$199,908
302 E Hird Street, Gainesville, TX, 76240
$227,760 ARV
On Market
Just Added
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDouble Oven, Dishwasher, Electric Oven
FlooringCarpet, Vinyl, Wood
Exterior
Lot Size20,669 sqft
Building Information
Year Built1935
Roof Type105
Land Information
APN10681
Lot Number6,5
SubdivisionSternberger Addn
Land UseResidential
Legal DescriptionSTERNBERGER ADDN; BLOCK 4; LOT 6 & PTS OF 5 & 7
Census Tract001100
Assessed Land Value$67,347
Assessed Improvement Value$158,216
Assessment Year2025
About this property
Charming home in Gainesville's Historic Addition! This cute home sits on a large lot (just under .5 acre) in an established neighborhood and offers plenty of potential for someone looking to make it their own. The property needs improvements but presents a great opportunity for homeowners and investors. A 24x18 shop with electricity provides additional storage. Bring your vision and make this property yours!!!
Investor Tools
$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$227,759
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,159
$172,479
2025
$67,347
$158,216
$225,563
Yes (2024)
Tax History
Year
Tax Paid
Assessed Value
2025
$1,159
$172,479
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,340/mo
N/A
+$1,340/mo
6.8%
