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$296,660

NAL Estimated Property Value

407 Oak St, Longview, TX, 75605

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,973 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.11 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Water Heater

Exterior

Lot Size36,329 sqft

Building Information

Year Built1985
Stories1
Roof Type109
Garage Spaces2

Land Information

APN0337025805-003-00-02
SubdivisionRains P P Sur
Land UseResidential
Legal DescriptionAB 258 P P RAINS SUR TR 3 SEC 5
Census Tract000300
Assessed Land Value$28,880
Assessed Improvement Value$267,780
Assessment Year2025

About this property

Situated on a spacious 0.83-acre (3 lots), this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of comfort and functionality. Inside, you'll find fresh flooring throughout and a welcoming living room featuring a cozy fireplace and built-in shelving. The dining room includes a built-in hutch, providing ample storage for all your entertaining essentials. The updated kitchen boasts granite countertops, stainless steel appliances, and a gas cooktop—ideal for everyday cooking or hosting guests. The main bathroom was renovated with backlit mirrors and an updated shower. An enclosed porch offers additional living space, perfect for a home office, game room, or sunroom. Step outside to enjoy the oversized backyard—ready for play, gardening, or future outdoor projects. With a 2-car garage and plenty of room to roam, this property combines modern updates with room to grow.

Investor Tools

Property Icon
$296,660
Estimated Property Value
$197,075Estimated Mortgage Balance
$99,585Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,780 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,292
$296,660
2025
$28,880
$267,780
$296,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,292
$296,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Conventional
$200,000
No
First
Jul 23, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,075
$99,585
33%
66%
$1,200/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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407 Oak St | Property Details | No Agent List