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Days4Days on Market
Views1view

$373,000

$225,000

408 S 12th St, Longview, TX, 75602

On MarketInfo
Just AddedInfo
Price DropInfo
Beds6 Beds
Baths4 Bath
Baths1,764 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2020

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Dishwasher, Disposal, Electric Oven, Microwave, Electric Range
FlooringVinyl

Exterior

Lot Size8,551 sqft

Building Information

Year Built2020
Stories1
Roof Type109

Land Information

APN6400000166-112-00-02
Lot Number12
SubdivisionShow Place
Land UseResidential
Legal DescriptionLT 12 NCB 166A SHOW PLACE
Census Tract001100
Assessed Land Value$3,710
Assessed Improvement Value$171,870
Assessment Year2025

About this property

Amazing opportunity for investors! Fully occupied, income-producing duplex ready for your next investment. Both units are tenant occupied and generating rental income, providing immediate cash flow from day one. A great opportunity for investors seeking a stabilized asset with in-place revenue. Duplex includes two identical units 876 sq ft each with three bedrooms, two bathrooms and modern amenities throughout. Energy-efficient features and appliances are proven to drive down utility costs. Fully equipped with SMART HOMETECHNOLOGY that includes programmable thermostat, keyless smart locks all connected and secured through a smart home hub. Don't miss out, schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$373,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

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Regina Echols

Real Estate Marketing

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,476
$175,580
2025
$3,710
$171,870
$175,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,476
$175,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$349,000
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.

Explore Texas Explore This Area
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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