907 W Nelson Street
About This Property
Certified Texas Retirement Community, Longview is a definitely a wonderful place to call home! Enjoy the tranquility of
this peaceful lot, perfectly situated for those seeking a balance of convenience and serenity! It's just minutes from
downtown which boasts vibrant coffee shops, restaurants, spas, and boutiques! There are also grocery stores, banks,
schools and medical services within minutes from the property. City water and sewer available. No HOA fees and very
low annual taxes! Close to Hwy 259, Hwy 80 and I-20. Longview is located a half hour from Marshall, 45 minutes from
Tyler and an hour from Shreveport, LA. Buyer to confirm any building restrictions with the City of Longview before
building on the lot. Don't miss this investment opportunity! Seller does not have a survey.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Sep 13, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Price Decreased |
$9,600
↓ $700
(6.8%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by TX Real Estate Queen & Company | $10,300 | |
| Listed by TX Real Estate Queen & Company | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017