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$202,000

NAL Estimated Property Value

2954 State Highway 322, Longview, TX, 75603

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,248 Sq Ft
price_per_sqft$164.26 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater

Exterior

Lot Size21,780 sqft

Building Information

Year Built1954
Stories1
Roof Type109
Garage Spaces1

Land Information

APN0393000506-028-00-03
SubdivisionThorn Frost Sur
Land UseResidential
Legal DescriptionAB 5 F THORN SUR TR 28 SEC 6
Census Tract980000
Assessed Land Value$10,750
Assessed Improvement Value$146,680
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 1.5-bathroom home conveniently located near Gregg County airport in Longview, TX. Nestled on a spacious 0.5-acre lot, this well-maintained home offers 1,248 square feet of comfortable living space. With a welcoming interior, covered back porch, 3 storage buildings and many updates. New HVAC system, fresh paint throughout, all new windows, some new floors and new patio door. This home is perfect for those looking to settle in a peaceful yet convenient location. Call today for a private tour.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$194,666Estimated Mortgage Balance
$7,334Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,081
$157,430
2025
$10,750
$146,680
$157,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,081
$157,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$196,377
Yes
First
Nov 17, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,666
$7,334
3%
96%
$1,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,270/mo
$1,178/mo
+$92/mo
7.5%

City: Longview

2954 State Highway 322 | Property Details | No Agent List