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Days302Days on Market
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$269,900

1007 E Broadway St, Gainesville, TX, 76240

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 0.5Bathrooms Half 0.5
Garage AvailableGarage Available
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Water Heater
FlooringLaminate, Other, Wood

Exterior

Lot Size5,436 sqft

Building Information

Year Built1930
Roof Type105
Garage Spaces192

Land Information

APN12773
Lot Number10
SubdivisionFarthing
Land UseResidential
Legal DescriptionFARTHING; BLOCK A; LOT 10 PT OF
Census Tract000500
Assessed Land Value$22,133
Assessed Improvement Value$187,583
Assessment Year2025

About this property

PRICE IMPROVEMENT — REMODELED & READY FOR ITS NEXT OWNER! This beautifully remodeled 4-bedroom, 2-bath home is ready for you to make it your own. With modern updates, new appliances, an open and functional layout, a fresh driveway, and a privacy fence, this property offers comfort without the hassle of a major renovation. The location is a standout — just minutes from Downtown Gainesville, with convenient access to I-35 and Hwy 82, shopping, restaurants, parks, and entertainment. Tom Thumb is within walking distance for everyday convenience. The possibilities don't stop at a primary residence. The generous 4-bedroom layout makes this property worth considering for rental income, a potential short-term rental, or an owner-user looking for flexibility. There may also be potential for commercial use, making this an interesting opportunity for an owner or investor. Buyer to verify zoning and permitted uses with the City of Gainesville. GREAT LOCATION. BEAUTIFUL UPDATES. FLEXIBLE POSSIBILITIES. Price improved — come see the value for yourself! Call Julie Mendoza Se Habla Español .

Investor Tools

$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

Interested in this property?

Julie Mendoza

RE/MAX FIRST REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,974
$209,716
2025
$22,133
$187,583
$209,716
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,974
$209,716

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
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
6.2%

Learn About the Market: Opportunity in Texas

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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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1007 E Broadway St | Property Details | No Agent List