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Longview 75605
4002 Falls Creek Drive
$306,500
● House - Off Market

4002 Falls Creek Drive

Longview, TX 75605
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,470 Ft²
$448,521
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Spring Hill ISD 4 bedroom, 3 bathrooms, 2 car garage, and impeccably maintained and ready to be lived in! This Falls Creek home has high quality and desirable finish outs; easy flowing open floor plan with fenced in the back yard. Formal dining as well as a breakfast room space along with a breakfast bar in the kitchen. Wood floors flow thru the main area of the home and carpet and tile fill in other areas. Master Suite is split! This home is an energy rated home, with Tankless HW heater, and has year-round yard maintenance. Save $$ on insurance with an in-home sprinkler system. It will not last long so call Ramsey Realty Group today to schedule your private viewing.
Unit Size
2,470 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$130
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2012

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14336577)

Price History

Date / Event Date Event Price
Jun 5, 2020 Sold
Premium
Sold
May 5, 2020 Listed by Ramsey Realty Group $319,900
Listed by Ramsey Realty Group
Aug 23, 2018 No longer available -
No longer available
Jul 16, 2018 Listed $311,999
Listed
Impeccably maintained and ready to be lived in! This home has quality and great finish outs; very livable with easy flowing open floor plan. Formal dining as well as a breakfast room space along with a breakfast bar in the kitchen. Wood floors flow thru the main area of the home and carpet and tile fill in other areas. Master Suite is split! This home is an energy rated home, w/ Tankless HW heater and has year around yard maintenance. Save $$ on insurance with in home sprinkler system. Call Jeff today! The manager has listed the unit size as 2470 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,244
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,470
  • Building Area: 2,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,470
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALL CREEK #2
  • Land Acres: 0000000304
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: LT 19 BLK 1 FALL CREEK #2

Neighborhood

  • School District Name: Spring Hill Independent School District
  • Census Tract: 000602

Geography

  • Account Number: 1123190
  • Subdivision Tract Number: 19
  • Parcel: 2384020000-019-02-02
  • Block: 1
  • Lot: 19
  • Municipality: LONGVIEW
  • Latitude: 32.5526
  • Longitude: -94.7831

    Address

  • Full Address: 4002 Falls Creek Dr
  • Address - House Number: 4002
  • Address - Street Name: Falls Creek
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Longview
  • Carrier Code: R018
  • 4-Digit Zip Code: 2733
  • Zip Code: 75605

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $726,448
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: CLV GGG RD

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 376,551
  • High Value: 468,199
  • Low Value: 284,903

    Market Valuation

  • Market Total Value: $371,170
  • Market Land Value: $22,000
  • Market Improvement Value: $349,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,170
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $349,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6848
  • Previous Sale Recording Date: Jun 05, 2020
  • Previous Sale Contract Date: Jun 04, 2020
  • Previous Sale Amount: $325,700
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Longview

Stats & Trends

Median Asking:

$282,450

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1851 ft²

Average Home Age

45.8 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 309 Blake Drive, Longview, TX, 75604

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 999 ft²
309 Blake Drive #A, Longview, TX, 75604 Listing by Melissa Sanches
Unit for rent at 3815 Holly Ridge Drive, Longview, TX, 75605

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 2,537 ft²
3815 Holly Ridge Drive #GUESTHOUSE, Longview, TX, 75605 Listing by Melissa Sanches

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jeffery Ramsey, Ramsey Realty Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14336577
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4002 Falls Creek Drive built and last sold?
The property at 4002 Falls Creek Drive was built in 2012 and last sold on Apr 22, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 4002 Falls Creek Drive is $0.
What are some comparable homes to 4002 Falls Creek Drive?
There are currently no comparable homes to 4002 Falls Creek Drive.
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