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1408/1410 S 12th St, Longview, TX, 75602

2beds
2baths
1,212sqft
$94,900
$78price/sqft
$915/moest. monthly cost
$36,600/yrincome needed

About This Home

Exceptional investment opportunity with unlimited potential! This duplex offers the chance to create strong cash flow and build long-term equity. Featuring two separate units, each currently configured as a 1-bedroom, 1-bath residence, both have been almost gutted and are ready for your vision. With the major demolition already completed, you can skip the tear-out phase and move directly into designing the finished product. The spacious layouts provide an excellent opportunity to reconfigure each unit into a desirable 2-bedroom floor plan, maximizing rental income and increasing future property value. Whether you're an experienced investor, contractor, or someone looking for their next renovation project, this property offers the flexibility to customize the interiors to today's rental market. Unit 1408 offers approximately 1,212 square feet and sits on a 50' x 150' lot, while Unit 1410 features approximately 1,609 square feet on a generous 75' x 150' lot, providing additional outdoor space and possibilities. Separate addresses add convenience for future tenants and property management. With the growing demand for quality rental housing, this property presents an outstanding opportunity to renovate, lease, and generate consistent income, or renovate and hold as a long-term investment. Investors may also consider living in one unit while renting the other, depending on local regulations and their intended use. Bring your contractor, your imagination, and your vision to transform this blank canvas into a profitable income-producing property. Opportunities like this are becoming increasingly difficult to find. Property is being sold AS-IS and is priced to allow the next owner to bring their vision to life. Cash buyers or purchasers completing a 1031 Exchange only. No seller financing is available. Buyer to verify all measurements, zoning, permitted uses, and renovation requirements.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

8/10
Foster Middle SchoolGrades 6-80.5 mi
6/10
Longview High SchoolGrades 9-125.0 mi

Construction

Condition

  • Year built: 1951

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Paneling/Wainscoting
  • Flooring: Wood
  • Fireplace features: None

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,212
  • Total interior livable area: 1,212 sqft

Property

Details

  • Parcel number: 000000062700

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 7,492 sqft
  • Features: Back Yard,Cleared,Interior Lot,Lawn,Few Trees

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Covered,Carport,Driveway,No Garage
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Ice Storm
Strong Wind
Cold Wave
Hail
Heat Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $479$5,748
Home Insurance *$107$1,284
Property Taxes $91$1,092
Electricity $238$2,859
Total$915$10,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,371/yr
40% on housing$27,450/yr
45% on housing$24,400/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$78This listing

vs Other Active Listings

Avg $/sqft

ZIP 75602$135
Gregg County$138

vs Homes Sold Last Month

Median $/sqft

ZIP 75602$113
Gregg County$127

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-28Price change$94,900
2026-07-07Listed for sale$99,900

For Sale by Agent

AgentRick Lamoureux
BrokerageSkylite Realty LLC

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