314 Tammy Lynn Dr Longview, TX 75604

Property Details for 314 Tammy Lynn Dr

Year built

1979

Property size

2,000 SF

Property type

Residential income homes

Description

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.

Location Insight

City

Longview

County

Gregg

State

Texas

Longitude

-94.803767490786

Latitude

32.550118379007