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$175,000

3324 Smelley Rd, Longview, TX, 75605

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250 / sqft
Year BuiltBuilt in 2019

About this property

Hallsville ISD! Situated on just over one acre, this unique shop home offers approximately 700 square feet of heated and cooled living space with one bedroom and one full bath. The interior features an open living area, and ample storage. The metal building includes generous, covered parking and workspace, providing flexibility for a variety of uses. The level, open acreage offers plenty of room for future improvements or the construction of an additional residence, subject to applicable restrictions and permitting requirements. Whether used as a primary residence, guest quarters, weekend retreat, or while building a future home, this property offers a rare combination of functionality and potential.

Investor Tools

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$167,000
Estimated Property Value
$72,000Estimated Mortgage Balance
$106,203Estimated Equity
57% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

Interested in this property?

Janti Patel

Ramsey Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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.

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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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3324 Smelley Rd | Property Details | No Agent List