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$315,000

1912 Cypress Ct, Gainesville, TX, 76240

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.74 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesOther, Rain Gutters, Storage
Lot Size19,554 sqft

Building Information

Year Built1970
Roof Type105
Garage Spaces2

Land Information

APN5805
Lot Number11
SubdivisionWheeler Creek Addn
Land UseResidential
Legal DescriptionWHEELER CREEK ADDN; BLOCK 8; LOT 11
Census Tract000600
Assessed Land Value$62,085
Assessed Improvement Value$266,225
Assessment Year2025

About this property

Spacious and full of potential, this large home offers multiple living and dining areas including a formal living room, dining room, breakfast area, and a cozy den with a brick fireplace. The kitchen features granite countertops, and a bright sunroom provides extra space for relaxing or entertaining. Situated on a generous lot with beautiful mature trees, the property also includes a versatile workshop with electricity—large enough to serve as a second garage. The home needs some updating, but the layout, square footage, and lot size make it an exceptional opportunity to personalize and create your ideal space. Immediate possession available.

Investor Tools

$0Estimated Mortgage Balance
$290,361Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,842
$290,361
2025
$62,085
$266,225
$328,310
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,842
$290,361

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$290,361
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
5.9%

City: Gainesville

1912 Cypress Ct | Property Details | No Agent List