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$468,480

405 Enterprise St, Longview, TX, 75604

Off MarketInfo
CommercialInfo
Baths6,000 Sq Ft
Year BuiltBuilt in 2014

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

Property Icon
$468,480
Estimated Property Value
$467,500Estimated Mortgage Balance
$9,913Estimated Equity
0% 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

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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

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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405 Enterprise St | Property Details | No Agent List