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$450,000

1500 E California St, Gainesville, TX, 76240

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.58 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Parquet, Wood

Exterior

Exterior FeaturesLighting, Private Entrance, Private Yard, Rain Gutters, Storage
Lot Size18,369 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces3

Land Information

APN737
Lot Number1,2
SubdivisionGribble
Land UseResidential
Legal DescriptionGRIBBLE; BLOCK 2; LOT 1 & PT OF 2
Census Tract001100
Assessed Land Value$51,004
Assessed Improvement Value$319,896
Assessment Year2025

About this property

Beautifully designed one owner home nestled on a gorgeous oversized corner lot! Thoughtfully designed with the character and charm of a historic home while offering the comfort and convenience of modern amenities. The spacious dining area features beautiful parquet wood flooring and flows into a chef-inspired kitchen complete with granite countertops, tumbled-stone backsplash, stainless steel appliances and ample cabinetry. A generous living area with a wood burning fireplace opens beautifully to the outdoor patio, creating a wonderful space for everyday living and entertaining. The home offers two generously sized secondary bedrooms plus a private primary suite featuring an ensuite bath with a large walk-in shower, built-in cabinetry and closet. An additional adjoining room provides wonderful flexibility and would be ideal as a nursery, home office, game room, craft room or additional bedroom. Outside, the beautifully landscaped corner lot is equally impressive with mature shade trees, a circle drive, perimeter brick and iron fencing, and a lovely fenced backyard. An oversized two car side-entry garage provides excellent parking and storage, while an attached 21’ x 10’ home office with private access through the garage creates a dedicated space for working from home. Two additional storage buildings-workshop areas with electricity offer even more versatility. Loaded with character, flexible living spaces and thoughtful extras inside and out, this special property has so much to offer!

Investor Tools

$0Estimated Mortgage Balance
$324,194Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

MISTY SCHMITZ

TIERRA REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,835
$324,194
2025
$51,004
$319,896
$370,900
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,835
$324,194

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$324,194
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
5.3%

City: Gainesville

1500 E California St | Property Details | No Agent List