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$135,000

1000 W Star Street, Gainesville, TX, 76240

$174,536 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,269 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.38 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,670 sqft

Building Information

Year Built1977
Roof Type112
Garage Spaces1

Land Information

APN3515
SubdivisionGainesville Addn
Land UseResidential
Legal DescriptionGAINESVILLE ADDN; BLOCK 135; TR 16 - 1000 W STAR
Census Tract000400
Assessed Land Value$43,418
Assessed Improvement Value$149,307
Assessment Year2025

About this property

Ready to move in 3 bedroom 1 bath with fresh paint, new metal roof, new lighting, faucets, fixtures and some new wiring. Bathroom has been updated with a tile shower and floor and the rest of the home has newer tile and laminate flooring. 4 car carport - great for all your vehicles or toys! Nice backyard to entertain family and friends with a privacy fence and storage building. Located close to I-35 for quick access to work, shopping and restaurants. *Owner is a licensed Texas Realtor*

Investor Tools

Property Icon
$192,725
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$174,536
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,156 /month
Positive
Cash Flow Estimate:
$385 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,926
$192,725
2025
$43,418
$149,307
$192,725
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,926
$192,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Unknown
$275,500
No
First
Jan 26, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,546
N/A
0%
134%
$1,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,652/mo
$-232/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gainesville

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1000 W Star Street | Property Details | No Agent List