Last 24 Hours
$468,480
NAL Estimated Property Value405 Enterprise St, Longview, TX, 75604
Off Market
Commercial
— Beds
— Bath
6,000 Sq Ft
Built in 2014Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size31,145 sqft
Building Information
Year Built2014
Land Information
APN2320010002-001-00-02
Lot Number1
Land UseReal - Commercial Real Estate
Legal DescriptionLT 1 BLK 2 ENTERPRISE PARK UNIT 1
Census Tract000900
Assessed Land Value$15,570
Assessed Improvement Value$452,910
Assessment Year2025
About this property
Excellent location, zoned industrial. 10 parking spots. Room for more. Interior features showroom space, ADA compliant restrooms, break room & offices. More offices could be created by buyer if needed. Warehouse has 16' center ceiling height with one 14' roll-up door and passage door. Water/sink in warehouse. Fluorescent lighting. Concrete pad for outside storage behind warehouse, fenced from front view, concrete parking, some exterior lights, showroom windows, gutters. Building is currently rented for $3500 per month. Tenant is planning to vacate at the end of November 2024.
Investor Tools
$468,480
Estimated Property Value
$458,567Estimated Mortgage Balance
$9,913Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,238
$468,480
2025
$15,570
$452,910
$468,480
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,238
$468,480
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Commercial
$467,500
No
First
Apr 16, 2025
Apr 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$458,567
$9,913
2%
98%
$2,803/mo
12.4%