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$415,000

1010 Aspen Road, Gainesville, TX, 76240

$440,822 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.67 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Must-SellHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
FlooringBrick, Carpet, Hardwood, Parquet

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size21,066 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces2

Land Information

APN11597
Lot Number13,14
SubdivisionWheeler Creek Addn
Land UseResidential
Legal DescriptionWHEELER CREEK ADDN; BLOCK 14; LOT 13 & 14 PT OF
Census Tract000600
Assessed Land Value$64,648
Assessed Improvement Value$464,583
Assessment Year2025

About this property

Elegant Custom Home with Endless Charm & Entertaining Possibilities! Step into timeless elegance with this stunning custom-built 2 story home from 1979, boasting all the bells & whistles for luxurious living and entertaining. The grand stairway, (reminiscent of Big Valley), and stunning chandeliers bring charm to this spacious home, with plenty of opportunity to modernize to your taste. All bedrooms boast a private balcony to step out and soak in the beautiful, lush landscaping. With three generous living areas, including a formal living room, formal dining room, and a cozy family room with a fireplace, this home offers space to spread out and enjoy. At the heart of the entertainment experience is the expansive 30x14 game room, complete with bar & French doors leading to a private paradise retreat featuring Gazebo for cocktails, sparkling inground pool, pool house with bath (needs some TLC). Wrought iron fencing is classic & secure encircling the backyard, and mature trees providing beauty & privacy. This sanctuary blends natural beauty with upscale living. An impressive brick driveway welcomes your home. Situated in a prime location, this property is a rare find.

Investor Tools

Property Icon
$529,231
Estimated Property Value
$0Estimated Mortgage Balance
$529,231Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$440,821
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,175 /month
Positive
Cash Flow Estimate:
$1,058 /month

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RITA GREER

RE/MAX FIRST REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,238
$529,231
2025
$64,648
$464,583
$529,231
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,238
$529,231

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$529,231
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
3.2%

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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1010 Aspen Road | Property Details | No Agent List