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Sold on 06/28/2019

306 Blake Dr, Longview, TX 75604

  • $178,000

    Last sold 06/28/2019 for $103K

  • —

    bed

  • —

    bath

  • 2,000

    Sqft ($52/Sqft)

Multi-family not for sale
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About 306 Blake Dr

Property type Multi-family
Year built 1981
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
New roof in 2019. Refrigerator, stove and dishwasher in each unit in included with sale. 13-year tenant in unit A with lease renewal 12/31/19. 2-year tenant in unit B with lease renewal 8/14/19. Rental currently managed by Reliable Management, Longview TX with 10% fee including lawn care. Rental company can be contracted to handle repairs. Gross annual rent $14,040, less rental management fee ($1404), less 10% assumed set aside for repairs ($1404), less property taxes ($1924.70) yields 10.7% cash on cash cap rate.
Listed by
Listing Agent - Steven Gillespie
Listing Office - Keller Williams Realty-Tyler
Source: Greater Tyler AOR mls logo
MLS#10108426 • last updated 7 years ago
Movoto checked Greater Tyler AOR for data 5 minutes ago
Overview
Cooling/AC Central Electric
Heating Central
SubType Duplex
Living Area 2000
Status Sold
MLS # 10108426
Property Tax 1924.7
Year Built 1981
Interior
Fireplace Other
Exterior
Construction Brick
Foundation Slab
Parking 1 Or More Per Unit, Paved
Location
Subdivision Thomas Manor
Middle School Spring Hill
Elementary School Spring Hill
High School Spring Hill
Directions From Downtown Head N On Gilmer Rd; 400 Past Dundee/W Hawkins Go L On Nikki Dr; In 400 Ft Go L On Gene Dr; 1 Block To End Then R On Blake Dr.
Multifamily Details
Total # of Units 2
$178K
Range: $160K-$195K
Last 30 days 
Rental est.: $1,025/month
Gross rent multiplier: 8.4 - Good
  • May 2019
    mls logo MLS # 10108426
  • May 15, 2019 Listed
    $87,000 (-15.5%)
  • May 13, 2019 Listed
    $103,000
  • 306 Blake Dr
    $103K
  • —
  • 75604
    $299K 0% y/y
  • Longview
    $324K +2% y/y
No chart available
Statistics calculated by Movoto

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N/A
Spring Hill Primary School
public Grades PK, K-2
Spring Hill Independent School District
7/10
Spring Hill High School
public Grades 9-12
Spring Hill Independent School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • TX
  • Gregg County
  • Longview
  • 75604
  • 306 Blake Dr
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