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$270,000

NAL Estimated Property Value

501 Howard St, Longview, TX, 75602

$351,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.24 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Water Heater

Exterior

Lot Size10,001 sqft

Building Information

Year Built1964
Stories1
Roof Type109
Garage Spaces2

Land Information

APN5960000003-001-00-02
Lot Number1
SubdivisionRidgecrest
Land UseResidential
Legal DescriptionLT 1 BLK 3 (NCB 1323) RIDGECREST
Census Tract001500
Assessed Land Value$7,000
Assessed Improvement Value$240,060
Assessment Year2025

About this property

Welcome to this spacious and inviting 4-bedroom, 3-bathroom home located in Longview ISD! It includes a LARGE bonus room previously used as a bedroom! The primary bedroom can be split into 2 different bedrooms that could make this home a 5 bed 3 bath property. With a large laundry room and plenty of storage space this home is perfect for a large family or anyone seeking an upgrade. Situated on a corner lot, this residence boasts nearly 3,000 square feet of living area. This property is ideal for gathering with loved ones or enjoying quiet evenings at home. In its convenient location minutes away from I-20 and Eastman Road this home offers easy access to schools, parks, shopping, dining, and more. Don't miss your chance to make this fantastic property your own – schedule a showing today!

Investor Tools

Property Icon
$270,000
Estimated Property Value
$245,220Estimated Mortgage Balance
$24,780Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$351,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,687
$247,060
2025
$7,000
$240,060
$247,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,687
$247,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Fha
$250,381
Yes
First
Mar 12, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,220
$24,780
9%
91%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,502/mo
$-142/mo
6.0%

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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501 Howard St | Property Details | No Agent List