For Sale
$159,900

314 Tammy Lynn Dr Longview, TX 75604

Texas duplex, fully occupied, great ROI.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a fully occupied, two-unit duplex located at 314 Tammy Lynn Dr, Longview, TX 75604. The property boasts a total of 2,000 square feet situated on a spacious 12,033 square foot lot. Built in 1979, this single-story duplex features recently updated electrical and plumbing systems, ensuring both efficiency and longevity. Each unit is equipped with its own washer and dryer, a significant amenity for tenants. Currently, Unit #314a rents for $725 per month and Unit #314b rents for $700 per month, both including lawn care and water. This translates to a 100% occupancy rate, generating a strong and stable cash flow. The property's location in Longview, within the Gregg County school district, offers convenient access to schools, parks, recreational facilities, shopping centers (including Longview Towne Center and Longview Mall), and a variety of dining options. Its proximity to major roads and highways ensures easy commuting throughout Longview and surrounding areas. This stabilized investment property is priced at $159,900, or $79,950 per unit, representing an attractive price per square foot of $79.95. Note that an adjacent duplex is also available for purchase. This presents a unique opportunity to acquire a larger portfolio of rental properties in a desirable location.

Highlights

  • Fully occupied, two-unit duplex in Longview, TX.
  • 2,000 sq ft on a 12,033 sq ft lot; built in 1979 with updated plumbing and electrical.
  • Each unit features a washer/dryer and rents for $725 and $700/month (includes lawn care and water).
  • Located in the Gregg County school district, near shopping, dining, and major roadways.
  • Priced at $159,900 ($79,950 per unit, $79.95/sq ft); adjacent duplex also available.

Property Details for 314 Tammy Lynn Dr

Property type
Residential income homes
Square Feet
2,000 SF
Year Built
1979
Buildings
1
Stories
1
Units
2

Location Insight

City
Longview
County
Gregg
State
Texas
Latitude
32.550118379007
Longitude
-94.803767490786
314 Tammy Lynn Dr, Longview, Texas

FAQs

What type of property is this?
Residential income home - Texas duplex, fully occupied, great ROI.
Where is the residential income home located?
The property is located at 314 Tammy Lynn Dr Longview, TX.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Fully occupied, two-unit duplex in Longview, TX.; 2,000 sq ft on a 12,033 sq ft lot; built in 1979 with updated plumbing and electrical.; Each unit features a washer/dryer and rents for $725 and $700/month (includes lawn care and water).
How can I contact the broker?
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314 Tammy Lynn Dr
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