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$49,900

616 State School Rd, Gatesville, TX, 76528

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$72.95 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Water Heater, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Some Gas Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesPorch
Lot Size22,216 sqft

Building Information

Year Built1975

Land Information

APN0-93-47-4990
Lot Number8
SubdivisionNorthern Annex
Land UseResidential
Legal DescriptionNORTHERN ANNEX, BLOCK 12, LOT 8, ACRES .51
Census Tract010202
Assessed Land Value$32,950
Assessed Improvement Value$48,740
Assessment Year2026

About this property

This 2 bedroom 1 bath wood frame home sits on a half acre lot with mature oak trees. Has a metal roof thats 3 years old and a tankless water heater. There is also a half acre vacant lot next door that is listed.

Investor Tools

$0Estimated Mortgage Balance
$127,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$762 /month
Positive
Cash Flow Estimate:
$254 /month

Interested in this property?

Alisa Gregory

Gold Key Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,292
$81,690
2026
$32,950
$48,740
$81,690
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,292
$81,690

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$127,000
100%
0%
$0/mo

City: Gatesville

616 State School Rd | Property Details | No Agent List