Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$198,500

1104 Fair Ave, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.12 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Gas Water Heater, Refrigerator
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size10,877 sqft

Building Information

Year Built1952
Roof Type105
Garage Spaces1

Land Information

APN11587
Lot Number7
SubdivisionHillcrest Addn
Land UseResidential
Legal DescriptionHILLCREST ADDN; BLOCK 15; LOT 7
Census Tract000600
Assessed Land Value$44,859
Assessed Improvement Value$114,934
Assessment Year2025

About this property

Charming 1950's 3-bedroom 2-bath home with vintage appeal. Step back in time and enjoy mid-century character with original hardwood floors, knotty pine kitchen cabinets and paneling that adds warmth and personality. Enjoy the fully fenced backyard and covered patio, perfect for entertaining, gardening, or letting pets roam. Home is ideally situated near shopping, dining, and schools. Attached is a 1 car garage plus 2 outdoor storage buildings that offer versatility for hobbies, tools or seasonal storage. Roof less than 1 yr old. Some electrical upgrades. Wood floors under living room and bedroom carpet. Refrigerator remains with the property. Buyer to purchase survey if needed. Seller will make no repairs.

Investor Tools

Property Icon
$171,000
Estimated Property Value
$0Estimated Mortgage Balance
$171,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,191 /month
Positive
Cash Flow Estimate:
$397 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$814
$159,793
2025
$44,859
$114,934
$159,793
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$814
$159,793

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$171,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
10.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Gainesville

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1104 Fair Ave | Property Details | No Agent List