$319,900
SOLD APR 17, 2025
Last list price

406 S Fredonia St Longview, TX 75601

4 Beds
4 Baths
2,491 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

20 Days on Market

About This Home

As of April 2025

Turnkey Multi-Family Investment Opportunity! This fully remodeled 4-unit multi-family property is a prime investment opportunity, offering modern updates and strong financials. Each unit has been completely renovated, featuring new flooring, bathrooms, appliances, sheetrock, and fresh paint throughout. Additional highlights include a storage building in the back and a nice sized back yard with expansion opportunities. With a high gross rent multiplier, this property presents strong cash flow potential for investors. Whether you’re expanding your portfolio or looking for a low-maintenance investment, this turnkey property is ready to generate income from day one! Don’t miss out on this exceptional opportunity. Schedule your showing today!

Last Agent to Sell the Property

Ken Sheppa

Leslie Cain Realty, LLC License #0701586 Listed on: 02/05/2025

Last Buyer's Agent

Kevin Whitman

Miller Homes Group License #0809587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 1944

Parking

  • Over 1 Space Per Unit

Home Design

  • 2,491 Sq Ft Home
  • Quadruplex
  • Wood Frame Construction
  • Pier And Beam

Schools

  • Bramlette Elementary School
  • Judson Middle School
  • Longview High School

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,607

Year Built

Built in 1944

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 406 S Fredonia St
  • Second Address Number: 406
  • ForecloseBankOwnedYN: No
  • LakeCommunity: No
  • PrimaryType: Fourplex
  • PublicRemarksAmenities: Turnkey Multi-Family Investment Opportunity! This fully remodeled 4-unit multi-family property is a prime investment opportunity, offering modern updates and strong financials. Each unit has been completely renovated, featuring new flooring, bathrooms, appliances, sheetrock, and fresh paint throughout. Additional highlights include a storage building in the back and a nice sized back yard with expansion opportunities. With a high gross rent multiplier, this property presents strong cash flow potential for investors. Whether you’re expanding your portfolio or looking for a low-maintenance investment, this turnkey property is ready to generate income from day one! Don’t miss out on this exceptional opportunity. Schedule your showing today!
  • OFFICELIST_STATE: TX
  • YearOfConstruction: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1944

Interior Features

  • Fireplace: None
  • Source of Sq Ft: Appraisal

Exterior Features

  • Exterior Construction: Wood/ Frame
  • Foundation: Pier and Beam
  • Waterfront: No
  • Water View: No

Garage/Parking

  • PARKING24FAMILY: 1 Or More Per Unit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Heat

Condo/Co-op/Association

  • Number of Units: 4

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 3607

Schools

  • Elementary School: Bramlette
  • Middle School: Judson
  • High School: Longview
  • Elementary School: Bramlette
  • High School: Longview
  • Middle School: Judson

Lot Info

  • Zoning: Multi Fam Dwelling 2 ½ St

Rental Info

  • Tenant Pays: Electric

Tax Info

  • Tax Year: 2024

Multi Family

  • Owners Expenses: Taxes, Maintenance Repairs, Lawn Care

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Apr 17, 2025
Sold by
Blackfoot Ventures Corp
Bought by
Whitman Kevin and Whitman Ashley
Seller's Agent
Ken Sheppa
Leslie Cain Realty, LLC
Buyer's Agent
Kevin Whitman
Miller Homes Group
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$240,000
Outstanding Balance
$240,000
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$63,293

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jul 11, 2023
Sold by
29 Links Llc
Bought by
Blackfoot Ventures Corp
Seller's Agent
Myles Wise
Texas Real Estate Executives - Longview
Buyer's Agent
BRANDI RUSSELL
Trina Griffith & Company Real Estate
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.68%
Original Mortgage
$144,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2021
Sold by
Roy Seymore Flp
Bought by
29 Links Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,519
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2008
Sold by
Shelton Lafayette L and Bank Of New York
Bought by
Roy Seymour Flp

Purchase Details

Closed on
Apr 24, 2006
Sold by
Shelton Lafayette
Bought by
Shelton Lafayette L and Shelton Kim M

Purchase Details

Closed on
Feb 19, 2005
Sold by
Ingle Nancy L and Ingle Larry
Bought by
Shelton Lafayette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $240,000 Truly Title
Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Trustee Deed $48,026 None Available
Interfamily Deed Transfer -- None Available
Vendors Lien -- Ctc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $127,519 Commercial
Previous Owner $127,519 New Conventional
Previous Owner $60,000 Adjustable Rate Mortgage/ARM
Previous Owner $12,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Rent $900 0.0% --
04/17/2025 04/17/25 Sold -- -- --
02/25/2025 02/25/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $319,900 +68.4% $128 / Sq Ft
07/14/2023 07/14/23 Sold -- -- --
04/21/2023 04/21/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $190,000 -- $88 / Sq Ft
Source: Greater Tyler Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $3,608 $180,390 $7,280 $173,110
2023 $2,354 $118,760 $3,290 $115,470
2022 $2,381 $108,830 $2,960 $105,870
2021 $1,140 $50,430 $3,290 $47,140
2020 $1,142 $50,430 $3,290 $47,140
2019 $1,153 $50,430 $3,290 $47,140
2018 $1,149 $50,430 $3,290 $47,140
2017 $1,153 $50,430 $3,290 $47,140
2016 $1,153 $50,430 $3,290 $47,140
2015 $1,153 $50,430 $3,290 $47,140
2014 -- $50,430 $3,290 $47,140
Source: Public Records

Agents Affiliated with this Home

  • Chelsea Adams

    Seller's Agent in 2025

    Chelsea Adams

    Miller Homes Group

    (817) 851-3332

    1 Total Sale

    Chelsea Adams
    Section Image
  • Ken Sheppa

    Seller's Agent in 2025

    Ken Sheppa

    Leslie Cain Realty, LLC

    (903) 217-6168

    121 Total Sales

    Ken Sheppa
    Section Image

  • K

    Buyer's Agent in 2025

    Kevin Whitman

    Miller Homes Group

    6 Total Sales

    Kevin Whitman
    Section Image
  • Myles Wise

    Seller's Agent in 2023

    Myles Wise

    Texas Real Estate Executives - Longview

    (903) 918-4463

    257 Total Sales

    Myles Wise
    Section Image

  • B

    Buyer's Agent in 2023

    BRANDI RUSSELL

    Trina Griffith & Company Real Estate

    (903) 452-7524

    31 Total Sales

    BRANDI RUSSELL
    Section Image
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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 25001768

Greater Tyler Association of REALTORS®

APN: 50292

Texas Gregg County Longview 75601

406 S Fredonia St, Longview, TX

This home is located at 406 S Fredonia St, Longview, TX 75601 and is currently estimated at $319,900, approximately $128 per square foot. This property was built in 1944. 406 S Fredonia St is a home located in Gregg County with nearby schools including Judson Middle School, Bailey Elementary, and Ware Elementary School.

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.

Greater Tyler Association of REALTORS® IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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