$322,000
NAL Estimated Property Value613 Sheffield Dr, Longview, TX, 75605
$334,531 ARV
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Double Oven, Microwave, Electric Water Heater
Exterior
Lot Size13,900 sqft
Building Information
Year Built1975
Stories1
Roof Type109
Garage Spaces2
Land Information
APN2970041053-007-00-02
Lot Number7
SubdivisionHampshire Place
Land UseResidential
Legal DescriptionLT 7 BLK 1053 HAMPSHIRE PLACE #4
Census Tract000501
Assessed Land Value$15,000
Assessed Improvement Value$307,000
Assessment Year2025
About this property
This ranch-style home boasts a convenient location and ample space! Situated in north Longview, just a few blocks off McCann Road, it is close to numerous restaurants and shopping options. The home features a 4-bedroom, 3-bathroom floor plan centered around a spacious living area with high ceilings and skylights, with updates throughout. Don't miss your opportunity to make this house your home.
Investor Tools
$322,000
Estimated Property Value
$254,504Estimated Mortgage Balance
$67,496Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$334,531
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month
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
$4,427
$322,000
2025
$15,000
$307,000
$322,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,427
$322,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$259,462
Yes
First
Apr 3, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,504
$67,496
20%
79%
$1,556/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$1,556/mo
+$94/mo
6.1%
