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$215,000

3712 Pratt Dr, Longview, TX, 75604

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,351 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.14 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringLuxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size10,500 sqft

Building Information

Year Built1982
Stories1
Roof Type109
Garage Spaces2

Land Information

APN7070070023-006-00-02
Lot Number6,7A
SubdivisionThomas Manor
Land UseResidential
Legal DescriptionLT 6 & 7A BLK 23 (N 60' LT 6 & S 15' LT 7) THOMAS MANOR #7
Census Tract010301
Assessed Land Value$7,950
Assessed Improvement Value$185,890
Assessment Year2025

About this property

Move-in ready one-story in Longview's established Thomas Manor neighborhood, zoned to Spring Hill ISD. This brick home with a stone chimney accent has been thoughtfully updated over the last two years: new luxury vinyl plank flooring in the kitchen, living room and hall (2024), new kitchen cabinets (2024), new AC unit (2024) and a new hot water heater (2026). The living room features a vaulted ceiling, ceiling fan and a wood-burning fireplace with stone surround. The remodeled kitchen pairs white shaker cabinets with dark granite counters, glossy subway tile backsplash, electric range, dishwasher and a full-size laundry area just off the kitchen. The dining space sits under a large picture window overlooking the backyard and is anchored by a shiplap accent wall with farmhouse sconces. Three bedrooms and two full baths. Out back, a privacy-fenced yard with mature shade trees, a retaining wall, patio area and an in-ground pool. The pool does need a new liner. Attached carport, extra parking, mature crape myrtle out front and low-maintenance beds. Convenient to Spring Hill schools, Loop 281 and Longview shopping. Buyer to verify all information including schools and measurements.

Investor Tools

$124,229Estimated Mortgage Balance
$90,771Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,111
$193,840
2025
$7,950
$185,890
$193,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,111
$193,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Va
$139,264
Yes
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,229
$90,771
42%
58%
$835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,450/mo
$835/mo
+$615/mo
8.1%

City: Longview

3712 Pratt Dr | Property Details | No Agent List