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$292,296

NAL Estimated Property Value

102 Line Dr, Gainesville, TX, 76240

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.28 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringHardwood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size23,627 sqft

Building Information

Year Built1950
Roof Type105
Garage Spaces3

Land Information

APN21492
SubdivisionBurris
Land UseResidential
Legal DescriptionBURRIS; BLOCK 9; TR 4; ACRES .5424
Census Tract001100
Assessed Land Value$59,606
Assessed Improvement Value$232,690
Assessment Year2025

About this property

Beautiful 4 bedroom 2-bath “rambling ranch style” home is the perfect fit for a growing family. This beautifully crafted mid-century gem reflects pride of ownership through multiple generations of a single family. It features a big half acre lot with mature trees and raised garden plots in back. Large shady back yard is fenced on three sides. Fresh paint inside and out. Attached two-car garage features electrified workbench and ample cabinets. Rear patio cover and carport with huge concrete patio drive parking area facilitate easy entertaining, and provide ample parking for boat or RV. Original hardwood flooring in most areas, new luxury vinyl plank in others, high efficiency central air & gas furnace, and wood burning fireplace. Fourth bedroom could also serve as a study, entertainment area, or “man cave,” with direct access to the rear patio. Brand new 30-year roof, upgraded 200-amp electrical service and a brand new 50-gal water heater.

Investor Tools

Property Icon
$292,296
Estimated Property Value
$256,652Estimated Mortgage Balance
$35,644Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,754 /month
Positive
Cash Flow Estimate:
$585 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,680
$292,296
2025
$59,606
$232,690
$292,296
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,680
$292,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$277,420
No
First
May 12, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,652
$35,644
12%
88%
$1,664/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,664/mo
$-244/mo
5.8%

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.

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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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102 Line Dr | Property Details | No Agent List