$239,000
NAL Estimated Property ValueN/A Hawkins & Bill Owens Parkway, Longview, TX, 75605
Off Market
About this property
Prime opportunity to develop over 8 acres of heavily wooded land in a desirable area of Longview with growing density. Land currently zoned Agricultural, but could be rezoned to a number of uses per the Gregg County zoning department. Utilities not present on site but all utilities nearby. Current asking price is based on recent appraisal by reputable, local appraiser. Appraisal report available in MLS attachments. Buyer and buyer's agent responsible for confirming school district, current zoning and potential future zoning uses.
Investor Tools
$239,000
Estimated Property Value
$0Estimated Mortgage Balance
$239,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
