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$100,000

1014 County Rd 263, Gainesville, TX, 76240

Off MarketInfo
Baths0 Bath
Baths2,660 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

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
$0Estimated Mortgage Balance
$170,200Estimated Equity
100% 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%

Learn About the Market: Opportunity in Texas

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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.

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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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1014 County Rd 263 | Property Details | No Agent List