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$251,000

216 Joan Lane, Longview, TX, 75605

$326,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.95 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Lot Size11,700 sqft

Building Information

Year Built1984
Stories1
Roof Type109
Garage Spaces2

Land Information

APN5760010003-008-00-02
Lot Number8
SubdivisionRambling Creek
Land UseResidential
Legal DescriptionLT 8 BLK 3 RAMBLING CREEK #1
Census Tract000202
Assessed Land Value$10,690
Assessed Improvement Value$223,330
Assessment Year2025

About this property

This home is for someone who values character and has an excellent sense of design, this lovely property is the perfect option for you or the investor who wants to add to their portfolio and the opportunity to profit. Outstanding location in North Longview, close to all shopping and entertainment choices, beautiful drive-up, and appealing curb appeal features. The backyard's ample space makes it an excellent spot for hosting get-togethers with friends and family. Be quick, because at this price and in this market, this home will not be available for very long!!! Now is the time to make arrangements for your personal viewing!!

Investor Tools

Property Icon
$251,000
Estimated Property Value
$0Estimated Mortgage Balance
$104,206Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$326,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,527
$234,020
2025
$10,690
$223,330
$234,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,527
$234,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank
Commercial
$157,250
No
First
Oct 26, 2022
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,794
$104,206
41%
58%
$943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$943/mo
+$547/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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216 Joan Lane | Property Details | No Agent List