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    507-509 Fairway Dr Longview, TX 75604

    For Sale
    $189,900

    Duplex - Longview, TX

    Type:Duplex
    Days on Market:
    63
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 507-509 Fairway Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Interior features
    Smoke Detectors, Tile Flooring, Vinyl Flooring
    Fireplace
    1
    Appliances
    Range

    Utilities

    Heating system
    Fireplace(s), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1967
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    TEXAS FARMS AND RANCHES (903) 663-5000 [email protected]

    Listing agent Bailey Murrell (903) 663-5000

    Listing date Oct 9, 2025

    MLS# 20256532 Listing URL

    Copyright © 2025 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Longview Duplex: Investor Opportunity

    This income-producing duplex in Longview, Texas, presents an investor opportunity with two 2-bedroom, 1-bath units. Both units are currently occupied, providing immediate cash flow. One side has been updated in recent years with fresh finishes and a modern touch, while the other side offers long-term tenants and steady income. Each unit includes a comfortable layout, separate utilities, and off-street parking. The property is located near Pine Tree ISD, offering consistent rental appeal and convenient access to major roads. This turn-key property is ready to deliver returns and is in high demand in Longview’s rental market.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Longview
    County
    Gregg
    State
    Texas
    Longitude
    -94.801551
    Latitude
    32.51131

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in Longview, TX with immediate cash flow.
    Where is this duplex located?
    The property is located at 507-509 Fairway Dr Longview, TX.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - Immediate cash flow from two occupied 2-bedroom, 1-bath units.; - Updated unit with fresh finishes and a modern touch.; - Separate utilities for each unit, simplifying management.
    (903) 663-5000
    Request Owner's contact information
    507-509 Fairway Dr Longview, TX 75604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507-509 Fairway Dr Longview, TX 75604
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