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B+
NoAgentList RatingHow are grades calculated? Info

$298,680

504 Lakewood Dr, Longview, TX, 75604

$333,893 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,268 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.09 / sqft
Year BuiltBuilt in 1987

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
AppliancesElectric Water Heater

Exterior

Lot Size10,376 sqft

Building Information

Year Built1987
Stories1
Roof Type109
Garage Spaces2

Land Information

APN4565020003-006-00-02
Lot Number6
SubdivisionMill Run
Land UseResidential
Legal DescriptionLT 6 BLK 3 MILL RUN #2
Census Tract000700
Assessed Land Value$21,380
Assessed Improvement Value$277,300
Assessment Year2025

About this property

Welcome to 504 Lakewood Dr, a charming corner-lot gem located in one of Longview’s most sought-after neighborhoods, Mill Run. This beautifully maintained home boasts impressive curb appeal and sits right across the street from a peaceful pond, offering fishing, serene views, and a relaxing atmosphere. Step inside to an open floor plan with tile flooring throughout, a fresh coat of paint, and tons of natural light. The heart of the home features a gas fireplace, perfect for cozy nights in, and a gorgeous dining room ideal for entertaining. A spacious sunroom addition brings the outdoors in, offering extra living space to enjoy year-round. The kitchen flows effortlessly into the living spaces, and the entire home has been thoughtfully updated for peace of mind—with a new roof, Leaf Guard gutters, and a recently serviced air conditioning unit. Outside, you'll love the new fence, full sprinkler system, and easy access to community amenities like the pool, clubhouse, and fishing. Don't miss this rare opportunity to own a move-in ready home in a prime location—priced to sell and ready for its next chapter! Schedule your private showing today and come see what makes this house a true standout!

Investor Tools

Property Icon
$298,680
Estimated Property Value
$0Estimated Mortgage Balance
$298,680Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$333,893
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,357
$298,680
2025
$21,380
$277,300
$298,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,357
$298,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$298,680
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,450/mo
$630/mo
+$820/mo
5.8%

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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504 Lakewood Dr | Property Details | No Agent List