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$268,000

NAL Estimated Property Value

2800 Red Gum Gap St, Longview, TX, 75605

$273,321 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,876 Sq Ft
price_per_sqft$154.05 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Gas Water Heater

Exterior

Private PoolPrivate Pool
Lot Size20,273 sqft

Building Information

Year Built1977
Stories1
Roof Type109
Garage Spaces2

Land Information

APN6330025076-004-00-02
Lot Number4
SubdivisionShenandoah Hills
Land UseResidential
Legal DescriptionLT 4 BLK 5076 SHENANDOAH HILLS UNIT #2
Census Tract000601
Assessed Land Value$15,000
Assessed Improvement Value$235,650
Assessment Year2025

About this property

Welcome to your own private resort! This charming home features three bedrooms, two bathrooms, and a two-car garage. The primary bedroom includes an attached area perfect for a home office, nursery, or personal workout space. A unique feature is the hidden area behind the dining/kitchen space, which could be transformed into a butler's pantry, coffee bar, extra pantry, or even a mini wine cellar. Step outside to your private deck and pool area and enjoy outdoor living. Nestled in a cul-de-sac in Pine Tree ISD, this home truly has it all! The backyard also has 2 storage buildings. The first one has electricity and is currently being used as a workshop area. **Pool and deck expansion, driveway extension, roof replaced, exterior paint, shutters, gutters and outside a/c unit all completed in 2023** *The owners are in the process of having the inside and outside A/C units replaced.**

Investor Tools

Property Icon
$268,000
Estimated Property Value
$189,051Estimated Mortgage Balance
$78,949Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$273,320
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,740
$250,650
2025
$15,000
$235,650
$250,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,740
$250,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Guaranty Mortgage Corp
Fha
$162,011
Yes
First
Mar 6, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,051
$78,949
29%
71%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,272/mo
+$218/mo
6.7%

City: Longview

2800 Red Gum Gap St | Property Details | No Agent List