$158,000
348 Louie Bryan Rd, Longview, TX, 75603
$205,400 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Water Heater
Exterior
Lot Size16,117 sqft
Building Information
Year Built1976
Stories1
Roof Type109
Garage Spaces3
Land Information
APN1736020002-005-00-03
Lot Number5
SubdivisionCherokee Heights
Land UseResidential
Legal DescriptionLT 5 BLK 2 CHEROKEE HTS #2
Census Tract010501
Assessed Land Value$2,290
Assessed Improvement Value$134,890
Assessment Year2025
About this property
Welcome to country living all near the city! Here is a 3/2/3 home sitting on a .37 acre corner lot with some much to offer! You will love the large, fenced yard for entertaining guest as well as the workshop for all of your handy workings or crafts. There is also an opportunity to purchase property adjacent to this one at 193 Sally.
Investor Tools
$54,173Estimated Mortgage Balance
$178,944Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$205,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$208
$137,180
2025
$2,290
$134,890
$137,180
No
Tax History
Year
Tax Paid
Assessed Value
2024
$208
$137,180
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$62,400
No
First
Oct 30, 2019
Nov 2034
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,173
$178,827
76%
23%
$375/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,270/mo
$375/mo
+$895/mo
6.5%
