TBD Bill Owens Pwky, Longview, TX 75604
Local realty services provided by:CENTURY 21 Judge Fite Company
TBD Bill Owens Pwky,Longview, TX 75604
$599,000
- 5.18 Acres
- Lots / Land
- Active
Listed by: vivek patel
Office: bold real estate group
MLS#:20264874
Source:TX_LAAR
Price summary
- Price:$599,000
About this home
Offered for sale at $599,000 is a 5.18-acre shovel-ready multifamily development site positioned on the hard corner of Bill Owens Parkway and Fairmont Street in Longview, Texas — one of East Texas's most resilient and supply-constrained rental markets.? The parcel is zoned MF-3 (High-Density Multifamily) by the City of Longview, eliminating the entitlement risk that burdens the majority of comparable development opportunities in the region.? With full frontage on both Bill Owens Parkway and Fairmont Street, the site offers exceptional visibility, dual access points, and the flexibility to design a project that commands attention from both corridors.? Critically for a developer's pro forma, both a municipal sewer line and water line run along the Fairmont Street frontage on the property side — infrastructure that is already in place and dramatically reduces off-site utility costs.? Buyers should independently verify utility capacity, size, and tap/connection requirements with the City of Longview Public Works Department prior to closing.? What distinguishes this site beyond the fundamentals is what sits directly across the street: the Paul G.? Boorman Trail, Longview's beloved linear greenway.? Trail-adjacent multifamily is a recognized premium product category, and few sites in the market offer this combination of density-zoned acreage and immediate recreational amenity.? The property falls within Longview ISD, one of East Texas's more sought-after school districts, providing a competitive edge in the family renter segment that competing sites in unincorporated Gregg County cannot replicate.? Longview's multifamily fundamentals remain compelling.? The Longview–Marshall MSA anchors a 230,000+ person regional economy diversified across healthcare, petrochemicals, logistics, and manufacturing.? Eastman Chemical's massive complex, two regional medical centers, and sustained in-migration from higher-cost Texas metros continue to generate durable rental demand.? Meanwhile, new supply has persistently underdelivered relative to household formation, keeping stabilized properties at occupancy levels that underwrite well for new construction.? This is a rare opportunity to acquire pre-entitled, high-density multifamily land with utilities in place, in a demonstrably undersupplied East Texas market — with a lifestyle amenity built in, school district positioning established, and a corridor of proven apartment demand running right past your front door.?...
Contact an agent
Home facts
- Listing ID #:20264874
- Added:1 day(s) ago
- Updated:July 09, 2026 at 01:34 AM
Structure and exterior
- Lot area:5.18 Acres
Utilities
- Water:City Water
- Sewer:City Sewer
Finances and disclosures
- Price:$599,000
- Tax amount:$504
New listings near TBD Bill Owens Pwky
- New
$354,990Active4 beds 3 baths2,338 sq. ft.124 Peterson Place, Adkins, TX 78101
MLS# 1998703Listed by: CA & COMPANY, REALTORS - New
$304,990Active3 beds 2 baths1,536 sq. ft.128 Peterson Place, Adkins, TX 78101
MLS# 1998706Listed by: CA & COMPANY, REALTORS - New
$175,000Active3 beds 1 baths1,300 sq. ft.1809 S Green St., Longview, TX 75602
MLS# 20264876Listed by: FATHOM REALTY - New
$475,000Active4 beds 3 baths2,977 sq. ft.3202 Lopez Court, Longview, TX 75605
MLS# 20264866Listed by: KEEBAUGH & COMPANY - New
$199,900Active2 beds 1 baths1,110 sq. ft.2653 Lori Lane, Longview, TX 75605
MLS# 20264873Listed by: WHITE ROCK REALTY - New
$694,500Active4 beds 4 baths3,051 sq. ft.4002 Shadow Ridge Ln, Longview, 75605
MLS# 26009513Listed by: PINNACLE REALTY ADVISORS - New
$490,190Active4 beds 4 baths2,589 sq. ft.1685 Wood Place, Longview, TX 75601
MLS# 20264861Listed by: JULIE WOODS & ASSOCIATE RE FIRM - Open Fri, 9am to 4pmNew
$364,990Active4 beds 2 baths1,814 sq. ft.1523 Grace Acres Lane, Longview, TX 75605
MLS# 20264863Listed by: AVAILABLE HOMES, LLC - New
$319,000Active4 beds 3 baths2,612 sq. ft.1611 Ferndale Street, Longview, TX 75604
MLS# 20264864Listed by: KELLER WILLIAMS REALTY-TYLER