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$662,200

406-410 N Fourth St, Longview, TX, 75601

Under ContractInfo
CommercialInfo
Baths9,416 Sq Ft
OfficeOffice
Year BuiltBuilt in 1978

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size20,926 sqft

Building Information

Year Built1978
Stories1
Garage Spaces35

Land Information

APN7050000022-008-00-02
Lot Number8-10
SubdivisionTexas Land Company
Land UseCommercial
Legal DescriptionLTS 8 THRU 10 BLK 22 (NCB 97) TEXAS LAND CO (W 27' LT 8)
Census Tract001100
Assessed Land Value$47,080
Assessed Improvement Value$615,120
Assessment Year2025

About this property

Well established medical facility situated in the heart of Longview's medical district, just south of Christus Good Shepherd Hospital. This is a prime location for medical facilities, ensuring convenient access for patients and healthcare professionals. Spans over 9400 square feet, providing ample space for various medical services and facilities. Significant updates were carried out in 2022, including a new roof and two new rooftop HVAC units. These upgrades enhance the building's efficiency and reduce maintenance concerns. Includes a separate HVAC system specifically for the IT server room, ensuring optimal conditions for sensitive equipment and data management. Offers multiple patient rooms equipped with water connections, catering to diverse medical needs and specialties. Provides ample parking space, which is crucial for accommodating patients, visitors, and staff members comfortably. This combination of location, size, recent updates, specialized infrastructure, and ample amenities makes the medical office space particularly attractive for healthcare providers looking to establish or expand their practice in Longview's bustling medical district.

Investor Tools

Property Icon
$662,200
Estimated Property Value
$0Estimated Mortgage Balance
$662,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,973 /month
Positive
Cash Flow Estimate:
$1,324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,985
$662,200
2025
$47,080
$615,120
$662,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,985
$662,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$662,200
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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406-410 N Fourth St | Property Details | No Agent List