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$164,000

$169,000

1103 E Leon St, Gatesville, TX, 76528

On MarketInfo
Just AddedInfo
Price DropInfo
Baths924 Sq Ft
DuplexDuplex
price_per_sqft$86.58 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range
FlooringVinyl

Exterior

Lot Size6,229 sqft

Building Information

Year Built1984

Land Information

APN0-96-63-0000
Lot Number4
SubdivisionOriginal Town Gatesville
Land UseResidential
Legal DescriptionORIGINAL TOWN GATESVILLE, BLOCK 19, LOT 4, ACRES .143
Census Tract010400
Assessed Land Value$17,500
Assessed Improvement Value$62,500
Assessment Year2025

About this property

Income producing! Fully updated! Don’t miss this beautifully updated duplex in a desirable Gatesville neighborhood, conveniently located near shopping, dining, schools, and everyday amenities. Whether you’re looking to expand your investment portfolio or make a smart owner-occupied purchase, this property offers flexibility, functionality, and immediate income potential. Each unit features a well-designed 1-bedroom, 1-bathroom layout with updated finishes throughout, including luxury vinyl plank flooring, updated kitchens and bathrooms, and a newer roof. Thoughtful floor plans provide generous closet space, dedicated pantry storage, and private fenced yards for added outdoor enjoyment. One unit also includes a ramp for convenient accessibility. With tenants already in place in both units, investors can enjoy immediate rental income from day one. The strong rental demand in Gatesville makes this an attractive addition to any portfolio, while future owner-occupants may appreciate the opportunity to offset housing expenses by living in one unit and renting the other. Additional features include ample parking, low-maintenance updates, attractive curb appeal, and modern finishes that help set this property apart from typical rental inventory.

Investor Tools

$109,012Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month

Interested in this property?

Kellie Gore

Camille Johnson

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,422
$80,000
2025
$17,500
$62,500
$80,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,422
$80,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$112,000
No
First
Dec 31, 2024
Jan 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,012
N/A
0%
136%
$672/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.

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: Gatesville

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