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$420,000

NAL Estimated Property Value

1014 County Rd 263, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,660 Sq Ft

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size1 acre

Building Information

Year Built2022
Roof Type105

Land Information

APN115834
Lot Number31
SubdivisionTimber Creek Ranchettes
Land UseManufactured Homes & Land Non Ag Qualified
Legal DescriptionTIMBER CREEK RANCHETTES; LOT 31 PT OF; SEC 2; ACRES 1.0; MH LABEL# NTA2091507 CANCELLED TO REAL / NTA2091508
Census Tract000701
Assessed Land Value$105,000
Assessed Improvement Value$219,280
Assessment Year2025

About this property

Welcome to your dream property! This stunning 1-acre is a blank canvas awaiting the masterpiece of your new home. A picturesque landscape, both captivating and serene. The gentle slope from the front to the back of the property not only adds a touch of elegance but also provides an ideal vantage point to enjoy the soothing views and meandering creek. A true retreat from the hustle and bustle of everyday life! Privacy is paramount on this enchanting property, surrounded by mature trees that create a natural shield, ensuring your own private oasis. This acre of paradise is not just a property; it's an opportunity to craft the lifestyle you've always desired. With the groundwork already laid out in the form of a thoughtfully cleared space, you have the freedom to design and build your dream. Onsite storage container, cabana, and fire pit are waiting for you. Welcome to a life of serenity and possibilities!

Investor Tools

Property Icon
$420,000
Estimated Property Value
$249,800Estimated Mortgage Balance
$170,200Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$657
$324,280
2025
$105,000
$219,280
$324,280
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$657
$324,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
21st Mortgage Corp
Commercial
$259,532
No
First
Apr 30, 2024
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,800
$170,200
40%
59%
$1,557/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,557/mo
$-137/mo
4.1%

City: Gainesville

1014 County Rd 263 | Property Details | No Agent List