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$238,500

228 Cambridge Ln, Longview, TX, 75601

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.08 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater

Exterior

Lot Size21,702 sqft

Building Information

Year Built2008
Stories1
Roof Type112
Garage Spaces2

Land Information

APN2755000006-017-00-02
Lot Number17
SubdivisionGreen Acres
Land UseResidential
Legal DescriptionLT 17 BLK 6 (NCB 483) GREEN ACRES
Census Tract000402
Assessed Land Value$14,420
Assessed Improvement Value$204,050
Assessment Year2025

About this property

Location, location, location! Situated on a generous half-acre lot in the heart of Longview, this 3-bedroom, 2-bath home offers the perfect blend of convenience and comfort. With approximately 1,400 square feet of living space, a 2-car enclosed garage, and easy access to both Judson Road and McCann Road, you'll be close to everything while still enjoying plenty of room to spread out. Rotary Park and Guthrie Park are just around the corner, making it easy to enjoy walking trails, outdoor activities, and family fun. Whether you're looking for your first home, downsizing, or investing, this property is one you won't want to miss.

Investor Tools

$207,384Estimated Mortgage Balance
$31,616Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,899
$218,470
2025
$14,420
$204,050
$218,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,899
$218,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$213,069
Yes
First
Dec 27, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,384
$23,616
10%
87%
$1,278/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$1,278/mo
$-48/mo
6.2%

City: Longview

228 Cambridge Ln | Property Details | No Agent List