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$144,000

NAL Estimated Property Value

1023 E California Street, Gainesville, TX, 76240

Off MarketInfo
LeaseInfo
CommercialInfo
Baths1,870 Sq Ft
OfficeOffice
Year BuiltBuilt in 1950

Highlights

Interior

FlooringLaminate

Exterior

Lot Size12,197 sqft

Building Information

Year Built1950

Land Information

APN12682
Lot Number2
SubdivisionClements I
Land UseCommercial
Legal DescriptionCLEMENTS I; BLOCK 1; LOT 2 PT OF
Census Tract000500
Assessed Land Value$67,084
Assessed Improvement Value$76,916
Assessment Year2025

About this property

Location Location Location! The building has been renovated from top to bottom! Complete with 4 offices, a waiting room, kitchen breakroom area and an updated restroom. Your business will be front and center with this busy location. Circle drive out front with your own pole sign. New flooring, fixtures, paint, roof and HVAC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,729
$144,000
2025
$67,084
$76,916
$144,000
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,729
$144,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$144,000
100%
0%
$0/mo

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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1023 E California Street | Property Details | No Agent List