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$157,700

506 E Longview St, Arp, TX, 75750

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,776 Sq Ft
price_per_sqft$88.8 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesOther
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size22,521 sqft

Building Information

Year Built1939
Stories1
Roof Type105

Land Information

APN1-00000-0779-00-016000
SubdivisionA0779 R Pettit
Land UseResidential
Legal DescriptionABST A0779 R PETTIT TRACT 16
Census Tract002102
Assessed Land Value$8,620
Assessed Improvement Value$153,990
Assessment Year2025

About this property

Looking for an affordable first home with room to grow? 506 E Longview St offers the space, flexibility, and convenient location that can be hard to find at this price point. Situated on over half an acre in the heart of Arp, this 3-bedroom, 2-bath home features a spacious and functional floor plan with generously sized bedrooms and light updates throughout. The home is move-in ready while still offering plenty of opportunities to add your personal touches and make it feel like home. Outside, the durable metal roof adds peace of mind, while the oversized covered carport provides flexible space for multiple vehicles, a workshop, additional storage, or weekend projects. The large lot gives kids and pets plenty of room to enjoy the outdoors while still leaving space for a garden, play area, or future improvements. Located just minutes from Arp ISD and an easy drive to Tyler, you can enjoy the quieter pace of small-town living while staying close to shopping, dining, employment, and everyday amenities. Whether you're purchasing your first home, looking for more space for your family, or searching for a property with investment potential, this one is definitely worth a look. Schedule your private showing today!

Investor Tools

$50,873Estimated Mortgage Balance
$218,127Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

Interested in this property?

Austin Mcfarland

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,208
$162,610
2025
$8,620
$153,990
$162,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,208
$162,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American State Bank
Conventional
$56,500
No
First
Nov 3, 2020
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,873
$218,127
81%
19%
$295/mo

City: Arp

506 E Longview St | Property Details | No Agent List