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$130,000

109 & 105 E Leon St, Gatesville, TX, 76528

$131,437 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.09 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Refrigerator, Gas Water Heater, Range
FlooringLaminate

Exterior

Exterior FeaturesExterior Steps
Lot Size18,731 sqft

Building Information

Year Built1970
Garage Spaces1

Land Information

APN1-00-07-0000
Lot Number7
SubdivisionOriginal Town Gatesville
Land UseResidential
Legal DescriptionORIGINAL TOWN GATESVILLE, BLOCK 87, LOT 7 S PT & 8 SE 1/4, ACRES .4304
Census Tract010300
Assessed Land Value$30,000
Assessed Improvement Value$89,540
Assessment Year2026

About this property

This well-maintained, three-bedroom, one-bath home offers exceptional potential and everyday convenience on a rare double lot. Located in a friendly neighborhood just a few blocks from the town square and a short walk to H-E-B, the property features a practical carport and a convenient backyard storage shed. The adjacent lot provides incredible flexibility—ideal for future expansion, a workshop, or even a second home subject to city approval. Whether you are looking for a fantastic starter home, a comfortable retirement retreat, or a promising investment property for a short-term rental, this versatile find is ready to welcome its next owner. Come take a look today!

Investor Tools

$0Estimated Mortgage Balance
$139,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$131,437
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

Interested in this property?

Leah Caruthers

Texas Real Estate Sales

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,816
$119,540
2026
$30,000
$89,540
$119,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,816
$119,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$139,000
100%
0%
$0/mo

City: Gatesville

109 & 105 E Leon St | Property Details | No Agent List