314 S Center St Longview, TX 75601
Estimated payment $2,833/month
About This Home
Ready for your next turnkey investment? This recently updated multi-family property features two triplexes situated on one parcel in a prime, central location. With 100% occupancy and a solid rental history, this is a perfect opportunity for investors seeking immediate cash flow with minimal hassle. The property includes a mix of units: three 1-bedroom, 1-bath units; one 2-bedroom, 1-bath unit; and two 2-bedroom, 2-bath units, bringing in a total monthly rental income of $4,618. Electricity is separately metered. Owner covers water, insurance, taxes and lawn care. Residents enjoy easy access to Longview’s best shopping, dining, schools, and commuter routes, making this a highly desirable rental location. This property has simple curb appeal with no yard maintenance required! Whether you're looking to expand your portfolio or dive into your first income property, this investment delivers consistent returns and strong long-term potential. Don’t miss out—schedule your showing today!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,413
Year Built
- Built in 1955
Parking
- Paved Parking
Home Design
- Composition Roof
Interior Spaces
- 1-Story Property
Listing and Financial Details
- Assessor Parcel Number 33954
Community Details
Overview
- 2 Buildings
- 6 Units
Building Details
- Gross Income $55,416
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,413 | $270,690 | $27,320 | $243,370 |
| 2023 | $2,352 | $236,540 | $9,200 | $227,340 |
| 2022 | $3,293 | $150,510 | $9,200 | $141,310 |
| 2021 | $2,342 | $103,570 | $9,200 | $94,370 |
| 2020 | $1,873 | $82,730 | $9,200 | $73,530 |
| 2019 | $1,891 | $82,730 | $9,200 | $73,530 |
| 2018 | $1,884 | $82,730 | $9,200 | $73,530 |
| 2017 | $1,717 | $75,110 | $9,200 | $65,910 |
| 2016 | $1,717 | $75,110 | $9,200 | $65,910 |
| 2015 | $1,632 | $71,410 | $9,200 | $62,210 |
| 2014 | -- | $71,410 | $9,200 | $62,210 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Price Changed | $430,000 | -4.4% | -- |
| 05/16/2025 05/16/25 | For Sale | $449,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $316,480 | New Conventional |
Source: Longview Area Association of REALTORS®
MLS Number: 20253395
APN: 33954
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 Longview Area Association of REALTORS®. All rights reserved. Information is deemed reliable but not guaranteed.
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