Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,925
$429,320
2025
$21,000
$408,320
$429,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,925
$429,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eastman Cu
Conventional
$272,000
No
First
Oct 21, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,327
$378,673
58%
41%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,631/mo
$-261/mo
2.6%

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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16 Pegues Pl | Property Details | No Agent List