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$127,250

NAL Estimated Property Value

311 W Tyler St, Longview, TX, 75601

$165,425 ARVInfo
Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,100 Sq Ft
Year BuiltBuilt in 1978

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size7,501 sqft

Building Information

Year Built1978
Stories2

Land Information

APN0900000035-010-00-02
Lot Number10
SubdivisionLongview Ncb
Land UseCommercial
Legal DescriptionLT 10 NCB 35 LONGVIEW ORIGINAL TOWN
Census Tract001100
Assessed Land Value$30,000
Assessed Improvement Value$97,250
Assessment Year2025

About this property

Welcome to this versatile commercial metal building located in the vibrant cultural arts district of downtown. With over 3,100 square feet of space, this property offers endless possibilities for entrepreneurs and investors alike. Currently utilized as a fitness gym, the main area spans 2,400 square feet, providing ample space for various fitness activities. This space could easily be transformed into a gym, dance studio, or any other business venture to suit your vision. Additionally, the property features an additional 700 square feet upstairs, perfect for office space, storage, or additional business amenities. Conveniently situated steps away from downtown eateries and entertainment venues, this prime location ensures high visibility and foot traffic, making it an ideal spot for your business venture to thrive. With two bay doors, this property offers easy accessibility for clients and deliveries, further enhancing its appeal. Don't miss out on this incredible opportunity to own a versatile commercial space in the heart of downtown's cultural hub. Schedule a viewing today and explore the endless possibilities that await you in this dynamic property.

Investor Tools

Property Icon
$127,250
Estimated Property Value
$27,029Estimated Mortgage Balance
$100,221Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$165,425
Rent-to-Value Ratio: 0.72%
Rent Estimate
$764 /month
Positive
Cash Flow Estimate:
$255 /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
$2,444
$127,250
2025
$30,000
$97,250
$127,250
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,444
$127,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank
Commercial
$46,600
No
First
May 22, 2009
May 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,029
$100,221
78%
21%
$280/mo

City: Longview

311 W Tyler St | Property Details | No Agent List