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$310,000

NAL Estimated Property Value

516 Ruthlynn Drive, Longview, TX, 75605

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.81 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range

Exterior

Lot Size12,602 sqft

Building Information

Year Built1974
Stories1
Roof Type109
Garage Spaces2

Land Information

APN2970031043-012-00-02
Lot Number12
SubdivisionHampshire Place
Land UseResidential
Legal DescriptionLT 12 BLK 1043 HAMPSHIRE PLACE #3
Census Tract000501
Assessed Land Value$15,750
Assessed Improvement Value$287,550
Assessment Year2025

About this property

Corner lot. Prime location. Flexible living. This 3-bedroom, 2-bath home in one of Longview’s most desirable central neighborhoods checks the boxes buyers are searching for. With 2,279 square feet, the layout offers both space and versatility, including a formal dining area that easily doubles as a home office for today’s work-from-home lifestyle. The heart of the home flows comfortably for everyday living and entertaining, while the side-entry garage adds curb appeal and keeps the front elevation clean and attractive. Out back, you’ll find a fenced yard with a covered, screened-in patio that feels private and tucked away, creating the perfect spot to unwind without sacrificing comfort. Homes with this combination of location, layout, and livability don’t come along often. If you’ve been waiting for something that feels both practical and inviting, this is one you’ll want to see in person.

Investor Tools

Property Icon
$310,000
Estimated Property Value
$193,927Estimated Mortgage Balance
$116,073Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,829
$303,300
2025
$15,750
$287,550
$303,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,829
$303,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$223,378
Yes
First
Sep 11, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,927
$116,073
37%
63%
$1,340/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,340/mo
+$150/mo
5.8%

City: Longview

516 Ruthlynn Drive | Property Details | No Agent List