408 S 12th St, Longview, TX 75602
- Added:
- Jun 12, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 18 at 2:06 am
Property Features for 408 S 12th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Living Room, Laundry Room
- Interior features
- Vinyl Flooring
- Appliances
- Dishwasher, Disposal, Electric Range/Oven, Microwave
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 4163
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 2020
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agent Regina Echols License #0685835 (903) 738-6331
Listing office Real Estate Marketing 1007 N.W. LOOP 281, Longview, TX (903) 297-7355
Listing date Jun 12, 2026
Copyright © 2026 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.
HighLights
- Duplex built in 2020 with two identical units, 876 SF each
- Each unit features 3 bedrooms and 2 bathrooms
- Central electric heating and central air conditioning
- Modern interior finishes include vinyl flooring
- Appliances included: electric range/oven, microwave, dishwasher, and disposal
- Smart home features include programmable thermostat and keyless smart locks connected via a smart home hub
Overview
The property is located at 408 S 12th St in Longview, Texas 75602. As a duplex configuration, it provides two separate living spaces under one ownership structure.
For investors considering a residential income property, the appeal here is the replicated unit layout and the in-place smart home system described in the listing. The combination of a 3-bedroom, 2-bath floor plan and modern, connected features may support tenant appeal while keeping the property’s improvements consistent across both units. The information provided also notes energy-efficient features and appliances as part of the overall package.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.7k | $12.36 |
| − Vacancy | −$1.3k | −$0.75 |
| EGI | $20.3k | $11.61 |
| − OpEx | −$6.1k | −$3.48 |
| NOI | $14.2k | $8.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Longview
- County
- Gregg
- State
- Texas
- Longitude
- -94.721634
- Latitude
- 32.489516
