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$229,900

1615 Old Denton Rd, Gainesville, TX, 76240

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,488 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.5 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringWood

Exterior

Lot Size23,305 sqft

Building Information

Year Built1958
Roof Type105
Garage Spaces1

Land Information

APN14352
SubdivisionClark P
Land UseResidential
Legal DescriptionCLARK P 0232
Census Tract001100
Assessed Land Value$59,574
Assessed Improvement Value$147,694
Assessment Year2025

About this property

Discover a wonderful opportunity in Gainesville, Texas with this charming 3 bedroom and 1.5 bath home sitting on over a half acre lot. Featuring gorgeous original hardwood floors and a warm, inviting layout, this property serves as an excellent starter home or a smart investment addition to your portfolio. The functional kitchen flows easily into the dining and living spaces, while the covered back porch provides a great spot to relax overlooking the expansive yard. Additional conveniences include a handy storage building in the back. Do not miss the chance to own a spacious lot and a solid home with incredible potential.

Investor Tools

$72,671Estimated Mortgage Balance
$178,537Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

Interested in this property?

BRANDON PARKER

Fathom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,638
$192,866
2025
$59,574
$147,694
$207,268
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,638
$192,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cu Members Mortgage
Fha
$94,322
Yes
First
Feb 29, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,671
$178,329
71%
29%
$566/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$566/mo
+$1,134/mo
8.1%

City: Gainesville

1615 Old Denton Rd | Property Details | No Agent List