About this home

Value-add opportunity in Pine Tree ISD! Located on a corner lot at Rainbow Drive and Reel Road in Longview, this property offers a solid opportunity for investors, renovators, or buyers looking to create additional value. The main home features 2 bedrooms and 1 bathroom, with the converted garage providing an additional bedroom and full bathroom, creating flexible space and added functionality. Several improvements are already in place, including a metal roof and newer windows, giving the next owner a great starting point for updates. The property also features a fenced backyard and two outbuildings measuring approximately 12' x 20' and 8' x 8', offering valuable storage or workshop space. With its Pine Tree ISD location, corner lot, additional living space, and improvement potential, this property has the ingredients for an appealing renovation, rental, or resale opportunity. Bring your ideas and take advantage of the potential this property has to offer.

Facts and features

Schools

• Pine Tree Primary School

  elementary · K · 0.4 mi

• Pine Tree Junior High School

  middle · 7-8 · 1.2 mi

  7

• Pine Tree High School

  high · 9-12 · 1.5 mi

  5

• Longview Christian Academy

  elementary · K-12 · 1.0 mi

• Pine Tree Middle School

  elementary · 5-6 · 2.3 mi

  6

• Pine Tree DAEP

  elementary · 1-12 · 0.2 mi

Price history

• Oct 10, 2026 · Listed$124,000
• Mar 14, 2011 · Sold—

Tax history

• 2026$3,561 tax · $180,650 assessed
• 2025$3,293 tax · $167,067 assessed
• 2023$3,259 tax · $173,610 assessed
• 2022$2,690 tax · $125,520 assessed
• 2021$2,552 tax · $113,270 assessed
• 2020$2,435 tax · $109,660 assessed
• 2019$2,450 tax · $109,180 assessed
• 2018$2,463 tax · $107,250 assessed

Home value

$186,000

• Collateral Analytics$186,000
• Cotality$219,800
• Quantarium$124,782

Where it is