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$1,480,000

NAL Estimated Property Value

989 Mustang Dr, Longview, TX, 75605

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,168 Sq Ft
price_per_sqft$471.91 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Refrigerator, Gas Water Heater
FlooringHardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6.27 acres

Building Information

Year Built2015
Stories1
Roof Type109
Garage Spaces2

Land Information

APN5703000001-011-00-02
Lot Number11
SubdivisionPutman Farms Phase 1
Land UseResidential
Legal DescriptionLT 11 BLK 1 PUTMAN FARMS PH 1
Census Tract010100
Assessed Land Value$149,190
Assessed Improvement Value$641,590
Assessment Year2025

About this property

Your dream property awaits! Classic mediterranean architecture with stucco walls, arched windows, and stunning concrete roof designed with tile like texture to mimic the terracotta aesthetic while offering superior strength and durability. Drive up to the grand entrance with mosaic inlays, lush landscaping and ample parking space. As you step inside you will find travertine tile throughout offering a seamless look that adds texture and cooling effect, ideal for warm climates. Located on the main floor for privacy and ease is the spacious master bedroom with sitting area and access to the pool. A luxurious en-suite bathroom with soaking tub, walk in tile shower and walk in closet. Once you have relaxed in your own private space of the master area, you will walk through to find a true chef's kitchen. This area provides modern appliances, ample counter space, custom cabinetry and a large central island featuring a butcher block countertop. There is a separate dedicated space for laundry with storage and a sink. Discover a private office with a large window and access to a full bathroom, doubling as a guest suite. This open concept design with 2 large living rooms features high ceilings, a fireplace and incorporates sliding glass doors that fully open to create an expansive space to blend the indoors with your own outdoor paradise. Moving upstairs you will find another sitting area with large guest rooms connected by a jack and jill bathroom and a shared shower/tub combo with each room allowing access to the outdoor balcony, overlooking stunning views of the property. Perfect for entertaining, the sunken indoor bar opens up to a swim up bar in the outdoor pool area where you will notice a resort style pool with a large covered patio for lounging and entertaining with an outdoor bar and grilling station ideal for hosting all of your gatherings. This property showcases over 6 acres of country charm combined with luxury and practicality for an exceptional living experience every time you come home. Do not miss your chance to explore this exquisite home! With 4 bedrooms, 3.5 bathrooms and 6.27 acres of serene countryside, it offers unmatched luxury and functionality making it a rare opportunity for a dream retreat!

Investor Tools

Property Icon
$1,480,000
Estimated Property Value
$437,781Estimated Mortgage Balance
$1,042,219Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,360/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,923
$790,780
2025
$149,190
$641,590
$790,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,923
$790,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank Texas Na
Unknown
$545,400
No
First
Dec 29, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$437,781
$1,042,219
70%
30%
$3,270/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,650/mo
$3,695/mo
$-2,045/mo
1.3%

City: Longview

989 Mustang Dr | Property Details | No Agent List