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NoAgentList RatingHow are grades calculated? Info
Days63Days on Market
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$279,900

3019-3021 Bernice Dr, Longview, TX, 75604

$363,870 ARVInfo
On MarketInfo
Baths4 Bath
Baths3,150 Sq Ft
QuadruplexQuadruplex
Year BuiltBuilt in 1976

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Refrigerator, Electric Range
FlooringTile

Exterior

Lot Size8,712 sqft

Building Information

Year Built1976
Stories1
Roof Type109

Land Information

APN0353017705-057-00-02
SubdivisionRobinson Wm Sur
Land UseResidential
Legal DescriptionAB 177 WM ROBINSON SUR TR 57 SEC 5
Census Tract010301
Assessed Land Value$18,750
Assessed Improvement Value$292,100
Assessment Year2025

About this property

Fantastic Investment Opportunity! This well-maintained 4-plex located in the desirable Pine Tree ISD offers immediate and stable income. Major upgrade in February 2026 was a brand new roof that includes a warranty. All four units are currently occupied by long-term tenants, with tenancy durations of 10+ years, 8+ years, 4+ years, and 2+ years—demonstrating strong rental stability. Each unit features 2 bedrooms, 1 bathroom, living area, kitchen and washer/dryer connection. Tenants pay all utilities. Priced below Gregg County appraised value, this property presents an excellent opportunity for investors seeking reliable cash flow and long-term value.

Investor Tools

Property Icon
$310,850
Estimated Property Value
$139,500Estimated Mortgage Balance
$182,503Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$363,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,865 /month
Positive
Cash Flow Estimate:
$622 /month

Interested in this property?

Lainey Stevens

Summers Cook & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,232
$310,850
2025
$18,750
$292,100
$310,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,232
$310,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Mortgage Firm Inc
Conventional
$139,500
No
First
Feb 25, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,347
$182,503
58%
41%
$837/mo

Learn About the Market: Opportunity in Texas

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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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