$300,000
NAL Estimated Property Value1605 Westover Ave, Longview, TX, 75601
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Microwave, Gas Water Heater
Exterior
Lot Size19,023 sqft
Building Information
Year Built1961
Stories1
Roof Type109
Garage Spaces2
Land Information
APN1545000840-008-00-02
Lot Number8
SubdivisionBrookwood Place
Land UseResidential
Legal DescriptionLT 8 BLK 840 BROOKWOOD PLACE
Census Tract000402
Assessed Land Value$14,520
Assessed Improvement Value$251,680
Assessment Year2025
About this property
Well maintained home in North Longview. This home features 2 living areas, an office and 4 bedrooms. The home has lots of storage and updates including windows, kitchen, flooring, all doors and some paint. When the kitchen was updated, lots of drawers were installed including one for trash can and a pop up mixer area. The laundry room is large with custom cabinets that match the kitchen. The outdoor space is nice as well with a wide landscaped double lot, covered patio and storage building.
Investor Tools
$300,000
Estimated Property Value
$236,620Estimated Mortgage Balance
$63,380Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,158
$266,200
2025
$14,520
$251,680
$266,200
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,158
$266,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nmsi Inc
Conventional
$241,600
No
First
Mar 5, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,620
$63,380
21%
79%
$1,449/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,449/mo
$-79/mo
5.5%
