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$279,900

3019-3021 Bernice Dr, Longview, TX, 75604

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

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
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

$128,347Estimated Mortgage Balance
$182,503Estimated Equity
58% 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

City: Longview