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For sale
  • $349,900

    261 Shenandoah Dr, Longview, TX 75605

    --beds
    --baths
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    Multi Family
    Built in 2012
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Four tenant-occupied manufactured homesRecently installed ada-accessible ramp
    Excellent investment opportunity in highly desirable Hallsville ISD! Situated on approximately 2 acres, this income-producing property features four tenant-occupied manufactured homes with immediate cash flow and room to expand by adding additional homes. Three of the homes were built in 2012, while the fourth was built in 1979. Significant recent improvements have already been completed, including new roofs on Units 1, 2, and 3 (2025). Unit 1 also received all-new flooring in 2026 and includes a recently installed ADA-accessible ramp. Three newer units are in great condition with only minor issues. Unit 4 features a recently replaced HVAC system and is occupied by a long-term tenant. Current rental income includes Unit 1 at $950/mo, Unit 2 $875/mo, Unit 3 $850/mo and Unit 4 at $675/mo, with all four homes currently leased, including two long-term tenants, providing stable income from day one. The property is serviced by an aerobic septic system with a current maintenance contract already in place, adding peace of mind for the new owner. With its strong rental history, valuable updates, expansion potential, and excellent location in Hallsville ISD, this is an outstanding opportunity for investors looking to grow their portfolio or add a turnkey income-producing property.
    19 days
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    100
    |
    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Buettner 903-790-1143,

    Texas Real Estate Executives

    Source: LGVBOARD,MLS#: 20264566MLS Logo

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      Facts & features

      Interior

      Rooms
      • Room types: Family Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range/Oven, Electric Water Heater
      • Laundry: Laundry Room
      Features
      • Flooring: Vinyl
      • Has fireplace: No
      • Fireplace features: None

      Property

      Parking
      • Total spaces: 5
      • Parking features: No Garage, Parking Pad, Circular Driveway
      • Has uncovered spaces: Yes
      Features
      • Fencing: Partial
      Lot
      • Features: Landscaped
      Details
      • Additional structures: Storage
      • Parcel number: 8834, 45995, 10097176, 10097177, 10097178

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Other
      • Foundation: Other
      • Roof: Composition,Other,Gable
      Condition
      • Year built: 2012

      Utilities & green energy

      • Electric: Separate Meter-Electric, Rural Electric, Separate Meter, Upshur Rural
      • Water: Harrison County

      Community & HOA

      Location
      • Region: Longview

      Financial & listing details

      • Tax assessed value: $28,910
      • Annual tax amount: $680
      • Price range: $349.9K - $349.9K
      • Date on market: 6/26/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 3300
      • Tenant pays: Electricity
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,092/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$349,900
        Source: LGVBOARD #20264566 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$336 -0.3%$28,910 +0.1%
        2023$337 -17.6%$28,870 +0%
        2022$409 $28,860 +14.6%
        2021-- $25,190 -0.4%
        2020$316 -27.8%$25,300 +1.2%
        2019$438 +30.7%$24,990 +2.1%
        2018$335 +0.9%$24,480
        2017$332 $24,480 +0.9%
        2016$332 -0.4%$24,260 -0.4%
        2015$334 -1.3%$24,350 -0.4%
        2014$338 -0.7%$24,440
        2013$340 +0.2%--
        2012$340 --
        2011-- --
        2010-- --
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        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 75605

        Getting around

        0 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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