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$777,000

NAL Estimated Property Value

1600 Olympic Dr, Longview, TX, 75605

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,649 Sq Ft
price_per_sqft$211.02 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Ice Maker, Microwave, Disposal, Gas Cooktop, Gas Range, Gas Oven, Tankless Water Heater
FlooringTile, Carpet

Exterior

Private PoolPrivate Pool
Lot Size13,939 sqft

Building Information

Year Built2015
Stories1
Roof Type109
Garage Spaces4

Land Information

APN2383040003-015-00-02
Lot Number15
SubdivisionFairway Oaks #1
Land UseResidential
Legal DescriptionLT 15 BLK 3 FAIRWAY OAKS #4
Census Tract000602
Assessed Land Value$60,000
Assessed Improvement Value$670,020
Assessment Year2025

About this property

**Exceptional Custom Home in Fairway Oaks on a Prime Corner Lot** Presenting a prestigious home featuring 4 bedrooms, 3.5 bathrooms, and a 4-car garage, this home is designed for luxury living. The property includes a dedicated office, formal dining room, a theater, and a private backyard complete with a pool. The open-concept layout seamlessly blends the formal dining area, spacious living room, and expansive kitchen. The gourmet kitchen is adorned with stained cedar beams, top-of-the-line stainless steel appliances, stunning granite countertops, a breakfast bar, casual dining space, a new Delta faucet, a new dishwasher, a garbage disposal, and custom knotted Adler cabinetry. An inviting large office space is conveniently located off the entryway. The large sized primary bedroom, situated on the first floor, boasts a beautiful en-suite bathroom and an oversized closet, with direct access to a covered patio. A guest room on the main floor features a full bath and patio access, making it ideal for use as a mother-in-law suite. The second-floor hosts two ample bedrooms accompanied by a full bathroom. A sizable theater/game room, complete with a dry bar and two newly installed black ceiling fans (as of July 2024), is perfect for entertaining guests. Additionally, the floored attic space with walk-in access offers extra storage solutions. The backyard oasis features a covered patio, an in-ground gunite saltwater pool (with a new pool pump installed in May 2024), and an 8-foot privacy fence on the Fairway Oaks side, providing ample yard space for pets to enjoy. Recent upgrades include new light fixtures and the addition of 16 recessed lights, along with exterior painting completed on March 27, 2024. The Homeowners Association (HOA) fees are $200 per year. This stunning home is move-in ready!

Investor Tools

Property Icon
$777,000
Estimated Property Value
$412,944Estimated Mortgage Balance
$365,583Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,662 /month
Positive
Cash Flow Estimate:
$1,554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,267/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,319
$730,020
2025
$60,000
$670,020
$730,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,319
$730,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$448,000
No
First
Mar 28, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,944
$364,056
46%
53%
$2,686/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$2,886/mo
$-1,236/mo
2.5%

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.

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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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1600 Olympic Dr | Property Details | No Agent List