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$445,000

NAL Estimated Property Value

4538 W Loop 281, Longview, TX, 75604

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.46 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave

Exterior

Lot Size20,038 sqft

Building Information

Year Built1958
Stories2
Roof Type109
Garage Spaces4

Land Information

APN0259025603-023-00-02
SubdivisionMann Marshall Sur
Land UseResidential
Legal DescriptionAB 256 M MANN SUR TR 23 SEC 3
Census Tract000900
Assessed Land Value$10,020
Assessed Improvement Value$408,270
Assessment Year2025

About this property

Welcome to this expansive 5-bedroom, 3 bathroom home offering 3,322 square feet of flexible living space in Longview, Texas.With its strategic location and expansive layout, this property presents exciting possibilities- from a beautifully spaced private residence to possible commercial use (subject to rezoning.) With substantial reconstruction and expansion in 2008, much of the home was rebuilt and thoughtfully updated, creating the space and functionality today's buyers are looking for. The two-story layout provides room to spread out- whether you need multiple bedrooms, dedicated office space, guest quarters, or hobby rooms. A gas fireplace anchors the main living area, adding warmth and character, while the generous square footage allows for both everyday comfort and entertaining. Outside the home truly stands apart. A large covered deck overlooks the back yard, offering the perfect gathering space. In addition to the home, you will find a detached 4-car garage, a secondary shop, and a storage building- giving you flexibility for vehicles, equipment, workspace, and storage needs. While currently zoned residential, the location and overall setup present strong potential for future commercial use. Buyers should independently verify rezoning possibilities with local authorities. With it's visibility and layout, this property offers a rare chance that could serve multiple purposes over time. Whether you're looking for a spacious home or exploring future investment potential- this one delivers options.

Investor Tools

Property Icon
$445,000
Estimated Property Value
$70,182Estimated Mortgage Balance
$374,818Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,120
$418,290
2025
$10,020
$408,270
$418,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,120
$418,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hunter Financial Group Llc
Credit Line (Revolving) / Heloc
$121,000
No
First
Jun 26, 2009
Jul 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,182
$374,818
84%
16%
$726/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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4538 W Loop 281 | Property Details | No Agent List