400 E Cotton St Longview, TX 75601
Estimated payment $974/month
Highlights
- Popular Property
- Double Vanity
- Board and Batten Siding
- Balcony
- 1-Story Property
- Wall Furnace
About This Home
Seller will Finance! $20K down, 6.95% interest rate. $1,000 Monthly Payment. Stay on one side and rent the other side.. Investment Opportunity Near Downtown Longview. Discover this high-performing duplex located just minutes from the heart of downtown. This property features two identical units, each offering a spacious 2-bedroom, 2-bathroom layout. Unit B is available for instant showing. Designed for durability and low maintenance, the building is equipped with a modern corrugated metal roof. Key Highlights:
Income Generator: Both sides rent easily at $850 per month, per side.
Convenient Parking: Situated on a large lot providing ample space for off-street parking.
Ready for Inspection: One unit has been kept vacant specifically to allow for easy showings without disturbing tenants
Flexible Purchase Options: This property is available via Seller (Owner) Financing. Whether you are looking to expand your rental portfolio or seeking a house hack opportunity, this well-maintained duplex is a must-see.
Listing Agent
United Real Estate Frisco Brokerage Phone: 832-216-7567 License #0658244 Listed on: 12/24/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Home Design
- Duplex
- Brick Exterior Construction
- Pillar, Post or Pier Foundation
- Metal Roof
- Board and Batten Siding
Interior Spaces
- 1-Story Property
- Electric Oven
Flooring
- Linoleum
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
- Double Vanity
Parking
- No Garage
- Off-Street Parking
Schools
- Doris Mcqueen Elementary School
- Judson Middle School
- Longview High School
Utilities
- Window Unit Cooling System
- Wall Furnace
Additional Features
- Balcony
- 0.62 Acre Lot
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 14000001420190002
Community Details
Overview
- 2 Units
- 2,112 Sq Ft Building
- S1400 Boring Leak Subdivision
Building Details
- Gross Income $20,400
- Net Operating Income $15,000
Map
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 |
|---|---|---|---|---|
| 2025 | $2,400 | $124,330 | $6,850 | $117,480 |
| 2024 | $24 | $123,090 | $6,780 | $116,310 |
| 2023 | $1,982 | $100,000 | $12,840 | $87,160 |
| 2022 | $2,033 | $92,890 | $11,560 | $81,330 |
| 2021 | $963 | $42,580 | $11,560 | $31,020 |
| 2020 | $964 | $42,580 | $11,560 | $31,020 |
| 2019 | $973 | $42,580 | $11,560 | $31,020 |
| 2018 | $970 | $42,580 | $11,560 | $31,020 |
| 2017 | $975 | $42,660 | $11,560 | $31,100 |
| 2016 | $975 | $42,660 | $11,560 | $31,100 |
| 2015 | $975 | $42,660 | $11,560 | $31,100 |
| 2014 | -- | $42,660 | $11,560 | $31,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | Price Changed | $149,000 | -0.6% | $71 / Sq Ft |
| 12/24/2025 12/24/25 | For Sale | $149,900 | -- | $71 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $32,500 | Assumption | |
| Previous Owner | $32,500 | Seller Take Back |
About the Listing Agent
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Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21136456
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