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Four plex 209 E Sycamore Ln 4 Unit Apartment Building $460,000 ($115,000/Unit) 7.30% Cap Rate Longview, TX 75604

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INVESTMENT HIGHLIGHTS

  • Centrally located in Longview’s active commercial corridor
  • Surrounded by stable residential neighborhoods and local retail
  • Quick access to Loop 281 and Highway 80 for regional reach
  • Positioned in a business-friendly East Texas market

EXECUTIVE SUMMARY

Building with four apartments in culdesac of four-plexes, close to Pine Tree schools. Three apartments renovated in last two years and building recently painted. This is a well-maintained and updated building. For sale by owner, but buyers agents get 2% commission.

PROPERTY FACTS

Price $460,000
Price Per Unit $115,000
Sale Type Investment
Cap Rate 7.30%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.45 AC
Building Size 3,011 SF
No. Stories 1
Year Built/Renovated 1982/2024
Zoning MF - Multi-Family

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • Eat-in Kitchen
  • Range
  • Porch
  • Vinyl Flooring

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
72220
Land Assessment
$17,090
Improvements Assessment
$236,060
Total Assessment
$253,150
  • Listing ID: 37985365

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: 209 E Sycamore Ln, Longview, TX 75604

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