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$119,900

1107 Wine, Gainesville, TX, 76240

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.02 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
AppliancesElectric Range, Plumbed For Ice Maker, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size15,002 sqft

Building Information

Year Built1940
Roof Type105

Land Information

APN1402
Lot Number5
SubdivisionClements Ii
Land UseResidential
Legal DescriptionCLEMENTS II; BLOCK D; LOT 5
Census Tract001100
Assessed Land Value$49,136
Assessed Improvement Value$115,062
Assessment Year2025

About this property

3 bedroom 2 bath ready to move in! Spacious eat in kitchen, large utility room and split bedrooms. Central heat and air, laminate flooring, huge fenced back yard and storage building. Lot extends approximately 50' beyond the storage building seller says. No Survey. Cook stove and refrigerator remain with the property.

Investor Tools

Property Icon
$175,000
Estimated Property Value
$0Estimated Mortgage Balance
$69,018Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,113
$164,198
2025
$49,136
$115,062
$164,198
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,113
$164,198

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Fha
$118,808
Yes
First
Oct 30, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,982
$69,018
39%
61%
$713/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$713/mo
+$707/mo
9.7%

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: Gainesville

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1107 Wine | Property Details | No Agent List