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$2,372,500

1725 Fm 2751, Longview, TX, 75605

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,984 Sq Ft
price_per_sqft$396.47 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Water Heater
FlooringTile, Carpet

Exterior

Lot Size44.00 acres

Building Information

Year Built1996
Roof Type112
Garage Spaces2

Land Information

APN0334016800-021-00-02 02
SubdivisionPrice Wm Sur
Land UseReal - Farm & Ranch Improvments, Residence
Legal DescriptionAB 168 WM PRICE SUR TRS 21; 17-05 & 20-01 TIMBER USE ON 36.88 ACRES
Census Tract010100
Assessed Land Value$95,920
Assessed Improvement Value$1,291,960
Assessment Year2025

About this property

CALLING ALL CAR ENTHUSIAST! 1725 FM 2751 is a unique property in many respects. Situated on 43 +/- acres, the property boasts three ponds, surrounded by woods. This home is not visible from the road providing an immense amount of privacy. The house was designed to accommodate parties and large gatherings and to be a “blank canvas” for the owner to showcase their taste and style, almost like an art gallery. While comfortable to live in, it is a tremendous venue for entertaining with over 20,000 sqft under roof! The construction of the main house is unlike most residences, it is a weld up metal building and none of the interior walls support the roof, allowing huge open areas in the attic for utilities and storage. This home’s design is four 40’ squares put together so as to form a 24’ square atrium in the center, open to the sky for an indoor garden and fishpond. The main house is 6300 +/-sq. ft with a large amount of storage space. Just in the Kitchen are over 30 drawers and lots of cabinets. There is a very large pantry that serves as a separate walk through to the bedroom wing which has three bedrooms each with its own full bath. One even has a “mini kitchen” with a sink, under counter refrigerator and range. The master bedroom is spacious with a luxurious bathroom and two large dressing rooms. There is a very large laundry/storage room with one washer and two dryers as well as a double sink. This home has panoramic views from most rooms with LARGE picture windows. The attic space offers a large amount of storage space and is accessed by stairs and an electric lift. There is a dedicated bar area and a large patio with an outdoor fireplace and natural gas hookup for a smoker/grill. Behind the house is a 1200 sq. ft. covered party pavilion which can easily seat over 100 for an event. Also, behind the house at the “upper pond” is a covered barbecue shed and deck/pier. The barbecue shed has a sink, under the counter refrigerator area, and a large smoker (smoker can do 14 briskets at once). Multiple outbuildings including a 50’ x 150’ metal barn building and a 70’ x 70’ shop building. The south 50’ of the barn is open on two sides and has a gravel floor. The shop has a pit for working on cars. One third of it is air-conditioned. The shop has a small restroom and its own septic tank. One area is set aside as a paint booth. In addition, there is a small 10’ x 10’ “pump house” for the sprinkler system and well pump controls. The acreage on this beautiful property entails grape vines, apple trees, peach trees, pear trees, fig trees, may haw trees as well as some blueberry bushes and berry vines planted around the garden. Water to the garden (not including the sprinkler) comes from the main water supply to the house. The middle pond has an island, connected to the shore with a pier.

Investor Tools

$0Estimated Mortgage Balance
$1,737,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,235 /month
Positive
Cash Flow Estimate:
$4,745 /month

Interested in this property?

Bud Summers

Summers Cook & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,958/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,810
$1,387,880
2025
$95,920
$1,291,960
$1,847,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,810
$1,387,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,737,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
N/A
+$1,650/mo
1.1%

City: Longview